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Dedham Savings


Overview / Commentary
www.dedhamsavings.com
781-329-6700
55 Elm Street
Dedham, MA 02026

Dedham Savings is headquartered in Dedham and is the 30th largest bank in the state of Massachusetts. It is also the 577th largest bank in the nation. It was established in 1831 and as of June of 2020, it had grown to 220 employees at 14 locations. Dedham Savings' savings rates are 10X the national average, and it boasts an A+ health rating.

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Reviews (1)

Pretty Good

Posted by: |

I opened an account at a branch, and it was very easy. Getting the ATM card took about two weeks, so a bit on the long side. But website & online bill pay is very easy to set up and use.

Best of all, I'll be done with my big bank soon.

Ah...freedom!

2


Health
A+

Data as of Q2 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #23620
Year Established1831
Employees220
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.58%
Return on Equity - YTD5.01%
Annual Interest Income$29.8MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$1.68B$1.53B
LoansQ2 2020vs Q2 2019$1.28B$1.15B
DepositsQ2 2020vs Q2 2019$1.35B$1.23B
Equity CapitalQ2 2020vs Q2 2019$189.9MM$179.7MM
Loan Loss AllowanceQ2 2020vs Q2 2019$8.9MM$7.6MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$2.5MM$2.7MM
Real Estate OwnedQ2 2020vs Q2 2019$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Dedham Savings; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Dedham Savings Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%*$10$1kStart Up Savings- New money
OTHER TIERS: 0.05% → $1k+
0.05%$10-Statement Savings
0.05%$10-Passbook Savings

Dedham Savings Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%*$10k*$2mPreferred Money Market - New Money
OTHER TIERS: 0.05% → $10 - $10k
0.15%*$50k*-Business Money Market
OTHER TIERS: 0.05% → $10 - $25k | 0.10% → $25k - $50k
0.05%$10-Money Market

Dedham Savings Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%*$10$10kInterest Reward Checking
OTHER TIERS: 0.05% → $10k+
0.05%--Check Rewards Cheking

Dedham Savings CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.65%$1k-36 Month CD
0.65%$1k-48 Month CD
0.65%$1k-60 Month CD
0.60%$1k-24 Month CD
0.60%$1k-30 Month CD
0.55%$1k-18 Month CD
0.50%$1k-7 Month CD Special
0.40%$1k-12 Month CD
0.30%$1k-182 Day CD
0.25%$1k-91 Day CD

Dedham Savings IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.65%$100-36 Month IRA
0.65%$100-48 Month IRA
0.65%$100-60 Month IRA
0.60%$100-24 Month IRA
0.60%$100-30 Month IRA
0.55%$100-18 Month IRA
0.50%$100-7 Month IRA Special
0.40%$100-12 Month IRA
0.30%$100-182 Day IRA
0.25%$100-91 Day IRA
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.