We believe it is truly a privilege to be an integral part of our community–just as we have been since 1875, and will continue to be for the next century and beyond. As a mutual bank, we have no shareholders. This allows us to remain local. More importantly, as the only bank headquartered right here in our community, we know that we are in business because of our community and for our community. This is our only home – and we know we cannot continue to thrive or survive without a strong local economy.

Original Village Branch

Original Village Branch

Original Village Branch Interior

Original Village Branch Interior

Marlboro Street Branch Construction

Marlboro Street Branch Construction

Grand Opening of Marlboro Street

Grand Opening of Marlboro Street

Grand Opening of Court Street

Grand Opening of Court Street

Court Street Branch

Court Street Branch

A brief overview of some historical milestones

1875 Chartered in State of NH and open for business as Savings Bank of Walpole

1892 Westminster Street Branch in Walpole opens

1896 The only bank in Cheshire County to survive “The Panic of 1896”

1912 Titanic sinks

1913 Federal Reserve System is born

1929 Stock market crashes- the beginning of the Great Depression

1930 Total Assets $1,461,000

1964 Total Assets $15,029,432

1975 Savings Bank of Walpole celebrates 100th Anniversary

1975 First ATM “The Walpole 25 Hours Banker- A Money Machine” installed at Walpole branch

1990 IGA in Walpole partners with SBW, becomes first grocery store in NH to offer a bank card

1990 Grand Opening of North Meadow Plaza branch in Walpole

1992 Riverside Plaza, Keene branch opens

1996 www.walpolebank.com goes live on the “World Wide Web”

1996 Bank-By-Phone introduced

2000 New branch opens on West Street, Keene (Riverside Plaza branch closes)

2000 Internet Banking launched

2001 Marlboro Street, Keene branch opens

2007 Start of the housing collapse and recession

2008 Us Government launches TARP (Troubled Asset Relief Program)- not needed at SBW due to excellent credit quality

2016 Total Assets $361,000,000– the only bank still headquartered in Cheshire County

2017 New branch opens at 817 Court Street, Keene

2018 Affiliation with NH Mutual Bancorp becomes effective July 1, 2018.  Same bank, same people, same local values … greater strength.

Total Assets of $411 million.

2019 Record Asset, Deposit, Loan and Capital levels.

Net income reaches $3 million level for the first time.

SBW Wealth Management joins forces with MillRiver Wealth Management and Keene based New Hampshire Trust Company to form NHTrust.

2020 Despite a global COVID-19 pandemic, SBW thrives – achieving record levels of growth in all measures while providing vital support to our community.

SBW responds to the needs of our community’s businesses, organizations and families by funding more than $150 million of consumer and business loans. This includes $39 million of Paycheck Protection Program (PPP) loans through the Small Business Administration (SBA) and $57 million of residential mortgage loans. Local donations exceed $300,000.

Assets grow to $555 million.  Single year growth of $108 million.

Recognition includes “Top Pandemic Performer in the State of New Hampshire” by Banking Northeast Magazine, “The 2020 Emerging Lender” by the NH SBA, “Best Banks to Work For in the U.S.” by American Banker Magazine for the 4th consecutive year, and “Best Local Bank” in the Keene Sentinel’s Choice Awards for the 15th consecutive year.

2021 Assets surpass $600 million in April.

Plans announced to open a new branch in Winchester in the fall of 2021 – SBW’s 6th local branch.

New office opened on Kit Street in Keene to house expanded Customer Resource Center (CRC). CRC will support SBW and its sister banks from the Keene location.