Institution for Savings Revenue and Competitors

Boston, MA USA

Location

N/A

Total Funding

Banking

Industry

Estimated Revenue & Valuation

  • Institution for Savings's estimated annual revenue is currently $36.5M per year.(i)
  • Institution for Savings's estimated revenue per employee is $231,000

Employee Data

  • Institution for Savings has 158 Employees.(i)
  • Institution for Savings grew their employee count by 6% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$14M749%N/AN/A
#2
$17.6M844%N/AN/A
#3
$35.8M1555%N/AN/A
#4
$13.6M727%N/AN/A
#5
$24.2M1153%N/AN/A
#6
$28.8M1377%N/AN/A
#7
$3.2M22-8%N/AN/A
#8
$3.7M25N/AN/AN/A
#9
$10.4M55-7%N/AN/A
#10
$36.5M1586%N/AN/A
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Today, the Institution for Savings is widely recognized as one of the oldest and most stable mutual banks in the country, with assets totaling approximately $3.2 billion as of September 30, 2017. It is also the largest mutual savings bank in the Greater Newburyport region and the third largest on the North Shore. In recent years, the Institution for Savings has made significant strides to expand its market. In 2006, it opened its first ever full-service banking office outside of Newburyport, in the heart of Salisbury Square. Since that time, it has opened additional full-service banking offices in Rowley, Ipswich, Topsfield, Boxford, Middleton, Beverly, Gloucester and Rockport. The bank's strong and well-deserved reputation as a community-minded bank is due in large part to its Employees, Officers and Trustees who are active in their respective communities. It has been named a Boston Globe TOP PLACE TO WORK for 10 consecutive years and three times as the #1 Employer. The Institution for Savings offers a full menu of personal and commercial financial products and services for individuals, businesses and organizations, including deposit accounts, lending services, Internet/Mobile Banking and Bill Pay, and retirement accounts. Member FDIC. Member DIF. We are an Equal Housing Lender.

keywords:Banking,Finance

N/A

Total Funding

158

Number of Employees

$36.5M

Revenue (est)

6%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Institution for Savings's People

NameTitleEmail/Phone
1
VP, CRA OfficerReveal Email/Phone
2
VPReveal Email/Phone
3
VP, Loan OperationsReveal Email/Phone
4
Sr. VPReveal Email/Phone
5
Deposit Services SupervisorReveal Email/Phone
6
SVPReveal Email/Phone
7
Human Resources AdministratorReveal Email/Phone
8
Customer IdentificationReveal Email/Phone
9
Loan OfficerReveal Email/Phone
10
SVP, Security, Infrastructure & Operations at Institution for SavingsReveal Email/Phone

Institution for Savings News

2022-04-20 - Letter: Thank you Ipswich for making half-marathon a success

... be possible: the Ipswich Ale Brewery, the Ipswich YMCA, the Institution for Savings, the Trustees of Reservations, and Beverly Hospital.

2022-04-17 - Hingham Institution for Savings (NASDAQ:HIFS) Raises ...

Hingham Institution for Savings (NASDAQ:HIFS) Raises Dividend to $0.57 Per Share. Posted by admin on Apr 27th, 2022. Share on Twitter Share on Facebook...

2022-03-30 - This Insider Has Just Sold Shares In Hingham Institution for Savings (NASDAQ:HIFS)

We'd be surprised if Hingham Institution for Savings (NASDAQ:HIFS) shareholders haven't noticed that the Director, Julio Hernando,...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$40.9M1779%N/A
#2
$15M18010%N/A
#3
$29M182-28%N/A
#4
$36.1M199-22%N/A
#5
$53.2M1999%N/A