Savings Bank of Walpole is a state chartered mutual savings bank insured by the Federal Deposit Insurance Corporation (FDIC). We are a financial institution like no other in our market, a financial institution without a shareholder, a mutual bank. Here today, and prepared for tomorrow. Providing the best in banking values — we are your advocate. The bank was established in 1875 for the purpose of promoting thrift and providing a safe depository for the funds of the residents of Walpole and the surrounding New Hampshire and Vermont towns.