What Is North Brookfield Savings Bank?
Updated
North Brookfield Savings Bank (NBSB) is a community bank based in Central Massachusetts that offers personal and business banking services. Its website, northbrookfieldsavingsbank.com, is the bank's own site for opening accounts, applying for loans, and managing banking online — not a comparison or aggregator site. If you live or work in Central Massachusetts and want a local bank with online and mobile access, this is the institution's direct channel.
What the bank offers
The site organizes its services around a few core areas:
- Deposit accounts — checking and savings accounts, including a "FREE CHECKING" account advertised with no fees, plus certificates of deposit (CDs).
- Loans — mortgage loans (including a first-time homebuyer option), consumer loans, and business loans.
- Home equity — home equity products for borrowing against home value.
- Business banking — accounts and lending aimed at businesses.
Online and mobile banking
NBSB describes its Online Banking and Bill Pay as free, letting customers bank on their own schedule. Mobile Banking carries the same features through a free app, and Mobile Wallet support means you can pay without carrying cards. These channels stay available even when branch offices are closed — for example, the site notes that on a federal holiday, offices close but Mobile Banking, Online Banking, and ATMs remain accessible.
Rates shown on the site
The homepage features current rates, which change over time. As displayed:
| Product | Rate | Minimum to open | Minimum balance to earn |
|---|---|---|---|
| 21 Month CD | 3.41% APY | $2,000 | $2,000 |
| 21 Month CD | 3.61% APY | $2,000 | $50,000 |
| 30 Year Conventional Fixed Mortgage | 6.777% APR | — | — |
| First Time Homebuyer | 6.683% APR | — | — |
APY is the annual percentage yield on deposits; APR is the annual percentage rate on loans. Always confirm current rates directly with the bank before acting, since featured rates are updated periodically.
Who it's for
This bank fits people and businesses in Central Massachusetts who want a community bank relationship with the convenience of digital banking. If you need to open a deposit account, apply for a mortgage or loan, or find a branch or ATM nearby, the site provides direct application links and a location finder. If you're comparing many banks nationwide, you'd want a comparison site instead — this is a single institution's own website.