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About Us

About Us

Our History

Bay State Savings Bank's roots extend back to 1895, when 114 spirited citizens of Worcester gathered together and pledged a total of $7,660 to establish a new savings bank in the city. They made good on that pledge, and on May 16, 1895, Bay State Savings opened its doors for business on Main St. in Worcester.


Our Vision

Bay State Savings Bank strives to be the strongest, and most successful, independent community bank in our marketplace. As a local, mutually owned savings bank, we work to earn the trust and respect of our customers, the marketplace and our employees. We are known for our total commitment to our Mutual Values, which enables the Bank to remain strongly capitalized and to operate safely and profitably in our mutual form.


Our Mission

To be the Community Bank of Choice.


Welcome to Bay State Savings Bank

click here to watch our welcome video

Bay State Savings Bank Chosen by Worcester Business Journal as 2015 Corporate Citizen of the Year!

Business Leaders of the year, Corporate Citizen Bay State Savings Bank, Peter Alden, President & CEO

Click here to watch video: https://www.youtube.com/watch?v=9DjNYXCBZn4