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

North Shore Bank, a Co-operative Bank is headquartered in Peabody and is the 48th largest bank in the state of Massachusetts. It is also the 897th largest bank in the nation. It was established in 1888 and as of September of 2018, it had grown to 138 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.

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
Employees138
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.85%
Return on Equity - YTD7.86%
Annual Interest Income$26.0MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$855.4MM$815.1MM
LoansQ3 2018vs Q3 2017$690.9MM$655.4MM
DepositsQ3 2018vs Q3 2017$691.2MM$657.4MM
Equity CapitalQ3 2018vs Q3 2017$93.0MM$88.0MM
Loan Loss AllowanceQ3 2018vs Q3 2017$8.1MM$7.1MM
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$2.2MM$3.7MM
Real Estate OwnedQ3 2018vs Q3 2017$135.00K$0
Rates
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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

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

North Shore Bank, a Co-operative Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.11%*$1m*$2.5mIndexed Money Market
OTHER TIERS: 0.15% Up to $50k | 0.38% $50k - $150k | 1.36% $150k - $350k | 1.71% $350k - $500k | 1.98% $500k - $1m
1.76%*$75k*-Premium Money Market
OTHER TIERS: 0.15% Up to $20k | 1.32% $20k - $75k
0.25%*$25k*-Money Market Accounts
OTHER TIERS: 0.10% $10 - $25k
0.20%*$10k*-Business Money Market
OTHER TIERS: 0.05% Up to $10k

North Shore Bank, a Co-operative Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.85%$1k-30 Month CD Special
2.70%$1k-20 Month CD Special
2.40%$1k-14 Month CD Special
2.25%$1k-7 Month "No Catch" CD Special
2.00%$1k-60 Month CD
1.40%$1k-48 Month CD
1.00%$1k-36 Month CD
0.75%$1k-12 Month CD
0.75%$1k-18 Month CD
0.75%$1k-24 Month CD
0.30%$1k-6 Month CD

North Shore Bank, a Co-operative Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.85%$1k-30 Month IRA Special
2.40%$1k-14 Month IRA Special
2.00%$250-60 Month IRA
1.40%$250-48 Month IRA
1.00%$250-36 Month IRA
0.75%$250-12 Month IRA
0.75%$250-18 Month IRA
0.75%$250-24 Month IRA
Locations

Availability



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