Lowell Five has been providing financial solutions for cities and towns for over 165 years. This experience and our roots in the community give us a deep understanding of the needs of the communities we serve.
We offer a full array of deposit, investment, and cash management options for municipalities, including free business checking. We’ll tailor a deposit relationship that prioritizes security, convenience, and control.
With our long history, a five-star rating from Bauer Financial, and one of the strongest capitalizations of Massachusetts savings banks, you can expect a long-term, stable banking relationship with Lowell Five. All deposits are insured in full by both the Federal Deposit Insurance Corporation and the Depositors Insurance Fund.
Municipal Services include:
- Vendor Account
- Payroll Account
- Operating Account
- Special Product Account
- Sweep Account
- Savings Account
- High-Yield Money Market Account
- Certificates of Deposits
Beyond banking products
An integral part of daily town business
Pamela MacKenzie, Treasurer / Collector- Wilmington, MA
Lowell Five's generosity and support of this community, it's businesses, residents, and local organizations goes above and beyond being just a bank. Lowell Five fits right in with our Small Town - Big Family feel.
Maria Garay Dodd, Assistant Vice President / Branch Manager - Wilmington
Being able to support and be part of the Wilmington Community is how lasting relationships are built. I am proud to be part of this gratifying experience.