Community bank with 140 years of history serving the Ohio Valley, offering personal and business banking, loans, mortgages, and digital services.
Data compiled from public sources · Rating from CreditDoc methodology
Belmont Savings Bank (BSB) is a locally-rooted community bank headquartered in Bellaire, Ohio, with a 140-year history of serving the Ohio Valley region. The bank emphasizes personal relationships and localized decision-making, with leadership quotes highlighting the importance of human connection in their service model. They position themselves as an alternative to larger national banks by maintaining local staff and community involvement.
BSB offers a comprehensive range of banking products including personal and business checking accounts, savings vehicles (statement savings, Kasasa Saver, money market accounts, CDs, IRAs), debit and credit cards, and lending products (personal loans, auto loans, mortgages, home equity loans, business loans). They provide digital banking through online banking platforms, BSB Mobile app, digital wallet functionality, Zelle money transfer integration, and online bill pay. ).
Key distinguishing factors include their emphasis on community banking values, 140-year heritage, specialized first responder mortgage products, and integration of modern fintech solutions (Zelle, digital wallet, mobile banking) alongside traditional banking services. They offer Kasasa branded accounts with rewards features. The bank maintains FDIC-standard operations with published routing number (243270671) and NMLS number (408313), indicating regulatory compliance and transparency.
As a regional community bank, BSB is best suited for customers in the Ohio Valley who value local banking relationships and personalized service over large-scale institutional banking. However, as a smaller institution, they likely have more limited branch locations and service areas compared to national banks, and may not offer all specialized products available at larger competitors. Their focus on first responders and community lending suggests intentional positioning toward specific customer segments rather than broad market appeal.
Belmont Savings Bank processed 335 mortgage applications in 2023, approving 80.6% of applicants across 4 states.
335
Applications
80.6%
Approval Rate
$158K
Avg Loan
4
States Served
Based on 335 applications. Income in thousands (reported by applicant).
Source: CFPB Home Mortgage Disclosure Act (HMDA) Data, 2023. Applications include originated, approved, and denied loans.
Belmont Savings Bank offers 12 services including Personal checking accounts (Kasasa Cash, Kasasa Cash Back, Kasasa Tunes, Value Checking), Savings accounts (Kasasa Saver, Statement Savings, Christmas Club, Money Market accounts), Certificates of Deposit (CDs) with published rates, Individual Retirement Accounts (IRAs), Personal loans and auto loans, and 7 more.
Belmont Savings Bank is best suited for First responders (police, firefighters, EMTs, nurses) seeking mortgages with favorable terms and no PMI, Ohio Valley residents seeking community banking with local decision-making and personal relationships, Small business owners wanting local business banking with personalized service and relationship-based lending, First-time homebuyers in Ohio interested in specialized mortgage programs and down payment assistance.
Key strengths: 140-year history demonstrates longevity and community trust in the Ohio Valley region; First Responder Special Mortgage Program offers 0% down, 100% financing, and no PMI—eliminating major upfront homebuying barriers; Integrated digital services including Zelle, mobile app, digital wallet, and online bill pay offer modern banking convenience. Areas to consider: Limited geographic footprint as regional bank means fewer branch locations and ATMs compared to national banks; No information provided about competitive interest rates, APRs, or fee structures—crucial for comparing value.
In the Banks category, comparable providers include 1st National Bank, Bank419, Buckeye Community Bank. Each company has different strengths — compare services, pricing, and consumer complaint records to find the best fit.
CreditDoc Diagnosis
Belmont Savings Bank is best for Ohio Valley residents and first responders who prioritize local banking relationships and community involvement over maximum convenience or competitive rates. The main caveat is that as a regional institution, they have limited geographic reach, and their website provides insufficient pricing information to evaluate competitiveness against larger banks or online alternatives on rates, fees, and loan terms.
1st National Bank is a community bank based in Ohio offering checking, savings, credit cards, mortgages, and auto loans with local branch presence and online banking services.
Best for: Ohio residents seeking community banking with local branch relationships, First-time homebuyers interested in down payment assistance and specialized savings products
Bank419 (formerly Metamora State Bank) is a community bank offering checking, savings, loans, and credit cards with a focus on personalized service across three Ohio locations.
Best for: Small business owners in Ohio seeking personalized refinancing and lending relationships with local decision-makers, Customers in Metamora, Sylvania, and Maumee who prioritize face-to-face banking and community connection over digital convenience
FDIC-insured community bank serving Lorain County, Ohio with personal and business banking, mortgages, loans, and credit cards through multiple local branches.
Best for: Small to mid-sized businesses in manufacturing and agriculture sectors in Lorain County seeking relationship banking, Local individuals and families seeking traditional community bank services with in-person branch access
Answer 3 quick questions to see if this provider matches your needs.
1. What's your primary financial goal?
Your credit report contains the raw data behind your score. Learn what's in it, how to read it, and how to dispute errors that could be dragging your score down.
Read guide →Klarna, Afterpay, Affirm — they make spending easy. But what happens to your credit score when you use them? Here's what the fine print doesn't tell you.
Read guide →Learn what makes up your credit score, how it's calculated, what the ranges mean, and how to check yours for free.
Read guide →Affiliate Disclosure: CreditDoc may earn a commission when you click links to Belmont Savings Bank and other services. These commissions help us maintain our free research. Our editorial team independently evaluates all services. Compensation does not influence our ratings or rankings. Learn more.