Bristol County Savings Bank

What Bristol County Savings Bank does

Bristol County Savings Bank is a 175-year-old, full-service community bank headquartered in Taunton, Massachusetts, operating as a wholly owned subsidiary of Beacon Bancorp with approximately $3.1 billion in total assets and roughly 300 employees. The bank serves individual consumers, small businesses, larger commercial clients, municipal and government entities, and nonprofit organizations across southeastern Massachusetts and Rhode Island through a network of approximately 19 branches, Interactive Teller Machines, and surcharge-free ATM access through Bank of America and Allpoint. Its product platform spans tiered personal checking and savings (including PRIME TIME Checking, eChecking, NOW, and Access Checking), certificates of deposit, IRAs, Visa credit cards issued through Elan Financial Services, mortgages (including MassHousing-affordable products), home equity loans and HELOCs, auto and personal loans, small business lending (including SBA preferred-lender Express Business Loans up to $150,000 and term loans), commercial mortgages and cash management (ACH, wire, remote deposit, positive pay, lockbox, ZBA, EDI reporting), municipal banking, and wealth management through Bristol Wealth Group.

The technology layer combines a real-time processing core with online and mobile banking apps (iOS and Android), mobile remote deposit capture, digital wallet tokenization (Apple Pay, Google Pay, Samsung Pay), Quicken and QuickBooks data synchronization, and IBM Trusteer Rapport fraud protection. Distribution combines physical branches with regional mortgage consultants, dedicated commercial lenders, and small business relationship managers, supported by an in-house foundation that has distributed over $36.4 million in grants to nonprofits since 1996. The bank generates revenue primarily through net interest income on its loan portfolio (mortgages, commercial, small business, consumer) augmented by deposit and service fees, card revenue sharing with Elan, cash management fees, and fee-based wealth management revenue from Bristol Wealth Group, with pricing structured as tiered monthly maintenance fees on deposit accounts and one-time loan origination economics on credit products.

Name

Bristol County Savings Bank

Legal name

Bristol County Savings Bank

Website

https://bristolcountysavings.com

Company type

Private

Founded year

1846

Operating status

Operating

Headcount range

251–500 employees

Short description

Bristol County Savings Bank is a 175-year-old, $3.1 billion-asset community bank headquartered in Taunton, Massachusetts, serving consumers, small businesses, commercial clients, municipalities, and nonprofits across southeastern Massachusetts and Rhode Island through 19 branches and full-service digital and wealth management platforms.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Savings Institutions and Other Depository Credit Intermediation (52218), Commercial Banking (522110)

SIC

Savings Institutions, Not Federally Chartered (6036)

akta.pro primary industry

Savings Banks (Public/State-Owned) (FSABAKAK)

akta.pro secondary industries

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE), SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC), Digital Banking & Neobank Platforms (BPAMAFAD)

Keywords

• Community banking services
• Small business lending
• Mortgage and home equity
• Commercial cash management
• Wealth management services

Headquarters

HQ city

Taunton

HQ country

United States

HQ region

North America

Offices19 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Interest Income: Primary revenue from interest earned on loans including mortgages, commercial loans, small business loans, and consumer loans. Interest spread between deposit rates and loan rates.
2. Fee Income: Monthly maintenance fees on checking and savings accounts, ATM fees, wire transfer fees, overdraft fees, and other service charges.
3. Credit Card Revenue: Revenue sharing from credit card partnership with Elan Financial Services.
4. Investment and Wealth Management: Revenue from financial planning, retirement planning, and personal investing services through Bristol Wealth Group.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels8 records

Core offering

Bristol County Savings Bank is a full-service community bank that provides deposit products (checking, savings, money market, CDs, IRAs), consumer lending (mortgages, home equity, auto, personal), small business and commercial lending (SBA, term loans, lines of credit, commercial mortgages), cash management services, municipal/government banking, and wealth management through Bristol Wealth Group. Customers access these services through 19 regional branches, an ATM/ITM network, online banking, and native iOS and Android mobile banking apps with remote deposit capture.

Product overview

Bristol County Savings Bank is a full-service community bank offering a comprehensive portfolio of banking products and services through a multi-tier platform architecture. The core banking platform encompasses personal checking (PRIME TIME Checking, eChecking, Access Checking, NOW Checking), savings products (Statement Savings, CDs, Money Markets, IRAs), and lending solutions (Auto Loans, Personal Loans, Home Equity, Mortgages). The bank extends this with specialized divisions including Small Business Banking (Express Business Loans, SBA Loans, Lines of Credit, Term Loans, Commercial Mortgages), Commercial Cash Management services, and Municipal Banking. The Bristol Wealth Group provides integrated wealth management, retirement planning, and investment services. Digital Banking and Mobile Banking App serve as the technology layer enabling customer access across all products. Premium services include PRIME TIME Travel program. Credit cards are offered through a partnership with Elan Financial Services.

