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Local banking directory

Banks and Bank Branches in Wakefield, Massachusetts

The FDIC reported 9 deposit-reporting offices from 5 institutions in Wakefield as of June 30, 2025. Bankular currently provides 9 detailed location pages with addresses, maps and directions.

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FDIC-reported offices9
Institutions reporting5
Detailed location pages9
Reported branch deposits$976.0M
SOD reporting dateJune 30, 2025

Market analysis

What the deposit data shows

FDIC SOD, June 30, 2025
Largest institutionThe Savings Bank56.56% of deposits
Top three share84.98%
Deposit HHI3,733Higher concentration
Current detailed pages9Matches the June 2025 SOD office count

The Savings Bank held 56.56% of reported branch deposits in Wakefield. The three largest institutions together held 84.98%. Bankular places the resulting HHI of 3,733 in its higher concentration descriptive band.

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Local deposit market

Reported offices, deposits and market share

FDIC SOD, June 30, 2025
InstitutionReported officesDepositsShare
The Savings Bank4$552.0M56.56%
Eastern Bank1$166.3M17.04%
Reading Co-operative Bank2$111.1M11.38%
Santander Bank1$80.4M8.23%
Rockland Trust Company1$66.3M6.79%