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Seamen`s Bank is highly regarded throughout the Commonwealth for its fiscal strength and stability, as well as for its ability to respond quickly to the needs of its customers. Our business customers look to us for checking accounts that are free of transaction charges, credit on charge deposits within 24 hours, and a full range of loan and mortgage offerings. Seamen`s Bank was incorporated in 1851 as Seamen`s Savings Bank, a mutual savings bank catering to the small saver and average worker. The first complete Treasurer`s Report to the Trustees occurred on January 15, 1853 and listed 30 depositors with total deposits of $3,295.00. Today the Bank has in excess of 17,000 accounts with deposits of $275,000,000 serving the Lower Cape.
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We strive to be first in what matters to our customers. Helping you pay less, earn more, protect smarter and borrow wisely. As a wholly owned subsidiary, with billions in assets and deposits, thousands of employees and hundreds of branches across four states, we’ve built a trusted name by helping our customers, our employees and our communities. With specialized expertise across many facets of today’s financial world, we can help you thrive personally and professionally.