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New Belmont Savings Bank Opens In Waltham

New bank is located inside a supermarket.

[Editor's note: this story was corrected to reflect the fact that the new Belmont Savings Bank opens Tuesday instead of Monday.]

A new branch of Belmont Savings Bank will be open for business tomorrow, Tuesday.

The branch is located in the Shaw's supermarket at 1070 Lexington St. is a full service bank, two ATMs and a night drop box, according to a press release. 

A grand opening will be held on June 1 while a barbeque will be held on June 2.

“We are very excited to open our first new branch in 10 years in Waltham.  said Belmonst Savings Bank President and CEO Bob Mahoney.  “In addition, our focus on community involvement makes Waltham the perfect town for our expansion."

Since converting to a stock-owned company, Belmont Savings has focused on opening new branches in Watertown, Belmont and Waltham. There are now five branches among the three communities.

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