NORTH SHORE BANK HISTORY
- Bank Name:North Shore Bank
- Bank Class:State Savings Bank
- Member FDIC:Certificate #26484
- Locations:15 Branches in 2 states
North Shore Bank was founded on January 1, 1888 and has been serving the financial needs of their customers for over 136 years.
North Shore Bank currently operates with 15 branches located in 2 states as a subsidiary of North Shore Bancorp. Check below for important events in banks history.
IMPORTANT EVENTS IN BANKS HISTORY
Below is a list of some important events in the history of North Shore Bank, including mergers and acquisitions.
DATEEVENT
01-01-1888Institution established but was not FDIC insured. Original name: The George Peabody Co-operative Bank.
01-10-1986Became FDIC insured.
01-10-1986Changed Primary Federal Regulatory Agency to Fdic.
05-30-1992Acquired Newburyport Co-operative Bank (26584) in Newburyport, MA.
10-01-1996Changed Institution Name to North Shore Bank, a Co-operative Bank.
04-02-1998Changed Organization Type to Cooperative Bank Stock.
09-01-2014Acquired Saugusbank, a Co-operative bank (26574) in Saugus, MA.
09-01-2014Main Office moved to 248 Andover Street, Peabody, MA 01960.
11-01-2015Acquired Merrimac Savings Bank (90240) in Merrimac, MA.
10-01-2019Acquired Beverly Bank (26601) in Beverly, MA.
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