Open an Account

Thanks for your interest in opening a new account at Dedham Savings.

We’re a bank, so financial security is very important to us. That means there’s some fine print for you to read before we get started – but the entire process from start to finish should only take you about 10-15 minutes. We look forward to being your new bank!

Please Note: Online account opening is available to MA and RI residents only.


On September 11, 2001, our lives changed forever. In an effort to protect you and our country, the USA PATRIOT Act was signed into law. To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.

We proudly support all efforts to protect and maintain the security of our customers and our country. So when you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may ask to see your driver's license or other identifying documents.

You authorize Dedham Savings to obtain a consumer report on you for the purpose of verification of your identity and information that you have provided to us. Upon our request, you agree to provide personal identification, such as a driver's license, when conducting certain transactions.


Section 101(c)(1) of Title I of the Electronic Signatures in Global and National Commerce Act allows financial institutions to issue electronic records to a consumer after obtaining the consumer's affirmative consent. You should know that:

  • Our Deposit Product disclosures are available in both electronic and paper form.
  • You may obtain paper copies of our Deposit Product disclosures, free of charge and at any time, upon request at any of our branches, by letter or by e-mail.
  • Consent to receive electronic disclosures applies only to your application for a Dedham Savings Deposit Account. Other disclosures may be provided in paper form as necessary.
  • You may withdraw your consent to receive electronic disclosures or update information needed to contact you by notifying us, in writing at Dedham Savings, PO Box 9107, Dedham, MA 02027-9107 or by e-mail at
  • In order to receive our electronic disclosures, you will need "Adobe Acrobat Reader" software installed on your computer and a printer installed. (Note: A link to download Adobe Acrobat Reader software for free will be contained on the webpage presented to you upon submission of this application) 

On each checking or savings account, the bank may obtain any credit reference necessary but not limited to ChexSystems. The bank reserves the right to enforce a limit of one Reward Checking account per customer.

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I have read and understand my rights as described above. By clicking the "Start" button, I authorize Dedham Savings to provide all required disclosures in electronic form. I assert that my computer system is capable and ready to receive said disclosures.