Business Details
Your Trusted Partner for Personal and Business Banking Solutions
Lowell Five Cent Savings Bank has been dedicated to fostering financial growth and community development since its founding. As a relationship-focused institution, we prioritize personalized service and local expertise to meet the unique needs of individuals and businesses. Our FDIC-insured offerings include comprehensive personal and business banking solutions, mortgage services, and investment planning. With 15 branches and ATMs across the Merrimack Valley and Southern New Hampshire, we combine digital innovation with traditional banking values. Our team of experienced professionals delivers tailored financial strategies while maintaining a strong commitment to diversity, inclusion, and community enrichment.Through initiatives like scholarship programs and local partnerships, we actively support regional economic development. Our advanced digital banking platform provides 24/7 access to account management, mobile check deposit, and real-time financial tools. Backed by over a century of service, we maintain rigorous compliance with industry standards while offering competitive rates on savings, loans, and commercial services. Our community room facilities and business partnership programs further demonstrate our dedication to local growth and customer-centric banking.
Services
Personal Checking
Business Savings
Home Equity Loans
Digital Banking
Commercial Lending
Financial Planning
ATM Services
Mobile Deposit
Business Credit Cards
Mortgage Solutions
Highlights and features
- We offer 24/7 digital banking access with advanced security features
- Our FDIC-insured accounts provide full federal deposit protection
- Local decision-making team with deep regional market knowledge
- Free financial counseling through our partnership with GreenPath Financial Wellness
- Community-focused banking with active local reinvestment initiatives
Associations and certifications
- FDIC
What people say
Dependable friends
Personalized service
Advanced digital tools
Community involvement
Competitive rates
Services
Personal Banking
Lowell Five Cent Savings Bank offers comprehensive personal banking solutions including checking, savings, and loan products. Our FDIC-insured accounts feature competitive rates and flexible terms to meet individual financial needs. Digital banking services provide 24/7 access to account management, mobile check deposit, and real-time transaction monitoring for Massachusetts and New Hampshire residents.
Business Savings
Our business savings accounts offer tiered interest rates up to 2.25% APY with balances from $0 to $500,000+. Features include free online banking, ABA-compliant reporting, and integration with business checking accounts. Specialized options include money market accounts with check-writing capabilities and business certificates of deposit with fixed-rate terms.
Home Equity Loans
Lowell Five Cent Savings Bank provides fixed-rate home equity loans and lines of credit for property owners in the Merrimack Valley region. These secured financing options offer competitive rates for home improvements, debt consolidation, or major purchases. Loan terms range from 5 to 30 years with flexible repayment structures and no prepayment penalties.
Digital Banking
Our digital banking platform features mobile check deposit, real-time alerts, and budgeting tools with multi-factor authentication. Business clients access cash management solutions including ACH processing and remote deposit capture. The app supports digital wallet integration, card management, and secure external transfers between financial institutions.
Commercial Lending
We offer construction financing, real estate loans, and working capital solutions for businesses in Massachusetts and Southern New Hampshire. Services include term loans, lines of credit, and SBA-guaranteed programs with personalized underwriting. Our local lending officers provide tailored financing structures for commercial real estate acquisitions and business expansion projects.
Questions
What personal banking services does Lowell Five offer?
We provide checking accounts, savings solutions, home equity loans, credit cards, and investment planning services with both in-person and digital banking options.
Is Lowell Five Cent Savings Bank FDIC insured?
Yes, all deposit accounts at Lowell Five Cent Savings Bank are FDIC insured up to applicable limits, with additional protection through the Depositors Insurance Fund (DIF).
What digital banking features are available?
Our mobile app includes check deposit, real-time alerts, card management, budgeting tools, and secure messaging with 24/7 account access from any device.
Where are Lowell Five Cent Savings Bank locations?
We operate 15 branches and 6 ATMs across the Merrimack Valley region in Massachusetts and Southern New Hampshire, including Tewksbury, Lowell, and Nashua locations.
What business banking solutions do you provide?
Our commercial services include business checking, merchant processing, payroll solutions, commercial real estate loans, and cash management tools tailored for local businesses.
How does Lowell Five support local communities?
We offer scholarships, sponsor local events, provide community room spaces, and partner with organizations to support economic development in our service areas.
