MSB Blog

Dear Valued Customers and Community Members,

I want to take a moment to reassure you that money deposited with Monson Savings Bank is safe and protected. You can have confidence in choosing Monson Savings Bank as your trusted financial partner for the following reasons.

We are financially strong & sound.

Monson Savings Bank is a financially sound institution. We’ve been around for 150 years as a local, community financial institution. In fact, the last few years have been some of our strongest in history. Monson Savings Bank remains well-capitalized and well-positioned to continue to serve our customers and community.  

We are 5-Star Rated.

Additionally, Monson Savings Bank has received the 5-star “Superior” rating by Bauer Financial, an independent rating agency. Bauer rates and recommends financial institutions based on their financial health and performance. For more information, visit the Bauer Financial website.  

Your deposits are 100% fully insured.

100% of deposits held with Monson Savings Bank are FULLY INSURED through the FDIC and DIF. Each depositor is insured by the FDIC to at least $250,000. All deposits above the FDIC insurance amount are insured by the Depositors Insurance Fund (DIF). Have peace of mind knowing that no depositor has ever lost a penny in a bank insured by both the FDIC and the DIF.

DIF insurance coverage requires no applications or special forms. Depositors automatically receive this added insurance benefit at no cost whenever they make a deposit to a new or existing account at a DIF member bank.

Learn more about DIF coverage: www.difxs.com/DIF/Home

Learn more about FDIC coverage: www.fdic.gov

We encourage you to reach out with questions, to call us during business hours at 413-267-4646, to visit any of our branch locations, or to contact us through our secure website form.

Sincerely,

Dan Moriarty
President & CEO
Monson Savings Bank