TellerScore

The Savings Bank is a si headquartered in Wakefield, Massachusetts, in business for about 157 years. At the end of Q2 2026 it reported $891.0M in total assets and $766.6M in deposits, with 8 offices.

The Savings Bank has a TellerScore of 62 out of 100 (moderate) based on Q2 2026 data — higher than only 22% of its 2,650 banks with $100 million – $1 billion. Among 92 banks headquartered in Massachusetts, it ranks 54th. Loan quality contributes the most (94/100, 0.17%); earnings contributes the least (38/100, 0.44%).

TellerScore · Q2 2026

Scorecard

Capital cushion44/100
Tier 1 leverage ratio: 9.45%
Loan quality94/100
Noncurrent loans ÷ total loans: 0.17%
Earnings38/100
Return on assets (annualized): 0.44%
Funding & liquidity62/100
Loans ÷ deposits and uninsured-deposit share: 83.6% · 28.2% uninsured
Problem-loan coverage82/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 8.87%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 17 points (45 → 62), mostly because the loan quality component improved by 54 points.

TellerScore
405162Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterTellerScore
Q2 202444
Q3 202444
Q4 202440
Q1 202543
Q2 202545
Q3 202562
Q4 202561
Q1 202660
Q2 202662
Tier 1 leverage ratio
5.00%7.48%9.95%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 20249.74%
Q3 20249.95%
Q4 20249.55%
Q1 20259.73%
Q2 20259.67%
Q3 20259.78%
Q4 20259.67%
Q1 20269.60%
Q2 20269.45%
Noncurrent loans
0.15%1.26%2.38%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20241.94%
Q3 20242.17%
Q4 20242.38%
Q1 20252.17%
Q2 20251.79%
Q3 20250.15%
Q4 20250.15%
Q1 20260.22%
Q2 20260.17%
Return on assets
-0.01%0.21%0.44%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.02%
Q3 20240.20%
Q4 20240.04%
Q1 20250.14%
Q2 2025-0.01%
Q3 20250.17%
Q4 20250.17%
Q1 20260.12%
Q2 20260.44%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202662$891.0M9.45%0.17%0.44%83.6%
Q1 202660$864.0M9.60%0.22%0.12%80.8%
Q4 202561$873.4M9.67%0.15%0.17%81.1%
Q3 202562$848.8M9.78%0.15%0.17%82.1%
Q2 202545$836.5M9.67%1.79%-0.01%82.5%
Q1 202543$833.2M9.73%2.17%0.14%82.2%
Q4 202440$826.8M9.55%2.38%0.04%82.4%
Q3 202444$834.3M9.95%2.17%0.20%85.1%
Q2 202444$812.1M9.74%1.94%0.02%82.4%

2,650 peers · $100 million – $1 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio9.45%
20th
Total risk-based capital0.00%
24th
Problem loans0.17%
67th
Net charge-offs0.00%
57th
Return on assets0.44%
11th
Net interest margin2.64%
4th
Efficiency ratio94.4%
3rd
Loans to deposits83.6%
41st
Uninsured deposits28.2%
34th
Loan-loss reserves0.76%
10th
Texas ratio8.9%
21st

Similar-size banks in Massachusetts

InstitutionScoreAssetsCapitalProblem loansCompare
Mechanics Cooperative BankBank Taunton, MA77 out of 100, Strong$898.8M12.4%0.03%vs
Greenfield Co-operative BankBank Greenfield, MA71 out of 100, Strong$901.8M12.5%0.72%vs
StonehamBank, A Co-operative BankBank Stoneham, MA60 out of 100, Moderate$918.3M8.9%0.32%vs
Winchester Co-operative BankBank Winchester, MA69 out of 100, Moderate$946.9M11.8%0.43%vs
Rollstone Bank & TrustBank Fitchburg, MA62 out of 100, Moderate$816.3M10.1%0.20%vs
Monson Savings BankBank Monson, MA66 out of 100, Moderate$806.3M9.5%0.23%vs

Deposit insurance

Is my money safe at The Savings Bank?

Yes. The Savings Bank is an FDIC-insured institution (FDIC certificate #90291). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 28.2% of deposits ($216.4M) are above the $250,000 FDIC insurance limit, above the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 9.45%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).

Check how much of your own balance is covered

8 locations

Branches

The Savings Bank lists 8 offices in 5 cities. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, The Savings Bank reported 183 home-loan applications under HMDA (LEI 5493006Q43B8FBFUVL12): 146 originated ($67,170,000 total), 8 denied, and 26 withdrawn or closed by the applicant. Its denial rate on decided applications was 5.1%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
The Savings Bank
Former names
Wakefield Savings Bank
Type
SI
FDIC certificate #
90291
RSSD ID
711801
Primary regulator
FDIC
Holding company
Wakefield Bcorp Mhc
Established
May 26, 1869
Headquarters
357 Main St, Wakefield, MA 01880
Employees
109

Quick answers

The Savings Bank: common questions

Is The Savings Bank FDIC insured?

Yes. The Savings Bank is an FDIC-insured institution (FDIC certificate #90291). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is The Savings Bank's TellerScore?

62 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has The Savings Bank ever failed?

There is no failure record for FDIC certificate #90291 in the FDIC failed bank list.

How many branches does The Savings Bank have?

8 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Wakefield

InstitutionScoreAssetsCapitalProblem loansCompare
Cambridge Municipal Employees Federal Credit UnionCredit union Cambridge, MA97 out of 100, Very strong$10.2M24.8%0.12%vs
Alpha Credit UnionCredit union Boston, MA97 out of 100, Very strong$35.1M18.8%0.14%vs
Somerville Mass Firefighters Federal Credit UnionCredit union Somerville, MA92 out of 100, Very strong$7.4M19.6%0.00%vs
Cambridge Firefighters Federal Credit UnionCredit union Cambridge, MA92 out of 100, Very strong$14.2M25.8%0.27%vs
Danvers Municipal Federal Credit UnionCredit union Danvers, MA91 out of 100, Very strong$8.2M39.0%0.00%vs
Billerica Municipal Employees Credit UnionCredit union Billerica, MA91 out of 100, Very strong$23.6M17.8%0.00%vs