Why Choose the Institution for Savings?


At the Institution for Savings, we are fully invested and committed to the communities we serve. We firmly believe that keeping banking local is the surest way to a brighter, more secure future for our customers, our communities and our employees.

Here are 10 compelling reasons to choose us.


We’re Strong and Stable and Will Never Change Our Name.

Clock Tower Picture
Simply put, we are one of the strongest banks in the country.
We are well capitalized, profitable and have endured many
challenges, always emerging stronger than ever. We were 
incorporated in 1820 as a mutual Bank and we have no
stockholders which allows us to answer only to our customers.



We Help Grow the Local Economy.

As a local institution, we invest in area businesses and individuals,
and we employ people who live in the communities we serve.


Decisions are Made Right Here at Home.

Map of Communities We Serve

   When you choose us you are choosing an institution
   where decisions are made by people you know and
   trust, right in your own backyard. There is no waiting 
   for answers from across the region or country.




We Have Everything You Need in a Bank.

Whether it is for you personally or for your business, we offer a full menu
of simple yet convenient products: savings, checking, money market, CDs,
IRAs, mortgages and more. In addition, we make it easy to access your
accounts 24/7 with free Internet Banking, Bill Pay, Mobile Banking, 
Mobile Deposit and E-Statements!


We Give Back to Our Communities in a Big Way.

As a mutual savings bank, the Bank has always believed in dedicating
part of its assets toward making our communities better places in which
to live and work. In the last three years we have donated and pledged
more than $3 million to local not-for-profit organizations like the community
hospital, public libraries, local schools, food pantries and so much more. 
We are proud that our contributions, leadership and volunteer efforts help
create strong communities.


We’re A Top Place to Work!

Our employees rarely leave…because we are such a great place to work! We are proud to have been named a Top Place to Work by the Boston Globe for 11 consecutive years and Number One for THREE of those years! Whether you need a loan, a checking account, a mortgage or more, our team of highly skilled, knowledgeable and courteous professionals are here to help you. We give you the personal attention and friendly service that you just do not find with an Internet company or a big national bank.


Our “No-or-Low-Fee” Commitment Beats Most Other Financial Institutions.

At the Institution for Savings you do not pay for a lot of services that other banks routinely would charge you for.


Free Checking with Interest for Students and Seniors.

Who says being young or getting older does not have great benefits? Earn interest with no monthly maintenance fee.


Financial Knowledge is Financial Power!

Photo from the credit for life fair

We believe strongly in financial literacy for everyone. We offer
a number of programs throughout the year to teach various
segments of our communities about the importance of
solid money management skills.



We go Above and Beyond to Help.

Our Trustees, Officers and employees remain committed to our vision to positively affect the lives of every person, business and organization within the communities we serve.

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