We hope you always know how much Dedham Savings cares about our employees and our customers. Our concern includes wanting you to be in good health. For the safety of employees & customers, we have temporarily closed all banking lobbies, and ask customers to instead use a Drive-Up, an ATM, or digital banking. Locations with a Drive-Up include:
Dedham - 55 Elm Street
Norwood - 185 Central Street
Sharon - 45 S. Main Street
Walpole - 1428 Main Street
Westwood - 673 High Street
Please note that we have modified our Drive-Up hours to Monday-Friday 9:00-4:00 and Saturday 9:00-1:00.
We also have extra staff taking phone calls – if you need assistance, please call us at 781.329.6700. We really miss looking you in the eye, and patting you on the back and shaking your hand - but we always love talking with you over the phone and seeing you at our Drive-Up windows. It’s still us – we are still here, still grateful for you.
Rest assured that we will be available to you for your banking needs. Banks are considered an “Essential Service” and we will continue to serve you through our Drive Ups, ATMs, and Digital Banking.
We understand that, due to situations directly related to the coronavirus, some business or individual customers may find themselves facing financial difficulties. Dedham Savings is here to work with you, and we encourage impacted customers to contact us to discuss how we might be of assistance.
The SBA (Small Business Administration) provides low-interest disaster loans to help businesses and homeowners recover from declared disasters. Visit their special website to learn about federal disaster loans for businesses, private nonprofits, homeowners, and renters.
The SBA also acknowledges that small businesses are facing an unprecedented economic disruption due to the COVID-19 outbreak. View additional SBA resources available under the CARES Act, which contains $376 billion in relief to American workers and small businesses.
The Payroll Protection Plan is an SBA loan that helps businesses keep their workforce employed during the COVID-19 crisis, by providing funds to pay up to 8 weeks of payroll costs, including benefits. Visit our special Payroll Protection Program page for information and instructions.
As part of the economic package in the wake of COVID-19, many individuals can expect to receive an Economic Impact Payment. Payments will begin in the next several weeks and will be distributed automatically, with no action required for most people. The payment will appear as a standard tax refund payment by Automated Clearing House (ACH) into the account typically used to receive tax refunds. For full details, read helpful FAQs from the IRS. We also urge customers to be wary of fraudsters at this time!
For customers with CDs (Certificates of Deposit) who may need emergency access to their funds prior to maturity, we are temporarily allowing penalty-free withdrawals. Contact Us to learn how.
We continue to support local community organizations through Bank donations, as well as through grants from the Dedham Savings Community Foundation. In the wake of the impact caused by COVID-19, the Dedham Savings Community Foundation has pledged $25,000 in grants to support local food pantries in communities served by the Bank.
We want to remind you about our online and remote banking services. Transferring money, depositing checks, paying bills electronically, and many other services provided to you in our branches are also available to you securely from the safety of your home or business. Click here to learn more about these services.
If you need help signing up for, or using, any of these services, please contact us via:
During business hours: 800-462-1190 or 781-329-6700
After business hours: 888-289-0342
On www.dedhamsavings.com click the "Chat" button at the top of the page
Inside Online Banking, on the "Customer Service" tab, under "Contact Options," click "Contact Us" and follow prompts
Please note that we're taking extra care to monitor and replenish cash in our ATM's to meet customer needs. We’ve also increased the amount of cash you can withdraw from an ATM. In addition, you can also recieve cash back during some debit transactions, and you can use services like Mobile Wallet, Debit Card, and Bill Pay to make non-cash payments. You can also complete many transactions at ATMs.
To assure smooth banking transactions, we have automatically increased the amount that you can spend using your Debit Card, and have also increased the amount of money you can withdraw from an ATM. To protect your accounts, be sure to use Card Controls through our Mobile Banking app. Click here to learn how to turn your card on and off, set transactions limits, and more.
Be aware that fraudsters often take advantage of events such as these. Be vigilant if you receive something that seems out of the ordinary. Review this helpful information from the Federal Trade Commission about specific coronavirus-related scams.
Dedham Savings provides both FDIC and DIF insurance, so your deposits with us are fully insured up to any amount! Regardless of what’s happening in the markets, you can rest assured your deposits are safe and secure.
Learn more about FDIC Insurance and DIF insurance.
We thank you for choosing Dedham Savings, and please know that we will continue to monitor this situation and will take additional steps as needed to continually safeguard our employees and customers.
By clicking "Continue" below, you will enter a privately owned web site created, operated and maintained by a private business or organization. Before using this link, please be advised of the following:
Dedham Savings does not endorse or guarantee the products, information, or recommendations provided by linked sites and the Bank is not liable for any products or services advertised on these sites.
Any linked site may provide less security than the Dedham Savings' website.