Granite Savings Bank

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Welcome to Granite Savings Bank!
We are a state-chartered mutual savings bank, founded in 1884. We are located in Rockport, Massachusetts and serve the Cape Ann communities of Rockport and Gloucester. Rockport is located approximately 35 miles northeast of Boston and is a well known tourist destination featuring numerous art galleries and cultural events along the beautiful Atlantic coastline. Rockport is also home to Motif #1, a world famous building located in the harbor that has been the subject of many paintings and seascapes. Please visit Rockport at www.rockportusa.com.

We work hard to provide you with the personal service you expect but may not find in larger banks. The Federal Deposit Insurance Corporation (FDIC) insures all of our deposits. Deposit balances in excess of FDIC limits are insured by the Depositors Insurance Fund.
We offer an ever-expanding line of basic personal financial products. Our primary lending products are residential mortgage loans on owner-occupied properties located on Cape Ann. We offer a variety of loan programs tailored to your individual needs and budget. Our processing and underwriting guidelines are flexible and we provide prompt and professional service throughout the process. On the deposit side, we offer a variety of low-cost, interest-bearing checking accounts along with money market accounts, statement savings and passbook savings accounts, and certificates of deposit for terms ranging from three months to five years. Many of our mortgage programs are linked with an automatic payment from a Granite Savings Bank statement savings or checking account.
We hope that you find this site informative and that you will try our online banking service. Please stop by, call or E-mail us for information regarding our products and services. We look forward to meeting and talking with you soon.
Beginning January 1, 2010 Granite Savings Bank will no longer participate in the FDICs Transaction Account Guaranty Program. Thus, after December 31, 2009, funds held in non-interest bearing transaction accounts will no longer be guaranteed in full under the Transaction Account Guaranty Program, but will be insured up to $250,000 under the FDICs general deposit insurance rules.