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  2. Savers Bank

Savers Bank


Overview / Commentary
www.saversbank.com
508-764-4329
270 Main St.
Southbridge, MA 01550

Savers Bank is headquartered in Southbridge and is the 63rd largest bank in the state of Massachusetts. It is also the 1,363rd largest bank in the nation. It was established in 1910 and as of June of 2022, it had grown to 84 employees at 7 locations. Savers Bank has an A health rating.

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Health
A

Data as of Q2 2022

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Health Grade Components

Overall
FDIC Certificate #26455
Year Established1910
Employees84
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.55%
Return on Equity - YTD5.3%
Annual Interest Income$10.7MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$666.4MM$663.9MM
LoansQ2 2022vs Q2 2021$487.0MM$467.9MM
DepositsQ2 2022vs Q2 2021$554.3MM$516.8MM
Equity CapitalQ2 2022vs Q2 2021$67.4MM$71.3MM
Loan Loss AllowanceQ2 2022vs Q2 2021$5.2MM$5.1MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$2.4MM$2.4MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates

Rates for Savers Bank are currently being reviewed.

Locations


Savers Bank Locations
Savers Co-Operative Bank270 Main StSouthbridge, MA 01550
Auburn Branch38 Auburn StreetAuburn, MA 01501
Sturbridge Branch55 Main StreetSturbridge, MA 01566
Uxbridge Branch6 North Main StreetUxbridge, MA 01569
Charlton Branch35 Trolley Crossing RoadCharlton, MA 01507
Grafton Branch96 Worcester StreetNorth Grafton, MA 01536

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