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Welcome to The Savings Bank

Important Information Regarding ATM Updates

The Savings Bank is vigilant when it comes to protecting our customers. That is why we are in the process of updating our ATM machines to make them EMV Compliant and to provide protection from skimming devices.

Our Lakeside Office ATM machine has been updated with our new card reader. You will notice that there is a change to the way you insert your card. Please be assured that the new reader is Bank installed and completely secure, providing EMV readiness and protection from unauthorized skimming devices.

All of our ATM’s will be updated with the new reader over the next two weeks. Please don’t hesitate to contact us at 1-800-246-2009 if you have any questions.

Meeting Rooms Available

We are pleased and excited to offer 3 meeting room spaces at The Savings Bank. Reserve your meeting today.

Vendor/Supplier Diversity

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. Read more...


Visit our Security Center for important information on how to protect yourself or your business from cybersecurity threats.



Term Deposit and IRA Accounts
9 Month - Fixed Rate 0.600%
18 Month - Fixed Rate 0.950%
Checking and Savings Accounts
Interest Checking - Tier 2 0.075%
Interest Checking - Tier 1 0.025%
Real Estate Loan Rates
5/5 ARM 3.000%
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The Savings Bank  357 Main Street St, Wakefield, MA, 01880    Phone: (800) 246-2009    Fax: (781) 224-5482
DIFEqual Housing LenderFDIC