Eagle Bank

Eagle Bank is a state-chartered, mutual savings bank with over 125 years of experience in the financial services industry. We received our original charter from the Commonwealth of Massachusetts on March 1, 1889. On that date, the Massachusetts Senate and House of Representatives authorized the founding of the Bank. On May 11, 1889, we opened the doors for our first day of business. At the end of the day, deposits totaled $4,570. Today, total assets are approximately $420 million.

Commitment to the community has always been a priority. During the Great Depression, readers of the local newspaper could depend on the Bank to give sound, thoughtful advice. During World War II, the Bank received authorization and sold defense bonds and stamps, which were important to the raising of funds for the war effort.

Since 1939, the Bank has recognized the importance of home ownership by participating in various, government funded programs that enables us to provide low-cost and competitive mortgage loans. Today, this is evidenced by our first time home buyer programs.

Identification Required to Open a New Account
Description of your identification policy: 
Driver's license.
IDs acceptable to open account: 
Yes
What other IDs are valid to open an account: 
Permanent Resident Card (Form I-551) with photo.
Savings Account Features
Ability to have an automatic transfer (auto-save) from other accounts: 
No
Free Out of Network ATM Usage: 
No
Other Bank Products and Services
Outgoing International wire transfers: 
Yes
Cost of wire transfer: 
$40.00
Remittances to foreign countries available: 
No
Free On-Line Banking: 
Yes
Cost for money orders: 
$4.00
Mobile banking available: 
Yes
Monthly statements : 
No additional charge for electronic statements, $3.00 paper statements per month.
"Help" phone line hours: 
Same as banking hours.
Language assistance available (not necessarily in person): 
No
Incentives available for completing financial education training: 
No, incentives are not available.
 

 

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