The Savings Bank provides personal banking and business banking services at our branch locations in Wakefield, Lynnfield, Andover, Methuen, and North Reading and through online and mobile banking.
In addition to personal and business bank products and services, The Savings Bank offers wealth management and estate planning through First Financial Trust, N.A.
Local. Innovative. Trusted.
Our Mission
Our mission as a trusted leader is the personalized delivery of innovative financial services by our committed employees, coupled with an unwavering loyalty toward community relationships.
We have remained independent since we opened in 1869, serving our customers and not shareholders, and making decisions locally. Our founders’ vision and legacy still live on in all we do at The Savings Bank. How we do it may have changed, but the core of who we are as a community bank will always remain the same.
Our History
We trace our heritage back to the Bank’s first president, Cyrus Wakefield, who along with other business leaders, petitioned for a charter to open a savings bank to provide the community with a safe place to deposit their money, get a loan to buy or build a house, or secure money for a small business.
Starting with one physical location in 1869, the Bank was chartered as the Wakefield Savings Bank. We now have eight branch locations, plus the 1st Educational Savings Branch at Wakefield High School, the first student-run branch in the nation. In 1989, our name changed to The Savings Bank to reflect our broader geographic footprint.
Talk to The Savings Bank
To find out how The Savings Bank can help you achieve all your financial goals, visit one of our branch locations, use our contact form, or call us at 800-246-2009.
