US Bank Directory
Banks in Wakefield, MA
5 FDIC-insured banks operate 8 offices in Wakefield, Massachusetts, and 1 credit union has 1 office.
Source: FDIC BankFind, data as of September 5, 2026; NCUA call report as of March 31, 2026; hours checked October 10, 2026.
Bank branch map: Wakefield
Banks sit at the coordinates in their FDIC record; credit union offices at their NCUA address, located with the U.S. Census Bureau Geocoder. Point at a marker for today's hours, tap it for the address, directions and the bank's site.
Short answer: 6 banks and credit unions operate 9 locations in Wakefield, according to the FDIC and the NCUA. 9 of them have coordinates on record and are on the map. 2 publish opening hours.
Branches: FDIC, NCUA. Streets: loading.
9 locations on the map
Tap a cluster to zoom in
Positions are the regulators' own coordinates, or the Census Geocoder's point for the address, and can sit a few hundred feet from the door. Streets, buildings and parks come from OpenStreetMap through OpenFreeMap, with every street named as you zoom in; if that map cannot load, a simpler map drawn from the Census Bureau's TIGER/Line files takes its place. ATMs will follow with the Overture Maps import.
All banks and credit unions in Wakefield
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: The Savings Bank has the most locations in Wakefield, with 3. It is followed by Reading Co-operative Bank (2). 3 banks have a single office in the city. Open any bank to see each address, today's hours where the bank publishes them and the phone number.
The Savings Bank Bank · 3
The Savings Bank has 3 branches in Wakefield, 8 across Massachusetts and 9 nationwide. FDIC records list its main office in Wakefield, MA and show it operating since 1869. With $891.0 million in total assets on June 30, 2026, it ranks No. 1,161 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Wakefield location is its main office at 357 Main St, dating to 1869; the newest, at 599 North Ave, to 1980. It does not publish hours in the sources this page uses; check its site before you go.
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Main Office main office357 Main St, 01880
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Lakeside Branch599 North Ave, 01880
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Main Street Branch907 Main St, 01880
Reading Co-operative Bank Bank · 2
Reading Co-operative Bank has 2 branches in Wakefield, 13 across Massachusetts and 13 nationwide. FDIC records list its main office in Reading, MA and show it operating since 1886. With $1.19 billion in total assets on June 30, 2026, it ranks No. 904 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Wakefield location is the Nemt Branch at 100 Hemlock Rd, dating to 2016; the newest, at 342 Main St, to 2025. It does not publish hours in the sources this page uses; check its site before you go.
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Nemt Branch100 Hemlock Rd, 01880
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Wakefield Branch342 Main St, 01880
Eastern Bank Bank · 1
Eastern Bank has 1 branch in Wakefield, 113 across Massachusetts and 134 nationwide. FDIC records list its main office in Boston, MA and show it operating since 1989. With $31.13 billion in total assets on June 30, 2026, it ranks No. 70 of 4,232 U.S. banks by total assets. The Wakefield Branch at 445 Main St dates to 1978 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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Wakefield Branch445 Main St, 01880
Rockland Trust Bank · 1
Rockland Trust has 1 branch in Wakefield, 143 across Massachusetts and 151 nationwide. FDIC records list its main office in Rockland, MA and show it operating since 1907. With $24.97 billion in total assets on June 30, 2026, it ranks No. 86 of 4,232 U.S. banks by total assets. The Wakefield Branch at 381 Main St dates to 2008 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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Wakefield Branch381 Main St, 01880
Santander Bank · 1
Santander has 1 branch in Wakefield, 130 across Massachusetts and 368 nationwide. FDIC records list its main office in Wilmington, DE and show it operating since 1907. With $103.96 billion in total assets on June 30, 2026, it ranks No. 32 of 4,232 U.S. banks by total assets. The Wakefield - Main Street Branch at 500 Main St dates to 1854 in FDIC branch records. It opens on Saturday.
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Wakefield - Main Street Branch500 Main St, 01880
All hours
Mon to Fri 9 am to 5 pm; Sat 9 am to 1 pm; Sun not published
Hours: Santander branch locator (All The Places), checked Oct 10, 2026
Stoneham Municipal Employees Credit Union Credit union · 1
Stoneham Municipal Employees Credit Union has 1 office in Wakefield, 4 across Massachusetts. It is based in Stoneham, MA and $70.4 million in assets on March 31, 2026, according to its NCUA call report. Its published hours do not list Saturday.
Who can join: see the credit union's site.