Differentiator

Problem solved

Functional benefit

Brands

• Bristol Wealth Group: Wealth management and financial advisory services offered by Bristol County Savings Bank

Products and services

• PRIME TIME Checking Account Premier relationship checking account for individual consumers that delivers the most competitive checking interest rate, surcharge-free ATM access at BCSB, Bank of America, and Allpoint ATMs, and eligibility for PRIME TIME Travel perks; fee is waived with a $5,000 minimum daily balance.
• eChecking Account Digital-first checking account with paperless eStatements targeted at consumers who prefer electronic banking; the $10 monthly maintenance fee is waived with a $1,000 minimum balance, direct deposit, or student status (ages 16-24).
• Access Checking Account Safe and affordable no-monthly-fee checking account for individual consumers designed to avoid overdraft fees by generally declining or returning transactions that would cause an overdraft.
• NOW Checking Account Interest-earning NOW checking account for consumers with a low $400 minimum balance to waive the $5 monthly maintenance fee.
• Statement Savings Account Personal savings account offering unlimited in-person or ATM withdrawals with detailed monthly statements or passbook, at $1 monthly maintenance fee waived with $200 minimum daily balance and 0.05% APY.
• Certificates of Deposit (CDs) Term deposit accounts available from 1 month to 5 years for individual savers, with Prime Time CDs reserved for Prime Time Checking members and offering higher relationship-based rates.
• Money Market Accounts Flexible money market savings accounts for consumers with tiered interest rates, no monthly maintenance fee, and convenient access, available as either statement or passbook accounts.
• Individual Retirement Accounts (IRAs) Retirement savings accounts for individuals available as Traditional or Roth IRAs, structured as CD-style investments with higher returns and fixed interest rates.
• Visa Credit Cards Visa credit card products and services for personal and small business customers offered through partnership with Elan Financial Services, including rewards, cash back, and credit-building options with zero fraud liability protection.
• Auto Loans Auto financing for individual consumers to purchase new or used vehicles, financing up to 100% of the sale price for new cars or 100% of NADA retail value for used cars.
• Personal Loans Secured and unsecured personal loans from $1,000 to $10,000 for individual consumers for purposes such as home improvements, debt consolidation, and other personal needs, with passbook loans priced 4% over savings/CD rates.
• Home Equity Loans Fixed-rate home equity loans allowing homeowners to borrow a specific amount at fixed monthly principal and interest payments, available in 5-, 10-, or 15-year terms and financing up to 80% of appraised home value.
• Home Equity Line of Credit (HELOC) Variable-rate revolving home equity line of credit allowing consumers to draw funds as needed, with a 10-year draw period followed by a 10-year repayment period and an introductory-rate option available.
• Residential Mortgages Home purchase financing for individual homebuyers including MassHousing affordable mortgages, the Affordable Housing Program, Jumbo Mortgages, and Construction Permanent Mortgages, supported by regional mortgage consultants.
• Home Refinancing Mortgage refinance solutions for homeowners seeking to lower their interest rate, reduce monthly payments, or tap into home equity.
• TMLP Saves Loan Program Interest-free loan program offered in partnership with Taunton Municipal Lighting Plant (TMLP) to eligible TMLP residential customers to finance installation of Ground Source or Cold Climate Air Source Heat Pumps.
• Digital Banking Online banking platform providing personal and business customers with 24/7 account access, mobile check deposit, bill pay, fund transfers, loan payments, and ATM/branch locator functionality.
• Mobile Banking App Native mobile banking application for iOS and Android enabling customers to deposit checks remotely, manage accounts, pay bills, manage cards, set travel notifications, and authenticate via biometrics.
• Express Business Loans Online small business loans up to $150,000 with rapid local decisions, structured as a term loan or line of credit upon credit approval, for working capital and small business needs.
• SBA Loans Small Business Administration loans, including the 7(a) program and other SBA loan products, originated by BCSB as a preferred SBA lender for faster processing for small business borrowers.
• Small Business Lines of Credit Short-term revolving lines of credit for small businesses to finance seasonal working capital, inventory, or receivables, with competitive variable interest rates.
• Small Business Term Loans Longer-term small business term loans for equipment purchases and business expansion with competitive fixed and variable rates and flexible terms.
• Commercial Mortgages Commercial real estate financing for commercial and small business clients to purchase, renovate, or refinance commercial properties, with competitive fixed or variable rates.
• Cash Management Business cash management services for small business and commercial clients, including Remote Deposit, Wire Transfers, ACH Origination, Positive Pay, Merchant Card Processing, Reconciliation Services, EDI Reporting, Zero Balance Accounts, and Lockbox.
• Municipal Banking Specialized banking services for municipal and government clients in Massachusetts and Rhode Island, including Municipal NOW Checking, Municipal Money Market, Municipal CDs, the Visa CommUNITY Card, Account Reconciliation, Concentration Accounts, and State Aid Reporting.
• Bristol Wealth Group Wealth management division of Bristol County Savings Bank offering financial planning, retirement planning, personal investing, and group retirement and investment services for business and nonprofit clients.

