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North Shore Bank (MA)


Overview / Commentary
northshore-bank.com
978-532-4200
248 Andover Street
Peabody, MA 01960

North Shore Bank (MA) is headquartered in Peabody and is the 34th largest bank in the state of Massachusetts. It is also the 664th largest bank in the nation. It was established in 1888 and as of March of 2021, it had grown to 192 employees at 17 locations. North Shore Bank (MA) has an A+ health rating.

Reviews (1)

Best Bank In Massachusetts

Posted by: |

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.

 

 

 

2


Health
A+

Data as of Q1 2021

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #26484
Year Established1888
Employees192
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.01%
Return on Equity - YTD9.71%
Annual Interest Income$13.9MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$1.55B$1.38B
LoansQ1 2021vs Q1 2020$1.12B$1.14B
DepositsQ1 2021vs Q1 2020$1.36B$1.16B
Equity CapitalQ1 2021vs Q1 2020$161.3MM$148.2MM
Loan Loss AllowanceQ1 2021vs Q1 2020$15.7MM$10.9MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$5.4MM$7.0MM
Real Estate OwnedQ1 2021vs Q1 2020$0$475.00K
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
0.37%*$2.5m*-Indexed Money Market
OTHER TIERS: 0.15% → Up to $150k | 0.30% → $150k - $350k | 0.31% → $350k - $500k | 0.33% → $500k - $1m | 0.36% → $1m - $2.5m
0.37%*$2.5m*-Business Indexed Money Market
OTHER TIERS: 0.15% → Up to $150k | 0.30% → $150k - $350k | 0.31% → $350k - $500k | 0.33% → $500k - $1m | 0.36% → $1m - $2.5m
0.30%*$75k*-Premier Money Market
OTHER TIERS: 0.10% → $10 - $20k | 0.20% → $20k - $75k
0.15%*$10k*-Commercial Money Market
OTHER TIERS: 0.05% → Up to $10k
0.15%*$25k*-Money Market Accounts
OTHER TIERS: 0.10% → $10 - $25k

North Shore Bank (MA) 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 (MA) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$1k-60 Month CD
0.80%$1k-48 Month CD
0.70%$1k-36 Month CD
0.55%$1k-24 Month CD
0.45%$1k-18 Month CD
0.35%$1k-12 Month CD
0.25%$1k-6 Month CD

North Shore Bank (MA) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$250-60 Month IRA
0.80%$250-48 Month IRA
0.70%$250-36 Month IRA
0.55%$250-24 Month IRA
0.45%$250-18 Month IRA
0.35%$250-12 Month IRA
Locations

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