Bank · FDIC insured
Monson Savings Bank
A $806.3M bank headquartered in Monson, MA, with 5 branches in Massachusetts. Best rates: CDs 0.30% and savings 0.15% APY.
Monson Savings Bank Carrot Score
61
Carrot Score
Higher than 3% of U.S. banks and credit unions
#19 of 22 in Springfield, MA metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Monson Savings Bank
Monson Savings Bank is headquartered in Monson, Massachusetts, and has served local residents and businesses since 1872.
Incorporated by local business leaders in 1872, the bank was established to give working men and women the opportunity to make small deposits.
Charles H. Merrick was elected its first president in 1872, when the institution initially conducted business alongside the Monson National Bank.
The bank expanded with branches in Hampden, Wilbraham, Ware, and East Longmeadow, along with a Wilbraham operations center serving Springfield and surrounding communities.
- Headquarters
- 146 Main St, Monson, MA 01057
- FDIC certificate
- 90245 ↗
Branches
5 branches in Massachusetts
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Massachusetts
5 branches
Springfield area · 4
- Monson Savings BankMain office146 Main St, Monson, MA 01057Directions
- East Longmeadow Branch61 N Main St, East Longmeadow, MA 01028Directions
- Hampden Branch15 Somers Rd, Hampden, MA 01036Directions
- Wilbraham Branch100 Post Office Park, Wilbraham, MA 01095Directions
Amherst Town area · 1
- Ware Branch136 West St, Ware, MA 01082Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 9.55% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.23% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.99% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $88 | $81 | — |
- CapitalLeverage ratio9.55%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.23%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.99%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$88Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Monson Savings Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.