North Shore Bank, a Co-operative Bank
Part of Hometown Financial Group Mhc. This institution is no longer FDIC-active (merged, renamed, or closed). FDIC certificate #26484.
Total assets
—
Deposits
$2.7B
Q2 2026
Active branches
—
Closings since Jan 2020
5
1 openings since Jan 2020
Financial snapshot — Q2 2026
All quarters →Net income (quarter)
$7M
Return on assets
1.06%
Return on equity
7.15%
Noncurrent loan rate
0.58%
Deposits by year (Summary of Deposits)
12019
12020
12021
12022
12023
12024
22025
32026
Values in $ billions, June 30 of each year.
Closings by year
22020
22021
12024
Openings by year
12020
Other network changes since 2020
- 1 branch relocations
- 15 branches acquired through purchases or mergers
- February 6, 2026: legal name changed from “North Shore Bank, a Co-operative Bank” to “TruNorth Bank”
Recent closings
- North Shore Bank, a Co-operative Bank — Beverly, MAbank exits city254 CABOT ST · closed September 20, 2024
- North Shore Bank, a Co-operative Bank — Peabody, MAbank exits city167 WASHINGTON ST · closed February 25, 2021
- North Shore Bank, a Co-operative Bank — Beverly, MAbank exits city63 DODGE STREET · closed January 1, 2021
- North Shore Bank, a Co-operative Bank — Saugus, MAbank exits city489 LINCOLN AVENUE · closed December 31, 2020
- North Shore Bank, a Co-operative Bank — Danvers, MAbank exits city29 ELM STREET · closed March 13, 2020
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits.