Open a free savings account today.
At Savings Bank of Walpole, we think saving money shouldn't be complicated. That's why we make it easier by offering a number of different products including three types of free savings accounts* and eBanking tools that automatically make saving money seamless.
- Regular Savings Account*
Our basic savings account features tiered interest rates and a low minimum balance requirement to avoid service charges.
- Easy Savings Account**
Link your SBW savings account to a Debit MasterCard® and enjoy the convenience of making purchases anywhere MasterCard® is accepted.
- Minor Savings Account
Designed for children 17 and younger, this account features no monthly service charges and no minimum balance requirements.
- eBanking and Mobile Banking
Enroll in online banking and access your savings account at any time. And with the SBW mobile app, banking on the go and making mobile deposits is easy if you can't make it to the bank.
- Automatic Online Banking Transfer between accounts
Make it easy to save with automatic online banking transfer between your checking and saving accounts when they're set up for Internet Banking transfers.
- Health Savings Account (HSA)
If you have a high deductible health insurance plan that offers the option of opening an HSA, open a free one with us! It's a great way to save for health care expenses OR for a rainy day. With an HSA, your employer is able to deduct a pretax dollar amount you specify and it's directly deposited into your HSA account. If you withdraw money from your account, it is not subject to federal income tax as long you use it to pay for qualified medical expenses. And, the funds roll over and accumulate year-to-year.
- Christmas Club Account
Make weekly deposits via an automatic transfer from another account. Early each fall you'll receive a direct deposit to your SBW account or an external account that includes your deposits made during the year and the interest earned at maturity.
Want to know more about how we can help you with your resolve to save more this year? Give us a call at (603) 352-1822.
*Average daily balance of at least $100 required for free Regular Savings Account. A $2 monthly service charge will be incurred if account balance is $100 or less. Minimum balance not required for Minor Savings account.
**Average daily balance of at least $100 required for free Easy Savings Account. A $2 monthly service charge will be incurred if account balance is $100 or less. Minimum balance not required for Minor Savings account.