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Belmont Savings Bank

2 Leonard Street
Belmont, MA 02478
Tel. 617-484-6700
Fax. 617-484-2514
www.belmontsavingsonline.com

General Information

Step Up to Community Banking at Belmont Savings

Belmont Savings Bank is a $420 million, full-service community bank dedicated to quality, convenience, and personalized service. Founded in 1885, the Bank builds on a proud history of financial strength and a tradition of active involvement in the communities we serve.

Belmont Savings Bank provides a full range of banking services for individuals and local small businesses. Our innovative products range from checking accounts, to mortgages, to a full range of lending products, and much more.

By banking with us, you enjoy the total peace of mind that comes from knowing all of your deposits are insured in full. The first $100,000 per depositor is insured by the FDIC; all deposits above this amount are insured by the Depositors Insurance Fund.

We have recently embarked on a multi-year plan of continual improvement and enhancements with a strong technology focus - in order to ensure that our customers have the quality and convenience of banking services they require. In line with this initiative, we are now offering online banking services that allow customers to transfer funds from one Belmont Savings Bank account to another, pay bills, access account history, check stock quotes, and perform other banking functions - all from the convenience of a computer.

We are a mutual bank, which means we are not answerable to stockholders but to our customers. Customers come first, and that means placing the highest priority on personal service. In addition, we help you manage your money by keeping fees low and paying competitive rates on our CDs and savings accounts.

We provide a wide range of banking services tailored to the needs of local businesses. While many of the larger regional banks have continued to consolidate, their service to local businesses has deteriorated. At Belmont Savings, we emphasize the importance of knowing our business customers and providing the banking they need to operate efficiently.

We have three full-service offices in Belmont, and one full-service office in Watertown. In addition, we have easy-access 24-hour ATMs in Waltham, Belmont, and Watertown.

Visit Belmont Savings Bank at any of our four convenient locations.

* 2 Leonard Street, Belmont Center, Belmont
* 78 Trapelo Road, Cushing Square, Belmont
* 277 Trapelo Road, Belmont
* 53 Mount Auburn Street, Watertown Square, Watertown

We cordially invite you to step up to community banking. Find out for yourself how friendly, full-service, personalized banking adds up to a really great value. You'll find it all at Belmont Savings Bank.

Belmont Savings Bank is a member of the FDIC and a member of the DIF.

Local Branch / Office Locations

ADDRESS TELEPHONE NO.

2 Leonard Street
Belmont, MA 02478

78 Trapelo Road
Belmont, MA 02478

277 Trapelo Road
Belmont, MA 02478

53 Mount Auburn Street
Watertown, MA 02472

617-484-6700


617-489-6714


617-489-6722


617-926-1325

FEES RELATED TO EACH LOAN

The following are fees related to a typical $175,000 purchase loan transaction in the Boston area, with this company. This does not include points, if any, nor does it include local taxes, prepaid interest payments or prepaid escrow payments for home insurance or real estate taxes. A more complete list, tailored to your specific loan transaction, entitled "Good Faith Estimate of Settlement Costs" should be provided to you when you actually apply for a loan. All fees are believed to be accurate, but cannot be guaranteed and are subject to change without notice.

Appraisal 275
Credit Report 15
Application  
Inspection  
Document Prep/Review 55
Underwriting 60
Processing  
Flood Certification 9
Tax Service 80
Notary  
Pest Inspection  
Settlement/Closing  
Attorney 500
Recording 365
Survey 150
Messenger/Courier  
Wire Transfer  
Administrative  
Mortgage Broker Fee  
Funding and Review  
Payment Processing  
Title Exam  
Title Insurance (lender's) 438
MLC 65
TOTAL $2,012

  • Types Of Mortgage Products Offered

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