What is a Mutual Bank?

What is a Mutual Bank?

At Savings Bank of Walpole, we’re proud to be a mutual bank—because it means we do things a little differently. In a good way.

Unlike stock banks that answer to shareholders, mutual banks like SBW have no outside owners. That means we exist solely to serve the people who bank with us and the communities we call home. Our customers are our priority—not quarterly profits.

When you bank with Savings Bank of Walpole:

Walpole Community Cookout

We’ve been doing this for 150 years—and we’re just getting started.

SBW is a proud member of Mutual Banks Matter, a national coalition of hometown mutual banks that believe in putting people before profits. When you choose a mutual bank, your money stays rooted in the local economy—and your values do, too.

Proud member of Mutual Banks Matter