bankESB (Easthampton Savings Bank) 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 citizens' 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 new bank, was the first person to open a savings bank 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, built its own facility where North Hall of the former Williston Campus once stood. Since then, ten additional locations throughout the Pioneer Valley of Massachusetts in Easthampton, Southampton, Northampton, Hadley, Holyoke, South Hadley, Belchertown, Westfield and Agawam, have been opened.
As the bank continues to grow, so does its commitment to its communities.
We are most proud of our commitment to our communities. For nearly 150 years, bankESB has been a community partner supporting local non-profit organizations and the people they serve. 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 evolved over time, so has bankESB by offering innovative products and services to meet its communities’ growing banking needs.
Investing in what matters.
We believe that the best approach to a people business is always doing the right thing and investing in what matters. For us, that’s our customers and communities. As the bank grows and ventures into or adopts new communities, the tradition of community banking is always with us; it’s who we are.
Apply now for a better mortgage experience through bankESB.