North Shore Bank, a Co-operative Bank is headquartered in Peabody and is the 50th largest bank in the state of Massachusetts. It is also the 903rd largest bank in the nation. It was established in 1888 and as of March of 2019, it had grown to 142 employees at 12 locations. North Shore Bank, a Co-operative Bank's money market rates are 5X the national average, and it boasts an A+ health rating.
Best Bank In Massachusetts
The slogan for this bank is "well north of your expecations", it lives up to its slogan.
I feel like a person, they answer their own telephones, return telephone calls, and if they don't know, they find someone who does.
I have a checking, savings, and my IRA accounts there and wouldn't take it anywhere else.
Data as of Q1 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 26484 |
| Year Established | 1888 |
| Employees | 142 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.8% |
| Return on Equity - YTD | 7.25% |
| Annual Interest Income | $9.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $864.3MM$833.5MM |
| Loans | Q1 2019vs Q1 2018 | $697.7MM$684.0MM |
| Deposits | Q1 2019vs Q1 2018 | $698.8MM$664.6MM |
| Equity Capital | Q1 2019vs Q1 2018 | $96.7MM$89.4MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $8.6MM$7.6MM |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $4.2MM$1.7MM |
| Real Estate Owned | Q1 2019vs Q1 2018 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not North Shore Bank, a Co-operative Bank; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
North Shore Bank, a Co-operative Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | $10 | - | Statement Savings | |
| 0.05% | $10 | - | Passbook Savings |
North Shore Bank, a Co-operative Bank Money Market Rates
North Shore Bank, a Co-operative Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | $10 | - | Advantage Checking Account | |
| 0.05% | $10 | - | Interest Checking | |
| 0.05% | $10 | - | Business Interest Checking |
North Shore Bank, a Co-operative Bank CD Rates
North Shore Bank, a Co-operative Bank IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.03% | $250 | - | 60 Month IRA | |
| 1.43% | $250 | - | 48 Month IRA | |
| 1.03% | $250 | - | 36 Month IRA | |
| 0.78% | $250 | - | 12 Month IRA | |
| 0.78% | $250 | - | 18 Month IRA | |
| 0.78% | $250 | - | 24 Month IRA |
