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Welcome to The Savings Bank



  • 4.16.19 UPDATE: Another fraudulent email has surfaced using the name of Peter (Pete) Johnston SVP, Senior Commercial Banking Officer. Again please do not reply to these emails.

  • It has come to our attention that a fraudulent email has been circulating both within the United States and Internationally, attempting to entice unsuspecting individuals to provide personal and confidential information, including bank account information, in exchange for a sum of money.  The email has been fraudulently sent under the name of Robert DiBella, President and CEO of The Savings Bank and includes a phone number that is answered by someone posing as R. DiBella.


  • Another type of Robo Call has been brought to our attention. Customers are receiving an automated call about auto leases and their caller ID says it's from The Savings Bank - Lynnfield Office. These calls are NOT from The Savings Bank.
    We have received notice that a Robo Call is being generated with a caller ID of The Savings Bank. The call states that it is Raichelle from The Savings Bank calling to discuss interest rates or refinancing. Recipients are asked to call (781) 224-5361. This call has not been generated by The Savings Bank. Please know that The Savings Bank does not ever ask for personal and confidential information via email, mail or phone.  If you receive a solicitation that you believe to be fraudulent, please contact your local police department and contact The Savings Bank at 781-224-5425.



  • In soliciting quality, value-oriented products and services, The Savings Bank’s Supplier Diversity Policy assures, whenever possible, the inclusion of any minority supplier for inclusion in the competitive bidding process.


Term Deposit and IRA Accounts
9 Month - Fixed Rate 2.380%
15 Month - Fixed Rate 2.680%
36 Month - Fixed Rate 1.150%
48 Month - Fixed Rate 1.300%
Checking and Savings Accounts
Interest Checking - Tier 2 0.050%
Interest Checking - Tier 1 0.025%
Real Estate Loan Rates
5/5 ARM 4.250%


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The Savings Bank  357 Main Street St, Wakefield, MA, 01880    Phone: (800) 246-2009    Fax: (781) 224-5482
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