As an individual or business owner, it is essential to have a reliable financial partner that can help you manage your finances and achieve your goals. Bridgewater Savings Bank is a community bank that has been serving the financial needs of individuals and businesses in Massachusetts since 1872.
About Bridgewater Savings Bank
Bridgewater Savings Bank was established in 1872 as a mutual savings bank by a group of local businessmen who recognized the need for a local financial institution that could provide affordable banking services to the community. Today, Bridgewater Savings Bank is a full-service community bank that offers a wide range of personal and business banking products and services, including checking accounts, savings accounts, loans, mortgages, and investment services.
Personal Banking Services
Bridgewater Savings Bank provides personal banking services that are tailored to meet the needs of its customers. Whether you need a checking account for daily transactions or a savings account for long-term goals like buying a house or saving for retirement, Bridgewater Savings Bank has you covered.
Checking Accounts
Bridgewater Savings Bank’s personal checking accounts offer convenient access to your money with features like online banking, mobile banking, online bill pay, eStatements, and more. You can choose from different types of checking accounts based on your needs:
- Free Checking: No monthly service fee and no minimum balance requirement.
- Interest Checking: Earn interest on your balances with competitive rates.
- Advantage Checking: Offers premium benefits like free checks, ID theft protection, cell phone protection insurance, and more.
Savings Accounts
Bridgewater Savings Bank’s personal savings accounts are designed to help you save money for short-term or long-term goals. With competitive interest rates and low fees, these accounts make it easy to save money while earning interest:
- Statement Savings: The perfect account for savers who want to earn interest on their balances without a high minimum balance requirement.
- Money Market Savings: A higher yield savings account with tiered interest rates that rewards you for maintaining a higher balance.
- Certificate of Deposit (CDs): A safe and secure way to earn a fixed rate of return on your money with terms ranging from 3 months to 5 years.
Online and Mobile Banking
Bridgewater Savings Bank’s online and mobile banking services allow you to bank from anywhere, anytime. You can access your accounts, check balances, transfer funds, pay bills, deposit checks, and more using your computer or mobile device. Plus, it’s easy to enroll and use these services.
Business Banking Services
Bridgewater Savings Bank provides a range of business banking products and services designed to help businesses manage their finances effectively. Whether you need a checking account for day-to-day transactions or a loan to finance your business growth, Bridgewater Savings Bank has the solution for you.
Checking Accounts
Bridgewater Savings Bank’s business checking accounts offer flexibility, convenience, and security with features like online banking, mobile banking, bill pay, eStatements, and remote deposit capture. You can choose from different types of checking accounts based on your needs:
- Basic Business Checking: Ideal for small businesses with low transaction volumes.
- Business Advantage Checking: Offers premium benefits like higher transaction limits, free checks, ID theft protection, cell phone protection insurance, and more.
- Non-Profit Checking: Designed specifically for non-profit organizations with low monthly service fees.
Loans
Bridgewater Savings Bank offers a variety of loan options designed to help businesses achieve their financial goals. Whether you need a commercial real estate loan to purchase new property or an equipment loan to upgrade your machinery or equipment fleet – they have got you covered:
- Commercial Real Estate Loans
- Equipment Loans
- Lines of Credit
- Small Business Administration (SBA) Loans
- Agricultural Loans
Cash Management Services
Bridgewater Savings Bank’s cash management services offer businesses the tools they need to manage their cash flow effectively. With features like ACH origination, wire transfer, remote deposit capture, and merchant services – you can manage your cash with ease.
Investment Services
Bridgewater Savings Bank’s investment services are designed to help individuals plan for their financial future. Their team of experienced financial advisors provides a range of investment products and services, including retirement planning, college planning, estate planning, and more.
Community Involvement
Bridgewater Savings Bank is committed to giving back to the community that it serves. They have donated over $1 million to local organizations and events in the past five years alone through their Charitable Foundation. Their employees also volunteer their time and resources to support local non-profit organizations and causes.
Conclusion
Bridgewater Savings Bank is a trusted partner for individuals, businesses, and communities in Massachusetts. With a wide range of personal and business banking products and services, investment services, and commitment to community involvement – they provide banking solutions that are tailored to meet your specific needs. Contact them today to learn more about how they can help you achieve your financial goals.
FAQs
How long has Bridgewater Savings Bank been in business?
Bridgewater Savings Bank has been serving customers for over 150 years, starting in 1872.
What sets Bridgewater Savings Bank apart from other banks?
Bridgewater Savings Bank places a high value on community involvement and personalized customer service, making them a trusted partner in financial management.
How can I open an account at Bridgewater Savings Bank?
Opening an account at Bridgewater Savings Bank is easy, simply visit one of our branches or apply online with your personal information to get started.
Does Bridgewater Savings Bank offer mobile banking options?
Yes! We offer mobile banking options so that you can manage your finances from anywhere at any time.
What types of loans does Bridgewater Savings Bank offer?
We offer a variety of loan types including mortgages, home equity loans, auto loans, and personal loans that are specially designed to fit your unique financial needs.
Can I set up automatic payments through my account at Bridgewater Savings Bank?
Yes, we offer automatic payment options to make managing bills and payments stress-free and simple!
Are there any fees associated with my account at Bridgewater Savings Bank?
Our fee structure is competitive and transparent, ensuring no hidden fees or surprises on your statement. Speak with a representative for more information about our fee schedule.
Is my money insured at Bridgewater Savings Bank?
Yes, your deposits are insured by the FDIC up to $250,000 per depositor, providing peace of mind knowing that your funds are safe with us.
How can I apply for a credit card with Bridgewater Savings Bank?
Visit one of our branches or apply online through our website to apply for a credit card that fits your spending habits and financial goals!
Does Bridgewater Savings Bank offer investment services?
Yes, we offer investment services with our trusted advisors to help you reach your financial goals and plan for the future. Speak with a representative to learn more about our investment options.
