Bank History

Investing in what matters… since 1869

The bank of you... founded on the principles of a hometown bank.

Easthampton Savings Bank (bankESB) was established in 1869 in response to the needs of a growing community. The Civil War had ended four years earlier, and the town of Easthampton was entering a period of steady growth. Looking for a way to facilitate citizen’s prosperity in both a secure and convenient manner, several Easthampton businessmen decided to establish a local savings bank.

The newly founded bank was then located in the office of the First National Bank of Easthampton. Mary Sawyer, a four-year-old whose father, E. H. Sawyer, was a Vice President of the bank, was the first person to open an Easthampton account. Eight accounts, totaling $487.15, were opened on the first day of business.

Three years later, the Trustees of the Bank voted to open their own office in the Mayher building at 105 Main Street. Then in 1953, the bank built its own facility where North Hall of the former Williston Campus once stood. Since then, the bank has opened nine additional locations throughout the Pioneer Valley of Massachusetts (in Easthampton, Southampton, Northampton, Hadley, South Hadley, Belchertown, Westfield and Agawam).

As the bank continues to grow, so does its commitment to its communities. Recently, The Boston Business Journal named bankESB a Top Charitable Corporate Contributor in the region and a Top Charitable Corporate Volunteer in the state.  And the Daily Hampshire Gazette readers voted bankESB as the Best Place to get a Loan.

Since 1869, bankESB has remained true to its founding principles and long-standing commitment to providing community members with a safe and convenient place to bank. As the community has evolved over time, so has bankESB by offering new products and services to meet its communities’ growing banking needs.

The bank of your future… a new era of banking

What began as recording customer accounts by hand, has been adapted to meet today’s on-the-go lifestyle, all while holding true to customer security and convenience. Today, bankESB provides cutting-edge mobile and internet banking experiences. Customers can bank when and where it is most convenient for them through using Mobile Banking, Mobile Deposit, Online Banking and Online Bill Pay. Additionally, if customers suspect that their ATM/Debit card has been compromised, they can use their mobile device to deactivate or activate their card, protecting them from potential fraud. Plus, with instant issue cards available, it is even easier for the bank to work with customers to help protect their accounts.

The bankESB eBranch (our website) is also advancing.  bankESB’s website adjusts automatically to fit any device – mobile phone, tablet, or PC – removing the frustration of ‘pinch and scroll’ when looking for a specific rate or product.

Since 1869 Easthampton Savings Bank has not only grown, but has invested in what is important – the community and ensuring their customers bank securely, whenever and wherever they want.