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Important news regarding People's United and Belmont Savings Bank Merger. Click here to learn more.

Full-Service Community Bank

Belmont Savings Bank is a full-service community bank dedicated to customer satisfaction and service quality. We have multiple branches and ATM locations in Massachusetts  including Belmont, Cambridge, Newton, Watertown, and Waltham. The mission of Belmont Savings Bank is to create the most admired community bank to grow in a prudent and profitable way. We will achieve this through an unwavering commitment to highly satisfied customers, engaged colleagues and the advancement of our community. Learn how we are committed to serving our communities.

Meet our President, Bob Mahoney.

Bob Mahoney - CEO of Belmont Savings Bank

Message From The President

We welcome you to our thriving community bank. Belmont Savings Bank is a $2.97 billion, full-service community bank dedicated to quality, convenience, and personalized service. Founded in 1885, the Bank builds on a proud history of financial strength and a tradition of active involvement in the communities we serve. We have a strong capital base and excellent credit quality.

Belmont Savings Bank provides a full range of banking services for individuals and local businesses. Our innovative products range from checking accounts , to mortgages , to a full range of lending products , and much more. You will find our rates for both deposits and loans to be quite attractive.

FDIC deposit insurance covers all deposits up to $250,000. All deposits above the FDIC limit are insured in full by the Depositors Insurance Fund.

You should expect friendly and exceptional service every time you visit any of our branches or meet with our banking officers. We strive to exceed your expectations. Similarly, our online banking capabilities are designed to provide all of the capabilities of the large banks. First-Class service and products from a warm, friendly, community bank – that’s who Belmont Savings is.


We provide a wide range of business banking services tailored to the needs of local businesses. While many of the larger regional banks have continued to consolidate, their service to local businesses has deteriorated. At Belmont Savings, we emphasize the importance of knowing our business customers and providing the business banking products they need to operate efficiently.

Visit us at any one of our six convenient locations and enjoy easy-access, 24-hour ATMs in Belmont, Cambridge, Newton, Waltham, Watertown as well as free access to every ATM worldwide with our PlatinumBlue Checking account .

We cordially invite you to step up to community banking. Find out for yourself how friendly, full-service, personalized banking adds up to a really great value. You’ll find it all at Belmont Savings Bank.

Bob Mahoney
President & CEO


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Online Accounts
Online Accounts
Apply- Mortgage/Equity Loan
Apply- Mortgage/Equity Loan
Business Banking
Business Banking
Fully Insured Deposits
Fully Insured Deposits
Location & Hours
Location & Hours
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