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Student Accounts

At The Savings Bank, we believe the key to a secure financial future starts with financial education.

Accounts and education for local children and teenagers.

Student Accounts

Account for Young Children

The C.L.U.B. for Young Savers is a fun way to save while teaching your kids about banking right from the start. If your child can write his/her name, then they can open a C.L.U.B.(Children Learning to Understand Banking) account. Not only that, they’ll receive a passbook, a quarter saver, a pencil, an ID card, and a deposit envelope.

The CLUB for Young Savers

Accounts for Students

Our Kasasa Cash Back Checking account – a free checking account that gives cash back on everyday debit card purchases plus refunds on ATM fees, nationwide – is a great choice for young adults age 16 and older, and parents.

1st Educational Savings Branch Opened in 1981, The Saving Bank’s 1st Educational Savings Bank at Wakefield High School is a student-operated and student-run banking office. News item: 1st Educational Savings Branch celebrates 40th anniversary

Deposit Insurance

Each depositor is insured by the FDIC to at least $250,000. All deposits above the FDIC insurance amount are insured by the Depositors Insurance Fund (DIF). Click for information about Deposit Insurance.

From our customers
“I stay with TSB because I know if I have an issue, I can reach out to an actual person and get help. It is what separates TSB from the big banks.”

From our customers
“Love everything!”

From our customers
“I have been banking with TSB for many years and I am very satisfied with them. Why wouldn’t you want to come and bank there?”

From our customers
“Love the employees at the North Reading Office. They are so friendly and helpful.  The teller and the customer service representative are the BEST!!”

From our customers
“The staff in the Methuen office could not be kinder.”

From our customers
Friendly, helpful, and pleasant tellers in the Greenwood, Wakefield branch!

From our customers
“I feel you excel in all areas but I am very appreciative of the kindness with which I have been treated all these years, by everyone at the TSB, whether in person or on the phone.”

From our customers
“Just great!”

From our customers
“I’ve used TSB for approximately 40 years. They have always been helpful and kind. Never had an issue. Love banking with TSB and all of the wonderful employees.”

From our customers
“Love the personal connections with the bank personnel.”

From our customers
“The people I encounter at Lakeside and Main Street are always helpful and friendly. I enjoy that they actually care about me even though I am not one of your bigger clients.”

From our customers
“Your staff is the best.”

From our customers
“I feel you excel in all areas but I am very appreciative of the kindness with which I have been treated all these years, by everyone at the TSB, whether in person or on the phone.”

From our customers
“I like the real hometown feel you get with The Savings Bank. Staff at ALL branches are wonderful, making the personal interaction very pleasant.  I have been banking with you since 1978 and have never had even one issue.”

From our customers
“I have been banking here for a number of years. I love this bank! Customer service is awesome. Anytime I had a problem it was resolved professionally.”

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.

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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.