Savers Bank is headquartered in Southbridge and is the 66th largest bank in the state of Massachusetts. It is also the 1,320th largest bank in the nation. It was established in 1910 and as of December of 2020, it had grown to 92 employees at 7 locations. Savers Bank has an A health rating.
Overall | |
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FDIC Certificate # | 26455 |
Year Established | 1910 |
Employees | 92 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.61% |
Return on Equity - YTD | 5.64% |
Annual Interest Income | $22.4MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $651.5MM$594.4MM |
Loans | Q4 2020vs Q4 2019 | $481.5MM$472.0MM |
Deposits | Q4 2020vs Q4 2019 | $499.7MM$439.1MM |
Equity Capital | Q4 2020vs Q4 2019 | $69.8MM$65.4MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $4.9MM$4.4MM |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $2.6MM$2.1MM |
Real Estate Owned | Q4 2020vs Q4 2019 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | $10 | - | Statement Savings Account | |
0.10% | $10 | - | School Savings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.30%* | $10k* | - | Premier IRA Money Market Account | ||
OTHER TIERS: 0.15% → $10 - $5k | 0.25% → $5k - $10k | |||||
0.20%* | $100k* | - | Tiered Money Market | ||
OTHER TIERS: 0.15% → $10 - $100k |
Savers Bank Locations | ||
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Savers Co-Operative Bank | 270 Main Street | Southbridge, MA 01550 |
Auburn Branch | 38 Auburn Street | Auburn, MA 01501 |
Sturbridge Branch | 55 Main Street | Sturbridge, MA 01566 |
Uxbridge Branch | 6 North Main Street | Uxbridge, MA 01569 |
Charlton Branch | 35 Trolley Crossing Road | Charlton, MA 01507 |
Grafton Branch | 96 Worcester Street | North Grafton, MA 01536 |