What are the opening hours?

Monday 8:30am - 4pm Tuesday 8:30am - 4pm Wednesday 8:30am - 4pm Thursday 8:30am - 6pm Friday 8:30am - 6pm Saturday 8:30am - 12pm

The Savings Bank

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United States
Wakefield, MA
The Savings Bank

We've been providing local communities with friendly personal service and great banking value since 1869. MEMBER FDIC | MEMBER DIF | Equal Housing Lender

ave no shareholders. We consider ourselves a "community bank" in every sense. The Bank is headquartered in Wakefield (3 offices), with two offices in Lynnfield, and one each in North Reading, Andover, and Methuen. In 1981 we opened the 1st Educational Savings Branch at Wakefield High School - the first student run branch in the Nation. We also offer THE C.L.U.B. (Children Learning to Understand Banking) in grades 1-8 in several local schools. We've been serving local communities and families for over 140 years. TSB employs approximately 140 people in functions ranging from accounting to marketing to lending to investing to insurance and many other areas. The Bank operates two charitable foundations: TSB Charitable Foundation (supporting the poor, the homeless, the elderly, and family services) and the Donald E. Garrant Foundation (supporting financial literacy in public and private schools [K-12] and non-profits).

08/29/2025

Don't miss out on all of the latest TSB news. Follow us on our new page The Savings Bank-TSB.

Member FDIC/Member DIF

08/20/2025

Starting next month, updates, news, and events will be published exclusively on our new page, The Savings Bank-TSB.
Don’t miss out—follow us today.

08/14/2025

Don’t let the clock run out! We’re moving forward with our new business page, and we invite you to be a part of the conversation at The Savings Bank-TSB. Follow us on our new page today!

08/07/2025

We're glad that you are part of our community! We wouldn't want you to miss out--we are moving to a new page The Savings Bank-TSB . Follow or like us for the latest updates.

07/31/2025

The Savings Bank is on the move! Join us on our new page, The Savings Bank-TSB, to receive updates about your TSB team of bankers and news about our work in the community.

05/13/2025

Stop by any branch for a free, limited-edition balsa wood glider from Guillow’s — a community institution since 1926. And while you’re here, ask us how you can earn up to 4.15% APY on your savings! Learn more about our great limited-time rates. https://www.tsbdirect.bank/proudtobelocal/

Member FDIC/Member DIF

04/22/2025

Taking control of your finances will allow you to save and prepare for unexpected expenses. Learn tips from the American Bankers Association Foundation on how to get financially fit: https://aba.social/3w7rBWU

Member FDIC/Member DIF

04/21/2025

An important step to finding a home, whether you’re renting or buying, is ensuring that you have a good credit history. Here are 7 tips from the American Bankers Association Foundation for improving your credit score: https://aba.social/3Jdcmzi

Member FDIC/Member DIF/Equal Housing Lender

04/11/2025

Happy National Pet Day!
Today, we're showing off some of the most loved members of our team—our pets.
If you have a furry (or scaly or feathery) friend of your own, we’d love to see them! Share a photo in the comments section.

Member FDIC/Member DIF

04/08/2025

The key to a good budget is including as much information as you can so that you can adequately prepare and plan. Check out these tips from the American Bankers Association Foundation on how to develop a financial plan: https://aba.social/3t8tlwR

Member FDIC/Member DIF

04/07/2025

Anytime is the right time to begin teaching children about money. Check out these tips from the American Bankers Association Foundation on personal finance for children: https://aba.social/3t97aqo

Member FDIC/Member DIF

04/04/2025

Amy Walsh, Floating Branch Manager, was recently invited to read to kindergarteners at Birch Meadow Elementary School in Reading as part of Reading Rotary Club's initiative for Literacy Month.

Member FDIC/Member DIF

Address

Wakefield, MA

Opening Hours

Monday	8:30am - 4pm
Tuesday	8:30am - 4pm
Wednesday	8:30am - 4pm
Thursday	8:30am - 6pm
Friday	8:30am - 6pm
Saturday	8:30am - 12pm

Telephone

+17812462009

Website

http://www.tsbdirect.bank/

Alerts

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Our Story

In our ever changing financial market, it seems like every week brings another bank merger, another bank name, and another expensive fee structure. The Savings Bank was originally chartered as the Wakefield Savings Bank in May of 1869. The name was changed to The Savings Bank in 1989 to reflect a broader geographic footprint. The Savings Bank is a state-chartered mutual bank, which means that we have no shareholders. We consider ourselves a "community bank" in every sense. The Bank is headquartered in Wakefield (3 offices), with two offices in Lynnfield, and one each in North Reading, Andover, and Methuen. In 1981 we opened the 1st Educational Savings Branch at Wakefield High School - the first student run branch in the Nation. We also offer THE C.L.U.B. (Children Learning to Understand Banking) in grades 1-8 in several local schools. We've been serving local communities and families for over 150 years. TSB employs approximately 140 people in functions ranging from accounting to marketing to lending to investing and many other areas. In addition to traditional bank products and services (i.e. consumer and commercial deposits and loans), TSB offers wealth management and estate planning through First Financial Trust, N.A. The Bank operates two charitable foundations: TSB Charitable Foundation (supporting the poor, the homeless, the elderly, and family services) and the Donald E. Garrant Foundation (supporting financial literacy in public and private schools [K-12] and non-profits). For additional information contact Robert DiBella, President at 781-224-5428 or Raichelle Kallery, Executive Vice President Senior Retail Banking Officer at 781-224-5423, or either at toll-free at 800-246-2009.