Millbury Savings Bank

BankingMassachusetts, United States11-50 Employees

Millbury Savings Bank is a small, locally oriented full-service bank based in Millbury, Massachusetts. Founded in 1854, it serves individuals, families, and small to mid-size businesses and operates as a mutual savings bank, meaning it does not issue stock and exists to serve its depositors, borrowers, and the broader community. Across its tellers, customer service staff, and specialized teams in mortgages, lending, and business banking, the institution prioritizes attentive service aimed at safeguarding clients' financial interests and offering peace of mind. The bank operates within the banking industry and is a member of FDIC, DIF, and Equal Housing Lender, aligning with standard regulatory protections and lending practices. It has earned a 5-Star Superior rating from Bauer Financial for many consecutive quarters, indicating a recognized level of perceived financial strength. In 2019 the organization participated in mergers and acquisitions with Hometown-related entities, including a merger into bankHometown, reflecting a historical area consolidation.

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