Dedham Institution for Savings
Dedham Savings is one of the oldest American banks still in operation and one of the oldest banks in the state of Massachusetts still doing business under its original charter.
Dedham Savings Main Office and headquarters building in Dedham, MA | |
| Company type | Mutual |
|---|---|
| Industry | Financial services |
| Founded | March 19, 1831 |
| Headquarters | 55 Elm Street, Dedham, Massachusetts 02026 , United States |
Number of locations | 9 full service branches |
Key people | Peter G. Brown (President and CEO) |
| Services | Personal banking, business banking, mortgage lending, commercial lending, digital banking, cash management, investment services |
Net income | US$14.212 million (2023) |
| Total assets | US$2.331 billion (2023) |
| Total equity | US$244.618 million (2023) |
| Website | www |
| Footnotes / references | |
It is owned by the holding company 1831 Bancorp, which also owns South Shore Bank in Boston.
Deposits at Dedham Savings are insured up to current limits of the Federal Deposit Insurance Corporation, which defines the institution as a community bank. The Depositors Insurance Fund insures all additional balances, up to any amount.
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