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Institution for Savings

Banking · United States

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About Institution for Savings

Building Stronger Communities Together Since 1820

Industry
Banking
Company size
51-200 employees
Headquarters
Newburyport, MA
Founded
1820
Company type
Privately Held

Today, the Institution for Savings is widely recognized as one of the oldest and most stable mutual banks in the country, with assets totaling over approximately $5 billion. It is also the largest mutual savings bank in the Greater Newburyport region and the second largest on the North Shore. In recent years, the Institution for Savings has made significant strides to expand its market. In 2006, it opened its first ever full-service banking office outside of Newburyport, in the heart of Salisbury Square. The Bank currently has 13 full-service locations in Salisbury, Amesbury, Newburyport (2), Rowley, Ipswich, Topsfield, Hamilton, Middleton, Beverly, Salem, Gloucester and Rockport.

The bank's strong and well-deserved reputation as a community-minded bank is due in large part to its Employees, Officers and Trustees who are active in their respective communities. It has been named a Boston Globe TOP PLACE TO WORK for 10 consecutive years and three times as the #1 Employer. The Institution for Savings offers a full menu of personal and commercial financial products and services for individuals, businesses and organizations, including deposit accounts, lending services, Internet/Mobile Banking and Bill Pay, and retirement accounts. Member FDIC. Member DIF. We are an Equal Housing Lender.

Specialties

  • Residential mortgages
  • Commercial Mortgages
  • Personal deposit products and services
  • Business deposit products and services
  • financial education
  • commercial loans
  • and first-time homebuyer programs

Company locations

  • 93 State Street, Newburyport, MA 01950, US

  • 2 Depot Square, Ipswich, MA 01938, US

  • 68 Storey Avenue, Newburyport, MA 01950, US

  • 7 Bridge Road, Salisbury, MA 01952, US

  • 312 Haverhill Street, Rowley, MA 01969, US

  • 4 Colon Street, Beverly, MA 01915, US

  • 4 Parker Street, Gloucester, MA 01930, US

  • 545 Bay Road, Hamilton, MA 01936, US

  • 2 Depot Square, Ipswich, 01938 01938, US

  • 161 South Main Street, Middleton, MA 01949, US

  • 81 State Street, Newburyport, MA 01950, US

  • 37 King Street, Rockport, MA 01966, US

  • 5 Main Street, Topsfield, MA 01983, US

Locations listed on the company profile. These may include offices outside the United States, and not every location is hiring.

Business areas

  • Financial Services
  • Venture Capital

On LinkedIn

Followers
1,921
People linked to this company
145

People who list this company on LinkedIn, not a verified employee count. Figures reflect the saved company profile.

Employer category

Other employer

Estimated from the company profile. This category has not been confirmed by the employer.