The Savings Bank

At The Savings Bank, we believe the key to a secure financial future starts with financial education.

Accounts and education for local children and teenagers.

Student Accounts

Account for Young Children

The C.L.U.B. for Young Savers is a fun way to save while teaching your kids about banking right from the start. If your child can write his/her name, then they can open a C.L.U.B.(Children Learning to Understand Banking) account. Not only that, they’ll receive a passbook, a quarter saver, a pencil, an ID card, and a deposit envelope.

The CLUB for Young Savers

Accounts for Students

Our Kasasa Cash Back Checking account – a free checking account that gives cash back on everyday debit card purchases plus refunds on ATM fees, nationwide – is a great choice for young adults age 16 and older, and parents.

1st Educational Savings Branch
Opened in 1981, The Saving Bank’s 1st Educational Savings Bank at Wakefield High School is a student-operated and student-run banking office.

Deposit Insurance

Each depositor is insured by the FDIC to at least $250,000. All deposits above the FDIC insurance amount are insured by the Depositors Insurance Fund (DIF). Click for information about Deposit Insurance.

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

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

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

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

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

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

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

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

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

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

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!”

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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We are aware of sweepstakes scams affecting our customers. If you receive a notification with an unexpected check in the mail, this is likely to be a check scam.Read more about this scam.
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