About Us
Nestled in the historic seaside town of Marblehead, we’ve been a steadfast part of the community since 1871. For generations, we’ve proudly served our neighbors – both families and businesses – offering secure banking and the financial tools they need to thrive. Our priority is your peace of mind. Rest assured that all deposits at Marblehead Bank are fully insured by the FDIC and DIF.
What it means to be a mutual bank.
As a mutual savings bank, our structure sets us apart. We have no stockholders, which lets us focus solely on the well-being of our customers, our dedicated employees, and the vibrant communities we serve. We make decisions right here as a team of local individuals deeply invested in the prosperity of those around us. We take a long-term, community-centered approach, nurturing lasting relationships with our neighbors and local businesses.
Over the years, our values have remained constant.
Throughout the years, our core values have stayed true. We’re committed to supporting the families and businesses that make our community home, and we believe wholeheartedly in giving back. Above all, we’re proud to be your bank. Together, we are better.
Community Reinvestment Act (CRA)
In accordance with the Community Reinvestment Act (CRA), Marblehead Bank is required to maintain and, upon request, make available for public inspection a complete Community Reinvestment Act Public File. If you’re interested in viewing our CRA Public File, click on the link below.
Massachusetts Basic Banking Participating Institution
Marblehead Bank is one of over 30 financial institutions participating in Basic Banking for Massachusetts. Nearly 6 million U.S. households are without a banking relationship, and this program assists the state’s unbanked population in finding a bank that meets their needs.*
*Source: FDIC