Basic Banking

A community-minded, values-guided bank

Our heritage dates back to 1935, when 24-year-old Harold Webster Smith founded the bank with $25,000 borrowed from family and friends. Then known as First Federal Savings and Loan of Waterbury, Connecticut, our purpose was to help make homeownership a realistic dream for people, and our values centered on putting people first.

Mutual Bank was built on a simple idea: local people and their businesses are best served by a local bank, with local interests at heart. For that reason, Mutual Bank was established as a mutual institution, owned by its depositors, instead of by shareholders. More than a century later, we're still a mutual institution. We like to think of it as a better bank with a big heart.

We treat our customers like they are members of our family. Our dedicated staff members take the time to listen to your concerns and find the solution that’s right for you. That’s just the way we’ve always done it.

Foxboro Federal Savings is a community based, FDIC insured, financial institution with offices in Foxboro, Norfolk and Plainville, Massachusetts. Mutually chartered, highly capitalized and strongly rated, Foxboro Federal has two core business segments.

With more than $200 million in assets, Millbury Savings Bank is a local, full-service bank that has been serving the needs of our customers since 1854. As a mutual savings bank, we don’t issue stock or answer to shareholders or owners. Instead, we exist to serve our depositors, borrowers, and the community. We offer an array of savings and loan products that meet the needs of individuals, families, and small to mid-size businesses within Central Massachusetts.

Milford Federal Savings and Loan Association is a mutual community-oriented thrift. We are committed to providing quality service, encouraging savings, and providing home ownership and other family financial products in the markets of our branches.

As a mutual institution we are owned by our customers, not by stockholders, which allows us to remain focused on providing a superior level of customer service. We believe in putting our customers first - it's this commitment to quality we call the "Pilgrim Difference."