Bridgewater Savings Bank offers numerous personal banking services, including the ability to open checking and savings accounts, process transactions through online banking and obtain a line of credit through a home equity loan. The bank offers similar services for business customers, including checking accounts, loans for leasing commercial property and retirement planning.
Personal banking options at Bridgewater Savings Bank focus on traditional checking and savings accounts, each of which allows customers to deposit money and access it through checks or a debit card. Customers can create an account with the bank's website to make transfers between accounts, review their recent transaction history, make online bill payments and manage personal details. The bank offers individual customers several types of loan services, including home equity loans and mortgages. Customers can manage these credit lines and make payments through an online account as well.
Business customers also have access to checking accounts, which include higher deposit and withdrawal thresholds than personal accounts in exchange for different fees. It is possible to open a business money market account with the bank, wherein the bank invests a portion of the business's funds. Businesses may also take out loans from the bank to cover operating and startup costs or receive financing to rent or purchase commercial properties. The bank also helps businesses set up retirement accounts for its employees.