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Bsb Bancorp, Inc.  (BLMT)
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    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial

Bsb Bancorp, Inc.

Business Description


BSB Bancorp, Inc. is a publicly traded bank holding company that operates as the parent company of Belmont Savings Bank, a community bank based in Belmont, Massachusetts. The company was founded in 1885 and has since become a trusted financial institution serving individuals, families, and businesses in the Greater Boston area.

As of its most recent financial statements, BSB Bancorp, Inc. has total assets worth several hundred million dollars, evidencing its strong financial standing. It operates through a network of branches strategically located across the region, ensuring convenient access to its comprehensive range of banking products and services.

Belmont Savings Bank, the subsidiary of BSB Bancorp, Inc., provides a wide array of financial solutions tailored to meet the diverse needs of its customers. These offerings include personal banking services, such as different types of accounts (savings, checking, money market), loans (including mortgages, personal loans, and auto loans), and wealth management services (retirement planning, investment management, trust services).

Additionally, Belmont Savings Bank offers a comprehensive suite of commercial banking services to assist businesses of all sizes. These services encompass business checking accounts, business savings accounts, cash management solutions, commercial real estate loans, construction loans, and lines of credit, among others. The bank prides itself on its strong commitment to building lasting relationships with its business customers to help them grow and thrive.

BSB Bancorp, Inc. places significant importance on community involvement and actively supports various local initiatives and organizations. It seeks to contribute to the economic development and overall well-being of the communities it serves.

Throughout its long history, BSB Bancorp, Inc. has adhered to sound banking practices and maintained a strong focus on customer service and satisfaction. The company aims to provide exceptional banking experiences with friendly, knowledgeable staff who prioritize giving personalized attention to each customer.

Overall, BSB Bancorp, Inc. is a reputable and well-established bank holding company that boasts a solid financial position, a comprehensive range of banking services, and a commitment to its customers and communities.



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