Quantifiable outcome

• Express Business Loans provide up to $150,000 with decisions in minutes
• +3 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability1 record

Feature3 records

Partnerships

Six partnerships are on record, tiered minor and core.

• ColletteminorStrategic or Co-development PartnerPartnership with Collette, a family-owned travel company headquartered in Rhode Island with offices in the United States, Canada, and the United Kingdom. Collette provides escorted tour options for PRIME TIME Travel program members on longer domestic and international trips.
• Elan Financial ServicescoreTechnology or IntegrationCredit card products and services provided through partnership with Elan Financial Services. Elan provides Visa credit card processing, zero fraud liability protection, and 24/7 cardmember service.
• Bank of AmericaminorChannel Partner/ Reseller/ DistributorSurcharge-free ATM access partnership for PRIME TIME checking customers at Bank of America ATMs nationwide.
• Allpoint ATM NetworkminorChannel Partner/ Reseller/ DistributorSurcharge-free ATM access partnership providing customers with thousands of surcharge-free ATM locations across the United States.
• MassHousingcoreStrategic or Co-development PartnerMassHousing is a Massachusetts state agency providing affordable home mortgage financing. Bristol County Savings Bank offers MassHousing mortgages including purchase and rehabilitation loans with low down payments and discounted PMI.
• TMLP (Taunton Municipal Lighting Plant)minorStrategic or Co-development PartnerPartnership with Taunton Municipal Lighting Plant for TMLP Saves Loan Program offering interest-free loans for heat pump installation to eligible TMLP residential customers.

Scale indicators9 records

Recent moves9 records

Expansion highlights4 records

Direct peers

• Rockland Trust (Independent Bank Corp): Massachusetts-headquartered community bank with comparable full-service personal, small business, and commercial banking across southeastern New England. Directly competes in the same geographic footprint with similar product suite including SBA lending and wealth management.
• HarborOne Bank: Massachusetts and Rhode Island community bank offering personal, business, and commercial banking with a similar mid-sized asset base and community focus. Comparable in scale and product breadth, particularly in southeastern MA and RI.
• Cape Cod Five Cents Savings Bank: Mutual savings bank operating in southeastern Massachusetts with comparable full-service offerings, community-banking model, and mutual ownership structure. Closely matches BCSB's deposit-and-lending model with similar geographic reach.
• East Boston Savings Bank: Massachusetts-chartered mutual savings bank with comparable community-banking orientation, full-service products, and branch-based distribution in the greater Massachusetts market. Operates a similar model of local decision-making and relationship banking.
• Washington Trust Company: Rhode Island's largest community bank, providing personal, business, and wealth management services in the same RI markets where BCSB is expanding. A direct peer given shared Rhode Island geographic overlap and comparable mid-sized asset base.
• Berkshire Hills Bancorp (Berkshire Bank): New England community bank with similar mid-sized asset base offering personal, small business, and commercial banking. Comparable in scale, SBA lending focus, and community-bank positioning across New England markets.
• Brookline Bancorp: Massachusetts-based community banking holding company with similar deposit-gathering and commercial lending focus, competing in overlapping Boston-area and greater New England markets. Comparable mid-sized profile and product breadth.
• Dedham Savings Bank: Massachusetts mutual savings bank serving greater Boston and southeastern markets with similar community-banking model, full-service product set, and mutual ownership. Comparable scale and geographic overlap.

Broad incumbents

• Citizens Financial Group: Large regional bank with significant Massachusetts and Rhode Island branch presence, directly competing for the same retail, small business, and commercial banking customers. A much larger incumbent with broader capabilities that BCSB competes against on local relationship banking.
• Santander Bank: Large national/regional bank with established branch presence in Massachusetts and Rhode Island (including former downtown Providence office of a recently hired BCSB VP). Competes with BCSB in retail, small business, and commercial segments across overlapping geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/bcsb
• Facebookfacebook.com/BristolCountySavingsBank
• LinkedInlinkedin.com/company/bristol-county-savings-bank
• Instagraminstagram.com/bristolcountysavings

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bristol County Savings Bank