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Savings Bank Wakefield, MA Rates & Review April 2026

Savings Bank Wakefield, MA's 4-Month Certificate of Deposit Special rates are at 4.00%. Savings Bank Wakefield, MA's savings rates are at 0.03%. Savings Bank Wakefield, MA's money market rates are at 0.01%. Savings Bank Wakefield, MA's 15-Year Fixed rates are at 5.38%, 10-Year Fixed rates are at 5.50%, 20-Year Fixed rates are at 5.88%, 30 Year Fixed rates are at 5.99%, 30-Year Fixed rates are at 5.75%. Savings Bank Wakefield, MA's Personal Loan Rates are at 14.00%. MonitorBankRates evaluates the financial stability of Savings Bank Wakefield, MA with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 2.32%. Rates were last updated on 04/23/2026.

Savings Bank Wakefield, MA money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Savings Bank Wakefield, MA? Share your experience about Savings Bank Wakefield, MA by leaving a review below, or read customer reviews before you decide to use Savings Bank Wakefield, MA.

Overall Health & Safety Grade ?
A+
Exceptional Health Score: 99/100
MonitorBankRates Rating ?
5.0
Exceptional Out of 5.0 Stars
Texas Ratio ?
2.32%
Excellent Lower than avg
Savings Bank Wakefield, MA
357 Main St
Wakefield, MA 01880
https://www.tsbawake24.com
Member FDIC

Savings Bank Wakefield, MA CD Rates

Product Rate APY Term View More
4 Month Certificate of Deposit Special - 4.00% 4 Month
Details Earn Up To
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%

Savings Bank Wakefield, MA Savings Rates

Product Rate APY View More
Companion Savings Account - 3.00%
Min Deposit $10
Details Minimum opening deposit: $10.00. No interest is accrued on any day that the balance is less than $10.00. Service fees may reduce earnings on the account.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
Statement Savings - 0.08%
Min Deposit $10
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
Holiday Club - 0.03%
Min Balance $0
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
Passbook Savings - 0.03%
Min Deposit $10
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
The C.L.U.B. For Young Savers - 0.03%
Min Balance $0
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%

Savings Bank Wakefield, MA Money Market Rates

Product Rate APY View More
Consumer Money Market - 1.00%
Min Balance $1
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
Consumer Money Market - 0.75%
Min Balance $250,000
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
Consumer Money Market - 0.30%
Min Balance $100,000
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
Consumer Money Market - 0.15%
Min Balance $50,000
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
Consumer Money Market - 0.10%
Min Balance $25,000
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
Consumer Money Market - 0.05%
Min Balance $10,000
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
Consumer Money Market - 0.03%
Min Balance $2,500
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
Consumer Money Market - 0.01%
Min Balance $10
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%

Savings Bank Wakefield, MA Checking Rates

Product Rate APY View More
Wealth Checking - 0.50%
Min Balance $5,000
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
Premium Checking - 0.10%
Min Balance $100,000
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
Premium Checking - 0.08%
Min Balance $25,000
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
Interest Checking - 0.05%
Min Balance $10,000
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
Premium Checking - 0.05%
Min Balance $2,500
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
Wealth Checking - 0.05%
Min Balance $10
Details Minimum opening deposit: $50.00. No interest is accrued on any day that the balance is less than $10.00. Service fees may reduce earnings on the account.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
Interest Checking - 0.03%
Min Balance $10
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
Premium Checking - 0.03%
Min Balance $10
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
TSB 365 Checking - 0.02%
Min Balance $10
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%

