TEXT ALERT: Area residents have received texts that appear to be from Dedham Savings. The texter states they are verifying potential fraud on the user’s account. If you receive a text from Dedham Savings, please call the Bank directly at (781) 329-6700. Remember, Dedham Savings will never text/call you and request your Debit Card Number or PIN, Online Banking credentials, or other personal info. Don’t give out your banking credentials to anyone! Contact Us if you think you’ve been targeted by this scam.

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Small Business Loans at Below Market Rates

Dedham Savings is participating in a special program offered through the Federal Home Loan Bank (FHLB) of Boston, which provides loans to small businesses at below market fixed rates.

This special program, called Jobs for New England, offers below market fixed rate financing for small business loans that create or preserve jobs, expand woman-owned, minority-owned, or veteran-owned businesses, or otherwise stimulates the economy in New England communities.

Under the Jobs for New England program, borrowers must qualify as a small business as defined by the Small Business Act (15 USC 632(a)). Additionally, loans under this program must meet job creation or economic development requirements.


  • Add new jobs
  • Save existing jobs
  • Expand a minority, woman or veteran owned business
  • Modernize or upgrade a business’s facility to meet health, safety, or environmental requirements
  • Improve, diversify, or stablilize the economy of a community
  • Stimulate other business developments

To find out if your small business qualifies for this special program, and for additional program details and restrictions, contact a member of our Business Lending Team.

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