Insights

Community foothold Longstanding Worcester-based mutual savings bank with deep localroots and commitment to serving small businesses and residents, presenting opportunities for local relationship-building and cross-sell of digital banking, cash management, and SME lending.

Growth leadership Recent leadership additions in finance and commercial banking indicate a focus on strengthening financial management, risk oversight, and SME lending capabilities—prospects for upsell of treasury services, commercial lending solutions, and advisory packages.

Mid-market focus Revenue in the mid tens of millions and a workforce sized for personalized service suggests targeting small to mid-market businesses with tailored deposit strategies, merchant services, and credit facilities.

Strategic partnerships Past collaborations with MassDevelopment and GE on financing demonstrate receptiveness to joint ventures and public-private financing; explore opportunities in community development loans, affordable housing projects, and renovation financing.

Digital adoption Tech stack includes WordPress, Bootstrap, and Microsoft 365, signaling openness to digital enablement; potential to propose modern online banking enhancements, security solutions, and client experience improvements for both consumer and commercial segments.

Similar companies to Bay State Bank

Bay State Bank Tech Stack

Bay State Bank uses 8 technology products and services including Microsoft Advertising, WordPress, MySQL, and more. Explore Bay State Bank's tech stack below.

Media & News

Bay State Bank's Email Address Formats

Bay State Bank uses at least 4 email formats:
Bay State Bank Email FormatsExamplePercentage
FLast@baystatesavings.comJDoe@baystatesavings.com
90%
Last@baystatesavings.comDoe@baystatesavings.com
8%
FMiddleLast@baystatesavings.comJMichaelDoe@baystatesavings.com
1%
FirstL@baystatesavings.comJohnD@baystatesavings.com
1%

Frequently Asked Questions

What is Bay State Bank's phone number?

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You can contact Bay State Bank's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is Bay State Bank's official website and social media links?

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Bay State Bank's official website is baystatebank.com and has social profiles on LinkedIn.

How much revenue does Bay State Bank generate?

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As of August 2026, Bay State Bank's annual revenue is estimated to be $25M - $50M.

What is Bay State Bank's SIC code and NAICS code?

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Bay State Bank's SIC code is 6029 - Commercial Banks, Not Elsewhere Classified and NAICS code is 52211 - Commercial Banking.

How many employees does Bay State Bank have currently?

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As of August 2026, Bay State Bank has approximately 92 employees across 3 continents, including North America, Asia and South America. Key team members include Vice President Information Technology And Operations: L. D., President And Chief Executive Officer: R. L. and President: M. R. Explore Bay State Bank's employee directory with LeadIQ.

What industry does Bay State Bank belong to?

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Bay State Bank operates in the Banking industry.

What technology does Bay State Bank use?

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Bay State Bank's tech stack includes Microsoft Advertising, WordPress, MySQL, Simpli.fi, Shopify, Microsoft 365, JSON-LD and Floating UI.

What is Bay State Bank's email format?

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Bay State Bank's email format typically follows the pattern of FLast@baystatesavings.com. Find more Bay State Bank email formats with LeadIQ.

When was Bay State Bank founded?

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Bay State Bank was founded in 1895.
Bay State Bank logo

Bay State Bank

BankingMassachusetts, United States51-200 Employees

Bay State Savings Bank is a Worcester, Massachusetts-based financial institution that serves individuals and local businesses, tracing its origins to 1895 when community members pooled savings to form a new bank. It operates as a locally owned mutual savings bank, designed to be well capitalized and financially stable within its mutual framework. It is notable for being the only bank headquartered in Worcester, underscoring its local focus and commitment to the community. It positions itself as a leading local banking option for residents and businesses in the area.

In December 2025, Bay State Savings Bank named Richard Hayward as chief financial officer, a recent leadership appointment intended to support its Worcester-based operations. This leadership change reflects ongoing governance updates as the bank maintains its local focus and prudent management within its mutual structure.

Section iconCompany Overview

Phone number
SIC Code
6029 - Commercial Banks, Not Elsewhere Classified
NAICS Code
52211 - Commercial Banking
Founded
1895
Employees
51-200

Section iconFunding & Financials

  • $25M - $50M

    Bay State Bank's revenue is estimated to be in the range of $25M - $50M

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