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 32nd largest bank in the state of Massachusetts. It is also the 660th largest bank in the nation. It was established in 1888 and as of December of 2021, it had grown to 175 employees at 16 locations. North Shore Bank (MA) has 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
Employees175
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.96%
Return on Equity - YTD9.2%
Annual Interest Income$54.9MM
Assets and Liabilities
AssetsQ4 2021vs Q4 2020$1.64B$1.50B
LoansQ4 2021vs Q4 2020$1.16B$1.14B
DepositsQ4 2021vs Q4 2020$1.45B$1.31B
Equity CapitalQ4 2021vs Q4 2020$172.1MM$157.7MM
Loan Loss AllowanceQ4 2021vs Q4 2020$16.7MM$15.0MM
Unbacked Noncurrent LoansQ4 2021vs Q4 2020$4.8MM$7.1MM
Real Estate OwnedQ4 2021vs Q4 2020$0$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
0.25%*$2.5m*-Indexed Money Market
OTHER TIERS: 0.10% Up to $150k | 0.15% $150k - $350k | 0.17% $350k - $500k | 0.19% $500k - $1m | 0.22% $1m - $2.5m
0.25%*$2.5m*-Business Indexed Money Market
OTHER TIERS: 0.10% Up to $150k | 0.15% $150k - $350k | 0.17% $350k - $500k | 0.19% $500k - $1m | 0.22% $1m - $2.5m
0.20%*$75k*-Premier Money Market
OTHER TIERS: 0.05% $10 - $20k | 0.15% $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
0.40%$1k-18 Month CD
0.30%$1k-12 Month CD
0.20%$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
0.40%$250-18 Month IRA
0.30%$250-12 Month IRA
Locations

Availability



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