Savings Bank Wakefield, MA Mortgage Rates

Product Rate Points APR Term View More
15-Year Fixed 5.38% 1.000 5.68% 15 Years
No additional details.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
10-Year Fixed 5.50% 0.000 5.72% 10 Years
No additional details.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
20-Year Fixed 5.88% 0.000 6.00% 20 Years
No additional details.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
30 Year Fixed 5.99% 0.000 6.03% 30 Year
No additional details.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
30-Year Fixed 5.75% 2.000 6.03% 30 Years
No additional details.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
7/3 ARM 5.63% 0.000 6.09% Years 1-7
No additional details.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
10/1 ARM Preferred2 5.75% 0 6.10% 30 Years
No additional details.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
30-Year Fixed Jumbo 6.13% 0.000 6.14% 30 Years
No additional details.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
7/3 ARM Preferred2 5.63% 0 6.15% 30 Years
No additional details.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
5/5 ARM Preferred2 5.50% 0 6.28% 30 Years
No additional details.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
7/3 ARM 6.13% 1 6.37% 30 Years
No additional details.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
7/3 ARM 6.13% 0 6.40% 30 Years
No additional details.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
10/1 ARM 6.25% 1 6.43% 30 Years
No additional details.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
10/1 ARM 6.25% 0 6.43% 30 Years
No additional details.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
5/5 ARM 6.00% 1 6.43% 30 Years
No additional details.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
5/5 ARM 6.00% 0 6.47% 30 Years
No additional details.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
10/1 ARM 6.75% 1 6.92% 30 Years
No additional details.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
7/3 ARM 6.63% 1 6.92% 30 Years
No additional details.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
10/1 ARM Jumbo 6.75% 0 6.93% 30 Years
No additional details.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
7/3 ARM Jumbo 6.63% 0 6.94% 30 Years
No additional details.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
5/5 ARM 6.50% 1 6.98% 30 Years
No additional details.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%
5/5 ARM Jumbo 6.50% 0 7.03% 30 Years
No additional details.
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%

Savings Bank Wakefield, MA Personal Loan Rates

Product Rate APR View More
Unsecured Personal Loan - 14.00%
Details Max Loan Amt: $5,000; Monthly Payments per $1,000 borrowed: $27.33
Last Updated 04/23/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.32%

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Savings Bank Wakefield, MA is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Savings Bank Wakefield, MA rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Savings Bank Wakefield, MA's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Savings Bank Wakefield, MA
Bank Holding Company WAKEFIELD BCORP MHC
Address 357 Main St, Wakefield, MA 01880  ·  Middlesex
FDIC Certificate # 90291
Established 05/26/1869
FDIC Insurance Date 08/05/1985
Domestic Offices 9
Total Branches 9
Regulator FDIC
FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A+
Overall Health Grade Score: 99/100
5.0
Exceptional Out of 5.0 Stars
2.32%
Texas Ratio Nat'l avg: 5.85%
Return on Assets (ROA) 0.0331%
Return on Equity (ROE) 0.3400%
Non-Performing Loans (NPL) 0.19%
Total Assets $873,372,000
Total Deposits $766,352,000
Equity Capital $82,105,000
Net Income $1,398,000
Headquarters Wakefield
Total Offices 9
Source: FDIC  |  Last Updated 12/31/2025

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Frequently Asked Questions About Savings Bank Wakefield, MA

Is Savings Bank Wakefield, MA a safe place to deposit money?

Yes, Savings Bank Wakefield, MA is considered a safe financial institution. With a Texas Ratio of 2.3249272141662%, the institution's financial health is rated as excellent. Your accounts are federally insured by the FDIC (Federal Deposit Insurance Corporation) up to $250,000 per depositor, for each account ownership category.

How many branches does Savings Bank Wakefield, MA operate?

Savings Bank Wakefield, MA currently maintains approximately 9 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Savings Bank Wakefield, MA does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Savings Bank Wakefield, MA provides members with tools to manage their accounts and build a solid financial history.

Does Savings Bank Wakefield, MA offer online and mobile banking?

Most modern institutions like Savings Bank Wakefield, MA provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.tsbawake24.com.

Current Savings Bank Wakefield, MA Rates

  • Savings0.03%
  • MMA0.01%
Retrieved from our database of financial products. Rates subject to change.