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The Savings Bank
✓ FDIC-insured · Active FDIC Certificate #90291
The Savings Bank is an FDIC-insured state-chartered savings institution, headquartered in Wakefield, Massachusetts, established in 1869. As of the 06/30/2026 FDIC call report, it reported $891M in total assets and $767M in deposits. FDIC location data lists 8 offices in Massachusetts. The FDIC classifies it as a community bank. It is owned by the holding company WAKEFIELD BCORP MHC (Wakefield, MA).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 8 of The Savings Bank's FDIC-listed offices are in Massachusetts. Browse banks in Wakefield for other local options.
Branch locations
| The Savings Bank The Savings Bank · Full Service - Brick And Mortar | 357 Main St Wakefield, MA 01880 Map ↗ |
| The Savings Bank Main Street Branch · Full Service - Brick And Mortar | 907 Main St Wakefield, MA 01880 Map ↗ |
| The Savings Bank Colonial Shopping Center Branch · Full Service - Brick And Mortar | 584 Main St Lynnfield, MA 01940 Map ↗ |
| The Savings Bank Lakeside Branch · Full Service - Brick And Mortar | 599 North Ave Wakefield, MA 01880 Map ↗ |
| The Savings Bank Andover Branch · Full Service - Brick And Mortar | 84 Main St Andover, MA 01810 Map ↗ |
| The Savings Bank South Lynnfield Branch · Full Service - Brick And Mortar | 1105 Summer St Lynnfield, MA 01940 Map ↗ |
| The Savings Bank Methuen Branch · Full Service - Brick And Mortar | 17 Burnham Rd Methuen, MA 01844 Map ↗ |
| The Savings Bank North Reading Branch · Full Service - Brick And Mortar | 6 Washington St North Reading, MA 01864 Map ↗ |
Holding company: WAKEFIELD BCORP MHC
The FDIC lists WAKEFIELD BCORP MHC, based in Wakefield, MA, as the top holding company for The Savings Bank. The FDIC shows no other active insured banks under the same holding company.
Similar-size banks in Massachusetts
Active FDIC-insured banks headquartered in Massachusetts with total assets closest to The Savings Bank's $891M. See all banks in Massachusetts.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Adams Community Bank | Adams | $1.0B | 10 |
| Coastal Heritage Bank | Weymouth | $984M | 10 |
| Winchester Co-operative Bank | Winchester | $947M | 2 |
| StonehamBank, A Co-operative Bank | Stoneham | $918M | 2 |
| Greenfield Co-operative Bank | Greenfield | $902M | 10 |
| Mechanics Cooperative Bank | Taunton | $899M | 10 |
| Rollstone Bank & Trust | Fitchburg | $816M | 8 |
| Monson Savings Bank | Monson | $806M | 6 |
The Savings Bank: common questions
Is The Savings Bank FDIC-insured?
Yes. The Savings Bank is an active FDIC-insured institution, FDIC Certificate #90291. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is The Savings Bank headquartered?
The Savings Bank is headquartered at 357 Main St, Wakefield, MA 01880, according to FDIC records.
How many branches does The Savings Bank have?
FDIC location data lists 8 offices for The Savings Bank, all in Massachusetts.
Who owns The Savings Bank?
The FDIC lists WAKEFIELD BCORP MHC of Wakefield, MA as the top holding company for The Savings Bank.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.