Belmont Savings Bank will partner with Shaw’s Supermarkets to open two new full service in-store branches in Cambridge and Newton.

The branches will open at the Star Market at 699 Mount Auburn St., Cambridge and 33 Austin St., Newtonville, in the second and third quarters this year.

The Belmont branches will be located inside both supermarkets and will bring the bank’s total number of branches to seven. Both branches will have state of the art technology, five to six staff, and two offices to meet and work with customers.

"Not only do consumers and businesses want convenience, but they also want the same technology and products of the big banks. These full service branches provide all the products of the big bank, the local commitment of a community bank and the convenience of doing your banking while you are doing your shopping. It is a real win-win for everyone," Hal Tovin, Executive Vice President and Chief Operating Officer of Belmont Savings Bank, said in a statement.