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North Shore Bank history
North Shore Bank company history timeline
In 1938, the bank's directors decided to change its charter from that of a state bank to that of a national bank.
In 1970, it was announced that the Peabody Co-operative Bank and the Danvers Co-operative Bank would consolidate into a single bank.
4 Chicago Banks Join Forces | SPECIAL TO The New York Times Published: May 20, 1982
In 1982, George Peabody Co-operative Bank again merged with another prominent area financial institution, this time the Roger Conant Co-operative Bank headquartered in Salem.
Consequently, in 2007 a new Corporate Headquarters was built on Andover Street, Route 114 in Peabody, and later that year David J. LaFlamme was named President of the bank.
In 2014, North Shore Bank and Saugusbank, a Co-operative Bank, entered into a definitive agreement to merge.
In November of 2015, North Shore Bank and Merrimac Savings Bank announced the completion of their merger.
In 2016, North Shore Bank announced that Chief Executive Officer, David J. LaFlamme would retire after a 40-year banking career, and he would be succeeded by the Bank's President, Kevin M. Tierney, Sr., who would assume the role of President and Chief Executive Officer.
In 2019, North Shore Bank merged with Beverly Bank, bringing the bank’s total assets to $1.4 billion, with eighteen full-service branches throughout Essex County and southern New Hampshire.
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North Shore Bank competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Commerce Bank | 1865 | $1.4B | 4,766 | 142 |
| Bank Five Nine | 1859 | $60.8M | 169 | 23 |
| Johnson Financial Group | 1970 | $330.0M | 1,100 | 27 |
| Dollar Bank Federal Savings Bank | 1855 | $276.9M | 1,400 | - |
| AnchorBank fsb | 1918 | $200.0M | 690 | - |
| Regions Bank | 1971 | $3.8B | 19,969 | 897 |
| U.S. Bank | 1863 | $202.1M | 70,000 | 2,462 |
| First Midwest Bank | 1940 | $548.3M | 2,074 | 5 |
| Bank of America | 1998 | $85.5B | 200,000 | 5,759 |
| Fifth Third Bank | 1858 | $7.7T | 19,846 | 1,275 |
North Shore Bank history FAQs
Zippia gives an in-depth look into the details of North Shore Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about North Shore Bank. The employee data is based on information from people who have self-reported their past or current employments at North Shore Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by North Shore Bank. The data presented on this page does not represent the view of North Shore Bank and its employees or that of Zippia.
North Shore Bank may also be known as or be related to North Shore Bank, North Shore Bank FSB, North Shore Bank, F S B, North Shore Bank, FSB and North Shore Bank, FSB (Wisconsin).