The Savings Bank
Wakefield, MA · Owner: Wakefield Bcorp MHC
$891M
total assets, June 30, 2026
$891M
total assets, June 30, 2026
The Savings Bank is a state savings bank based in Wakefield, MA, owned by Wakefield Bcorp MHC. As of June 30, 2026 it held $891.0 million in assets and $766.6 million in deposits; assets were up 6.5% from a year before. It has 9 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$891M
+6.5% in a year · +3.1% in a quarter
Deposits
$767M
+5.2% in a year · +1.2% in a quarter
Loans
$646M
+6.0% in a year · +4.7% in a quarter
Profit so far
$1.9M
Jan 1 to Jun 30, 2026
Capital ratio
9.45%
-0.22 pts in a year
Return on assets
0.44%
+0.45 pts in a year
Facts
- Type
- State savings bank
- Head office
- 357 Main St, Wakefield, MA, 01880
- County
- Middlesex
- Holding company
- Wakefield Bcorp MHC
- Established
- May 26, 1869
- Employees
- 109
- Branches
- 9
- Website
- www.tsbdirect.bank
- Id
- b90291
Quarter by quarter
September 30, 1985 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
9 offices as of June 30, 2026, holding $766.6 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Massachusetts | 9 | $767M | 100.0% |
| Largest branches | Place | Deposits |
|---|---|---|
| The Savings Bank (main office) | Wakefield, MA | $368M |
| Lakeside Branch | Wakefield, MA | $120M |
| Main Street Branch | Wakefield, MA | $82.9M |
| Andover Branch | Andover, MA | $59.0M |
| Colonial Shopping Center Branch | Lynnfield, MA | $39.1M |
| Methuen Branch | Methuen, MA | $35.8M |
| South Lynnfield Branch | Lynnfield, MA | $34.1M |
| North Reading Branch | North Reading, MA | $22.7M |
| High School Branch (Seasonal) | Wakefield, MA | $4.2M |
Related pages
Questions and answers
How big is The Savings Bank?
$891.0 million in total assets and $766.6 million in deposits as of June 30, 2026, with assets up 6.5% from a year before. Its loans were $645.6 million.
How many branches does The Savings Bank have?
9 branches in Massachusetts as of June 30, 2026.
Is The Savings Bank profitable?
Yes: it earned $1.92 million from January 1 to June 30, 2026. Its return on assets was 0.44% a year; about 1% is typical.
Who owns The Savings Bank?
The Savings Bank is owned by Wakefield Bcorp MHC, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.