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BankSonar

The Savings Bank

Wakefield, MA · Insured depository institution

39

Sonar Score

Caution

out of 100 · from public FDIC data

Reported March 31, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.

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Key figures

Total assets
$864M
Total deposits
$757.5M
Branches
9
Return on assets
0.12%
Return on equity
1.31%
Charter type
Insured depository institution
Established
1869
FDIC cert #
90291

How the 39 breaks down

Capital adequacyweight 40%

Capital ratio not reported.

Profitability (ROA)weight 30%

Thin profitability.

Return on equityweight 15%

Positive but moderate equity returns.

Scale & stabilityweight 15%

Community-scale institution.

Read the full Sonar Score methodology →

Your deposits at The Savings Bank

The Savings Bank is an FDIC-insured institution (Cert #90291). Deposits are insured up to $250,000 per depositor, per ownership category, by the full faith and credit of the US government. Learn how to maximize your coverage →

9 branch locations

357 Main St

Wakefield, MA 01880

907 Main St

Wakefield, MA 01880

584 Main St

Lynnfield, MA 01940

599 North Ave

Wakefield, MA 01880

60 Farm St

Wakefield, MA 01880

84 Main St

Andover, MA 01810

1105 Summer St

Lynnfield, MA 01940

17 Burnham Rd

Methuen, MA 01844

6 Washington St

North Reading, MA 01864

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Earning enough on your savings?

Many big-bank savings accounts pay near 0%. Compare today's top high-yield savings and CD rates from FDIC-insured banks before you decide where to keep your cash.

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