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Working at Belmont Savings Bank

Zippia score 4.3

Overview

Revenue

Reviews

DemographicsCompetitorsCEO & Executives

Belmont Savings Bank overview

Industry
Finance
Revenue
$103.3M
Headquarters
Employees
133
Founded in
Organization type
Public
CEO
Robert M. Mahoney
BSB Bancorp, Inc. operates as the holding company for Belmont Savings Bank that provides commercial and retail banking services to small businesses, municipalities, and other customers in the United States. Its deposit products include relationship checking accounts for consumers and businesses, passbook and statement savings accounts, certificates of deposit, money market accounts, interest on lawyer trust accounts, and individual retirement accounts, as well as commercial, municipal, and regular checking accounts. The company s loan portfolio comprises one to four family residential mortgage loans, commercial real estate loans, multi-family real estate loans, home equity lines of credit, indirect automobile loans, commercial business loans, construction loans, other consumer loans, and second mortgage loans. As of February 09, 2017, it operated six full-service branch offices located in Belmont, Watertown, Cambridge, Newton, and Waltham in Southeast Middlesex County, Massachusetts. The company was incorporated in 2009 and is headquartered in Belmont, Massachusetts.
The staff at Belmont Savings Bank come from unusually diverse demographic backgrounds. The company is 68.5% female and 36.7% ethnic minorities. Despite its diversity in other areas, Belmont Savings Bank employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 75.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Belmont Savings Bank has great employee retention with staff members usually staying with the company for 5.8 years.
Belmont Savings Bank is a small finance company based in Massachusetts with only 133 employees and an annual revenue of $103.3M.

Belmont Savings Bank's mission statement

To be the bank of choice in our communities without boundaries.

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The team at Belmont Savings Bank

  • The key people at Belmont Savings Bank is Robert M. Mahoney.
Key people
Robert M. Mahoney

Belmont Savings Bank rankings

Belmont Savings Bank is ranked #65 on the Best Finance companies to work for in Massachusetts list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Belmont Savings Bank diversity

9.6
Diversity score
We calculated Belmont Savings Bank’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Belmont Savings Bank’s workforce.
Belmont Savings Bank diversity summary. Zippia estimates Belmont Savings Bank's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Belmont Savings Bank's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Belmont Savings Bank's workforce.
  • Belmont Savings Bank has 133 employees.
  • 68% of Belmont Savings Bank employees are women, while 32% are men.
  • The most common ethnicity at Belmont Savings Bank is White (63%).
  • 17% of Belmont Savings Bank employees are Hispanic or Latino.
  • 9% of Belmont Savings Bank employees are Asian.
  • The average employee at Belmont Savings Bank makes $38,770 per year.
  • Belmont Savings Bank employees are most likely to be members of the democratic party.
  • Employees at Belmont Savings Bank stay with the company for 5.8 years on average.

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Belmont Savings Bank financial performance

9.9
Performance score

Highest paying Belmont Savings Bank competitors

Compare Belmont Savings Bank salaries to competitors, including Ben Franklin Financial, Inc., First State Insurance, LLC, and Western Bank. Employees at Ben Franklin Financial, Inc. earn the highest average yearly salary of $59,011. The salaries at First State Insurance, LLC average $58,838 per year, and the salaries at Western Bank come in at $58,733 per year.
RankCompanyAverage salaryJobs
1$59,0110
2$58,8380
3$58,7330
4$58,6120
5$58,5960
6$51,0280
7$45,5590
8$42,0540
9$42,0440
10$38,9420
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    Updated March 14, 2024

    Zippia gives an in-depth look into the details of Belmont Savings Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Belmont Savings Bank. The employee data is based on information from people who have self-reported their past or current employments at Belmont Savings Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Belmont Savings Bank. The data presented on this page does not represent the view of Belmont Savings Bank and its employees or that of Zippia.

    Belmont Savings Bank may also be known as or be related to BSB BANCORP INC., BSB Bancorp Inc, BSB Bancorp, Inc. and Belmont Savings Bank.