Institution for Savings Reviews & Info
Institution for Savings was established on January 31, 1820, that charter was granted. Opening deposits totaling $465.10 were collected on the first day. Today, they offer a comprehensive range of products and services, including checking and savings, commercial loans, business services, mortgages, investments, insurance, as well as online and mobile banking technologies. The Institution for Savings is widely recognized as one of the oldest and most stable mutual banks in the country, with assets totaling approximately $3.47 Billion as of December 31, 2018. It is also the largest mutual savings bank in the greater Newburyport region and the third largest on the North Shore.
Other Names Used: Institution for Savings in Newburyport and Its Vicinity, Ipswich Co-operative Bank
Products:
- Business Services
- Car Loans
- Checking
- Home Equity
- Investments
- Mortgages
- Personal Loans
- Savings & CDs
Institution for Savings Review Highlights
5
I have been banking at Institution For Savings the last two years and have loved it. When I first set up my accounts it took all of ten seconds to be noticed when walking through the door. I was immediately helped and set up both my savings and checking accounts at once. It took all of 25 minutes to do, and they were both set up with starter checks in hand. Within 5 days my
checks and debit card arrived by mail. I even received a follow up call to see if I needed any help or had any questions!
Whenever I go into the bank to make a deposit or take out money I'm greeted with a smile by all of the tellers. If there has ever been an issue with a deposit (only happened once), it was quickly resolved and an apology given for the error. I personally think one of the great things they do is there is free coffee and snacks in the lobby. It's great to be able to grab a snack on the go after doing some of my banking. It has shown the little things they do have helped me become a customer for life!… read more