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Branch47 Tuttle St, 01880
All hours
Mon to Tue 9 am to 2 pm; Wed closed; Thu to Fri 9 am to 2 pm; Sat to Sun not published
Hours: NCUA, March 31, 2026
Join a credit union in Wakefield
1 credit union has 1 office here: Stoneham Municipal Employees Credit Union. Each office is listed above with the phone and the hours it filed with the NCUA (call report as of March 31, 2026). Who can join each one is on its own site; the credit unions in Wakefield page has every office in the state's directory.
Banking in Wakefield: the local picture
Short answer: 5 banks run 8 branches in Wakefield according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.
Of the 5 banks, 1 has its main office in Wakefield, 3 elsewhere in Massachusetts and 1 out of state, according to the FDIC.
The bank with the longest record here is The Savings Bank, operating since 1869 according to the FDIC. In FDIC branch records, the longest-running branch is Santander's office at 500 Main St, dating to 1854; the newest is Reading Co-operative Bank's at 342 Main St, from 2025.
The only credit union with an office here is Stoneham Municipal Employees Credit Union.
Of the 2 locations with published hours. 1 opens on Saturday. 7 locations have no published hours in these sources.
Banks open on Saturday in Wakefield
Short answer: 1 of the 2 Wakefield locations with published hours opens on Saturday, run by 1 institution.
- Santander: 1 of 1 branch (500 Main St: Saturday 9 am to 1 pm)
Credit union hours are the text each credit union filed with the NCUA, call report as of March 31, 2026; a day the filing does not mention is shown as not published, never as closed. Bank branches show hours only where the bank publishes them in a source this page uses; 7 of the 9 locations here have no published hours yet. The source and date sit under each office. Banks and credit unions often close on Federal Reserve holidays; call ahead.
Chase, Bank of America and other national banks
Which big national banks have branches in Wakefield, and where the nearest one is if they do not.
Short answer: No branches in Wakefield: Chase (nearest in Lynnfield, 2 mi), Wells Fargo (nearest in Boston, 10 mi), Bank of America (nearest in Reading, 2 mi), PNC Bank (nearest in Lynnfield, 2 mi), U.S. Bank, Truist, Fifth Third Bank, Huntington, Regions Bank, TD Bank (nearest in Woburn, 3 mi), BMO.
| Bank | In Wakefield | Nearest branch if none here |
|---|---|---|
| Chase | None | Lynnfield, 2 miles away |
| Wells Fargo | None | Boston, 10 miles away |
| Bank of America | None | Reading, 2 miles away |
| PNC Bank | None | Lynnfield, 2 miles away |
| U.S. Bank | None | none in Massachusetts |
| Truist | None | none in Massachusetts |
| Fifth Third Bank | None | none in Massachusetts |
| Huntington | None | none in Massachusetts |
| Regions Bank | None | none in Massachusetts |
| TD Bank | None | Woburn, 3 miles away |
| BMO | None | none in Massachusetts |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Wakefield to the nearest branch in Massachusetts.
What your savings could earn
National benchmarks and the best published offers, from the Banrox Bank Rates tracker. Enter your own balance and rate to compare.
Short answer: At the national average savings rate of 0.38%, $10,000 kept in savings for a year earns about $38. The best published savings rate in the tracker, 3.75% at CIT Bank, earns about $375. The national average 12-month CD pays 1.71%.
| Offer | Bank | APY | Term | Minimum |
|---|---|---|---|---|
| Savings | CIT Bank | 3.75% | none | $5,000 |
| Savings | Barclays | 3.50% | none | $0 |
| Savings | Marcus by Goldman Sachs | 3.40% | none | $0 |
| CD | Synchrony Bank | 4.35% | 60 Months | $0 |
| CD | Marcus by Goldman Sachs | 4.35% | 24 Months | $500 |
| CD | American Express National Bank | 4.25% | 10 Months | $0 |
Rates are the banks' published APYs as tracked on the Banrox Bank Rates page, with the date next to each benchmark; they are not offers from Banrox and can change daily. Interest is before tax. The best offers are mostly online banks and are open to Wakefield residents like anyone else.
Banks near Wakefield
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Stoneham (2 miles) and Reading (2 miles). Woburn, 4 miles away, has the most banks nearby: 13.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Stoneham, MA | 2 mi | 5 | 6 |
| Banks in Reading, MA | 2 mi | 9 | 11 |
| Banks in Lynnfield, MA | 2 mi | 7 | 8 |
| Banks in Melrose, MA | 3 mi | 8 | 8 |
| Banks in Saugus, MA | 3 mi | 9 | 12 |
| Banks in Woburn, MA | 4 mi | 13 | 21 |
| Banks in Winchester, MA | 5 mi | 6 | 7 |
| Banks in Malden, MA | 5 mi | 8 | 10 |
Bank branch openings and closings in Wakefield
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Wakefield between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Banks and credit unions based in Wakefield
Short answer: 1 institution has its main office in Wakefield: The Savings Bank.
| Institution | Type | Total assets, June 30, 2026 | Offices here |
|---|---|---|---|
| The Savings Bank | Bank | $891.0 million | 3 |
Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.
