Dorchester, MA — Cambridge Savings Bank (CSB) has opened its newest branch in the heart of Dorchester at 734 Dudley Street. This marks CSB’s 19th physical location and represents a strategic expansion into one of Boston’s most vibrant and diverse neighborhoods.
With nearly 200 years of service behind it, CSB is bringing its people-first philosophy and deep community commitment to Dorchester, aiming to deliver tailored banking solutions to both individuals and small businesses.
A Community Bank for a Community That Matters
“Expanding into Dorchester is a strategic step in our ongoing efforts to reach communities with critical financial support,” said Ryan Bailey, President and CEO of Cambridge Savings Bank. “By establishing a presence here, we’re not just opening a bank branch—we’re opening doors of opportunity for local residents and businesses to access personalized tools, build economic resilience, and achieve their goals.”
The new branch offers a full suite of banking services, including checking and savings accounts, lending solutions, small business banking, and financial planning. But more than that, it aims to serve as a hub for long-term economic empowerment.
Celebrating with the Community
Ahead of the official branch launch, CSB hosted a celebratory event on April 22 at the historic Strand Theatre. The evening brought together community members, local entrepreneurs, and public officials, including State Representative Christopher Worrell of the 5th Suffolk District.
“Dorchester is a proud and resilient community, rich in culture and deeply rooted in tradition,” said Worrell. “Cambridge Savings Bank’s arrival marks an important moment for our neighborhood. As the first true community bank to establish a presence here, CSB understands our values and is committed to investing in the long-term success of our residents and small businesses.”
Banking Meets Financial Empowerment
What sets CSB apart is its robust focus on financial literacy. The Dorchester branch will serve as a local center for financial education, providing workshops and one-on-one guidance for residents and business owners alike.
Through CSB’s Financial Education Programs, individuals can learn practical strategies for budgeting, saving, and managing credit. For small businesses, the bank offers training on cash flow management, funding, fraud prevention, and marketing—giving entrepreneurs the tools to grow sustainably.
“Opening a branch in Dorchester allows us to offer accessible financial resources, insightful guidance, and robust financial education programs in a community where we can make a tangible difference,” said Carol Sexton, Head of Retail Banking at CSB. “We aim to turn everyday aspirations into meaningful accomplishments and foster long-term economic growth.”
