The Savings Bank

The Savings Bank offers commercial loans to fuel growth and fund your business initiatives. Our local small business specialists will learn the unique needs of your business, and you’ll have our support every step of the way. Talk with us about a tailored plan that works best for you.

Supporting small business growth as an approved Small Business Administration (SBA) lender.

Total Temperature Control

SBA 7A and 504 Loans   

  • Designed for start-ups, mergers, and acquisitions
  • Partially guaranteed by SBA
  • Flexible 504 program loans for real estate and equipment
  • Long-term fixed rates available
  • Streamlined approval process

Small Business Banking Partnership Loans

The Small Business Banking Partnership* was created to help banks expand their small business loan programs.

  • Up to $10 million in state funds available for small business loans
  • Designed to help businesses expand
  • Term loans
  • Lines of Credit
  • TSB Business Credit Lines

*As of June 30, 2022, The Savings Bank has originated 39 loans totaling $3,624,334 through this program. Contact Senior Commercial Banking Officer, Peter Johnston, for more information about this program.

SBA Specialist

For information about SBA lending, contact:

Peter W. Johnston
Senior Vice President
Senior Commercial Banking Officer
P: 781-224-5309
F: 781-224-3570

From our customers
“I am older and appreciate the ease of banking online. I always get good service at the branches I visit.”

From our customers
“I spoke to Theresa today and she was incredibly helpful! That is why I bank with you! The personal touch is what makes the difference!”

From our customers
“The whole banking center experience is excellent. The website is superior to most for my wants/needs to obtain and store on MY own computer our home banking records.”

From our customers
“The employees are knowledgeable, reliable, industrious as well as kind and personable.”

From our customers
“Love the tellers at the Lynnfield Center location. Very professional and caring.”

From our customers
“Love Lakeside. Mario and staff always greet me by my first name.”

From our customers
“I mostly use the Methuen branch. All of the tellers have been wonderful and the branch manager is fabulous.”

From our customers
“Such a great support center when you need help, and the technology has kept up. I use Zelle which solved a banking problem I had had for years. The team in Greenwood is absolutely excellent! Thank you all.”

From our customers
“Their community involvement has made a huge difference in Wakefield over the years.”

From our customers
“I basically never have to go to the bank to deposit a check. it can be done from my phone saving me time, trips and gas which means I can focus on other important tasks.”

From our customers
“I found your online banking system very user-friendly. I also would like to mention that the staff in the Wakefield branch are professional and very helpful.”

From our customers
“Great people. Great service. Convenient.”

From our customers
“Competent, knowledgeable, customer-focused, and very warm and friendly employees.”

From our customers
“Always helpful whether in the branch or online!”

From our customers
“I love it here!! Best service all around.”

From our customers
“Bank personnel are always so willing to help. They always greet us with a smile. In this world today, it makes us feel good!”

From our customers
“Banking with The Savings Bank was with me for several years & it will always be my bank forever!!”

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 locationsuse our contact form, or call us at 800-246-2009.

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