Largest banks in Wakefield by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Wakefield offices.
Short answer: Santander is the largest bank with offices in Wakefield, with $103.96 billion in total assets on June 30, 2026, No. 32 among U.S. banks by total assets. Eastern Bank is second with $31.13 billion. 1 of the 5 bank is headquartered here. Local deposit shares will follow once the FDIC Summary of Deposits is imported.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| Santander | $103.96 billion | No. 32 | 1 | Wilmington, DE |
| Eastern Bank | $31.13 billion | No. 70 | 1 | Boston, MA |
| Rockland Trust | $24.97 billion | No. 86 | 1 | Rockland, MA |
| Reading Co-operative Bank | $1.19 billion | No. 904 | 2 | Reading, MA |
| The Savings Bank | $891.0 million | No. 1,161 | 3 | Wakefield, MA |
Total assets and ranks from FDIC BankFind as of June 30, 2026. Rank is among active banks that report total assets to the FDIC.
Banks in Wakefield: FAQ
How many banks are in Wakefield, MA?
Wakefield has 5 banks with 8 branches and 1 credit union with 1 office, according to FDIC data as of September 5, 2026 and NCUA data as of March 31, 2026.
Which bank has the most branches in Wakefield?
The Savings Bank, with 3. Reading Co-operative Bank has 2 and Santander has 1.
Is there a The Savings Bank in Wakefield, MA?
Yes. FDIC data lists 3 The Savings Bank branches in Wakefield as of September 5, 2026, the main office at 357 Main St. Its branches are listed under The Savings Bank above, with the address and directions for each.
Is there a Reading Co-operative Bank in Wakefield, MA?
Yes. FDIC data lists 2 Reading Co-operative Bank branches in Wakefield as of September 5, 2026. Its branches are listed under Reading Co-operative Bank above, with the address and directions for each.
Is there a Santander in Wakefield, MA?
Yes. FDIC data lists 1 Santander branch in Wakefield as of September 5, 2026. The address and directions are under Santander above.
Is there a Chase in Wakefield, MA?
No. FDIC data lists no Chase branch in Wakefield as of September 5, 2026. The nearest is in Lynnfield, about 2 miles away in a straight line.
Which banks in Wakefield are open on Saturday?
Santander publishes Saturday hours for one or more Wakefield locations. The Saturday section above lists each one with its hours. 7 of the 9 locations here do not publish hours in the sources this page uses; call ahead.
Which banks are headquartered in Wakefield?
The Savings Bank has its main office in Wakefield, according to the FDIC.
What is the oldest bank in Wakefield?
The Savings Bank has the longest record among banks with a branch here: the FDIC shows it operating since 1869.
Which credit unions can I join in Wakefield?
Stoneham Municipal Employees Credit Union has an office in Wakefield. Check each credit union's membership rules before you apply.
Did any bank branches open or close in Wakefield in the past year?
FDIC branch records show no branch openings between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Where can I find more banks near Wakefield?
Nearby cities with more banks include Stoneham, Reading, Lynnfield. Stoneham is 2 miles away with 5 banks.
How we build this page
Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.
| Data | Source | License | Updated | Data as of |
|---|---|---|---|---|
| FDIC-insured banks: branches, main offices, total assets, dates established | FDIC BankFind Suite API | Public data (U.S. government) | Monthly import | Sep 5, 2026 |
| Credit union offices, phones and hours as filed with the NCUA, total assets | NCUA call report data | Public data (U.S. government) | Quarterly import | Mar 31, 2026 |
| Map coordinates of 1 credit union offices whose NCUA record has none, from the office address | U.S. Census Bureau Geocoder | Public data (U.S. government) | With each NCUA import | Oct 19, 2026 |
| Bank branch hours, phones and branch pages (1 of 8 branches: Santander) | The banks' own branch locators, collected by All The Places | CC0 (All The Places data); each bank's locator is the primary source | Weekly spider run, monthly refresh here | Oct 10, 2026 |
| Savings and CD rates, national averages | Banrox Bank Rates | Banrox, from the banks' own rate pages and FDIC national rates | Weekly | see each rate |
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