Marblehead Bank
About
Marblehead Bank is a full-service community bank that has been part of Marblehead since 1871. It offers checking and savings accounts, mortgage loans for buying a home, business banking for local companies, and a full suite of financial planning services. The bank has offices on Atlantic Avenue and Humphrey Street, and it says it has served both families and businesses for generations with secure banking and the financial tools they need.
The bank is a mutual savings bank, meaning it has no stockholders and decisions are made locally by a team invested in the community. That structure lets it focus on customers, employees and the towns it serves over the long term. Giving back is a stated priority, with the bank donating time, money and resources to local causes. It also maintains a Community Reinvestment Act public file available on request.
What to Know
- All deposits are fully insured by the FDIC and the Depositors Insurance Fund (DIF).
- The bank is one of more than 30 institutions in the Basic Banking for Massachusetts program for the unbanked.
- It is a member of both the Marblehead and Salem chambers of commerce.
- The bank posts career opportunities for those interested in working there.
Is this your business?
Claim it to add hours, photos, a description and a spotlight story.