About Belmont Savings Bank
Belmont Savings Bank is a company based in Belmont (United States) founded in 1885 was acquired by Peoples United Bank in November 2018.. Belmont Savings Bank operates in a competitive market with competitors including Truist, First Republic Bank, Equity Bank, Investec and UniCredit, among others.
- Headquarter Belmont, United States
- Stage Public
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Sectors
Financial Services
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Peoples United Bank
(Nov 27, 2018)
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Leadership Team
204 people
Software Development Team
92 people
Sales and Marketing
22 people
Legal and Compliance
19 people
Business Team
19 people
Finance and Accounting
17 people
Senior Team
14 people
Data Analysis and Operations Team
10 people
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Funding Insights of Belmont Savings Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Belmont Savings Bank
Belmont Savings Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Peoples United Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Commercial banking services are offered to individuals and businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Belmont Savings Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Belmont Savings Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Belmont Savings Bank Comparisons
Competitors of Belmont Savings Bank
Belmont Savings Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, First Republic Bank, Equity Bank, Investec and UniCredit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Wealth advisory and banking services are offered to clients.
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Commercial banking services are provided to businesses and individuals.
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Global banking, investment, and wealth management services are offered worldwide.
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Commercial bank
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| domain | founded_year | HQ Location |
Commercial banking and wealth management services are offered globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Belmont Savings Bank
Frequently Asked Questions about Belmont Savings Bank
When was Belmont Savings Bank founded?
Belmont Savings Bank was founded in 1885.
Where is Belmont Savings Bank located?
Belmont Savings Bank is headquartered in Belmont, United States. It is registered at Belmont, California, United States.
What does Belmont Savings Bank do?
Belmont Savings Bank was founded in 1885 in Belmont, United States, as a commercial bank serving the local area. Deposit accounts, personal and business loans, mortgage products, and basic financial advisory services are offered through branches and an online platform at belmontsavings.com. Operations emphasize community-focused banking within the regional economy, with regulatory compliance maintained under U.S. financial standards.
Who are the top competitors of Belmont Savings Bank?
Who are Belmont Savings Bank's investors?
Belmont Savings Bank has 1 investor. Key investors include Peoples United Bank.