Beverly Bank

Status:Inactive as of 2019-10-01
 Absorption - Without Assistance
Successor Bank:North Shore Bank, a Co-operative Bank
Headquarters:Beverly Bank
254 Cabot Street
Beverly, MA 01915
Established:1888-01-01
FDIC Insurance:1986-03-25
FDIC Cert:#26601
Charter Class:Savings banks, state charter, supervised by the FDIC
# of Branches:7
Total Assets:$502,198,000
Total Deposits:$434,440,000

History

1888-01-01Institution established but was not FDIC insured. Original name: Beverly Co-operative Bank
1986-03-25Became FDIC insured.
2003-10-24Changed organization type to COOPERATIVE BANK STOCK
2003-10-24Reorganized.
2014-03-17Changed name to Beverly Bank
2019-10-01Merged into and subsequently operated as part of North Shore Bank, a Co-operative Bank (26484) in PEABODY, MA

Financial Information (2019-09-30 and Older)