North Shore Bank (MA)


Overview / Commentary
978-532-4200
248 Andover Street
Peabody, MA 01960

North Shore Bank (MA) is headquartered in Peabody and is the 47th largest bank in the state of Massachusetts. It is also the 892nd largest bank in the nation. It was established in 1888 and as of June of 2019, it had grown to 145 employees at 12 locations. North Shore Bank (MA)'s money market rates are 4X the national average, and it boasts an A+ health rating.

Reviews (1)

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.

 

 

 



Health
A+

Health Grade Components

Overall
FDIC Certificate #26484
Year Established1888
Employees145
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.73%
Return on Equity - YTD6.59%
Annual Interest Income$19.0MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$894.1MM$848.4MM
LoansQ2 2019vs Q2 2018$709.9MM$683.5MM
DepositsQ2 2019vs Q2 2018$734.5MM$686.0MM
Equity CapitalQ2 2019vs Q2 2018$98.4MM$91.4MM
Loan Loss AllowanceQ2 2019vs Q2 2018$8.9MM$7.9MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$2.9MM$2.1MM
Real Estate OwnedQ2 2019vs Q2 2018$475.00K$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not North Shore Bank (MA); 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 (MA) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$10-Statement Savings
0.05%$10-Passbook Savings

North Shore Bank (MA) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.78%*$1m*$2.5mIndexed Money Market
OTHER TIERS: 0.15% Up to $150k | 0.38% $150k - $350k | 1.21% $350k - $500k | 1.53% $500k - $1m
1.78%*$1m*-Business Indexed Money Market
OTHER TIERS: 0.15% Up to $150k | 0.38% $150k - $350k | 1.21% $350k - $500k | 1.53% $500k - $1m
1.05%*$75k*-Premier Money Market
OTHER TIERS: 0.00% Up to $20k | 0.10% $20k - $75k
0.25%*$25k*-Money Market Accounts
OTHER TIERS: 0.10% $10 - $25k
0.20%*$10k*-Commercial Money Market
OTHER TIERS: 0.05% Up to $10k

North Shore Bank (MA) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$50k*-Interest Checking
OTHER TIERS: 0.00% $10 - $50k
0.05%$10-Advantage Checking Account
0.05%$10-Business Interest Checking

North Shore Bank (MA) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.03%$1k-60 Month CD
1.80%$1k-6 Month CD
1.75%$1k-12 Month CD
1.43%$1k-48 Month CD
1.03%$1k-36 Month CD
0.78%$1k-18 Month CD
0.78%$1k-24 Month CD

North Shore Bank (MA) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.03%$250-60 Month IRA
1.75%$250-12 Month IRA
1.43%$250-48 Month IRA
1.03%$250-36 Month IRA
0.78%$250-18 Month IRA
0.78%$250-24 Month IRA
Locations

Availability



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