Current Rates


Our Team


Our Offices

News & Updates

The Savings Bank Sponsors Grand March on May 29th     

The Savings Bank will sponsor the traditional grand march before the Wakefield Memorial High School Class of 2024 senior prom on Wednesday, May 29th. The grand march will begin at 5:00 p.m. on Wakefield’s Veterans’ Memorial Common. The Savings Bank has sponsored the event before the prom since 1998.

As the sponsor, The Savings Bank provides a disc jockey that plays background music and makes related announcements before and during the procession through the upper Common. The Bank also decorates the Common with balloons and provides signage and safety personnel for the event.

Residents and businesses are reminded that the grand march will require the temporary closing of Church Street from Common Street to Main Street beginning at 4:15 p.m.

This year, the students will assemble at the high school between 3:30 p.m. and 4:00 p.m. and arrive at the Common at 4:30 p.m. in buses which will be parked on Church Street between the Veterans’ Memorial Common and the lower commons. When the grand march is completed, the students will go to the buses and proceed north on Main Street to the prom.

All students who attend the prom at Cruiseport Glouchester must participate in the grand march. Additional information about the event has been sent to parents in a mailing from the high school.

Parents and friends are asked to park on adjacent streets in the downtown area. Police officers will be stationed at various locations and intersections. There will be reserved parking on Lake Avenue between Main and Spaulding Streets for those vehicles with disability plates and placards. Residents are reminded that the one-hour parking restriction will be lifted during the event, and that they should not park in areas posted NO PARKING. A letter will also be sent to neighbors in the weeks before the event.

“The annual grand march is always a fun and exciting time for Wakefield Memorial High School seniors, their guests, and their families,” Bob DiBella, President and Chief Executive Officer of The Savings Bank said. “The Savings Bank is proud to be the sponsor of this longtime community tradition.”

Talk to The Savings Bank

To find out how The Savings Bank can help you achieve all your financial goals, visit one of our offices, use our contact form, or call us at 800-246-2009.

You are now leaving The Savings Bank

By accessing the noted link you will be leaving The Savings Bank's website and entering a website hosted by another party. Please be advised that you will no longer be subject to, or under the protection of, the privacy and security policies of The Savings Bank's website. We encourage you to read and evaluate the privacy and security policies of the site you are entering, which may be different than those of The Savings Bank.

You will be redirected to

Click the link above to continue or CANCEL

Don`t copy text!
Mail Theft Advisory
The North Reading Police Department is advising that anyone who utilized the blue, standalone US Postal Service collection box, which is located at the rear of the post office, at 174 Park St., any time after 12 PM on Saturday, June 8, has had their mail stolen. Direct questions as follows: • Specific questions on your account, please contact The Savings Bank at 800-246-2009. • Questions regarding this theft, please contact the North Reading Police Department at 978–664–3131. Read more.