Dedham Institution for Savings
American bank / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Dedham Institution for Savings?
Summarize this article for a 10 year old
SHOW ALL QUESTIONS
Not to be confused with Dedham Bank.
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.
This article needs additional citations for verification. (June 2020) |
Quick Facts Company type, Industry ...
Company type | Mutual |
---|---|
Industry | Financial services |
Founded | March 19, 1831; 193 years ago (1831-03-19) |
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 |
US$14.212 million (2023) | |
Total assets | US$2.331 billion (2023) |
Total equity | US$244.618 million (2023) |
Website | www |
Footnotes / references [1] |
Close
It is owned by the holding company 1831 Bancorp, which also owns South Shore Bank in Boston.[2]
Deposits at Dedham Savings are insured up to current limits of the Federal Deposit Insurance Corporation, which defines the institution as a community bank.[3] The Depositors Insurance Fund insures all additional balances, up to any amount.