Our History

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For over 120 years, we've been serving you.

In 1892, Washington Savings Bank made its first home in Lowell, MA. With the growing success of the Bank, a Dracut branch was added in 1997 to help us better serve the Greater Lowell community.

Now, as the community continues to grow and consumers search for more banking options, Washington Savings Bank strives to meet those needs with the community banking perspective our customers have grown to love and innovative products and services that can only be found at Washington Savings Bank.

Each conveniently located branch is serviced by friendly, knowledgeable staff and has the modern conveniences our customers have come to expect—like 24 hour ATM machines, telephone banking, and an Internet presence. Every branch is open until 3 PM on Saturdays to work with customer's busy lives—the only local bank that can make such a claim.

Our product line is extensive and offers a number of checking, savings, and loan products to individuals of all ages. As a member of the SUM® ATM Network and Allpoint® Network, our customers can use their debit card surcharge-free at over 50,000 locations nationwide. Cash Rewards Checking, exclusively available at Washington Savings Bank, pays you up to 20¢ for every debit card purchase! Let us help you save money with a Christmas Club account, a Vacation Club, a certificate of deposit, or traditional savings account. Qualified applicants can also take advantage of our auto and personal loans, as well as mortgage and home equity products.

Business customers can expect the products they need and the exceptional service they deserve. With working lines of credit, term loans, and commercial mortgages to grow your business combined with business deposit products, designed to save you more money than at any other bank, Washington Savings Bank is the easy choice for the small business owner.

Most importantly, we value our commitment to local decision-making—not a corporate facility far from Greater Lowell. Combine it all with friendly customer service and two convenient locations, and you'll find that Washington Savings Bank is more than a mutual savings bank; it's your mutual-banking partner that gives you more.