News

NSB Helps in Transforming Downtown Beverly

On January 5, 2010, members of North Shore Bank attended the ground breaking ceremony for a new affordable housing apartment building in the heart of downtown Beverly.

The new construction, which will replace the aging Mayflower Motel at the gateway to Beverly’s vibrant downtown, will contain 43 studio apartments in 2 attractive buildings well-suited to their historic surrounding and dramatically improving the area’s streetscape.

North Shore Bank’s Vice President Steve Pettengill worked with the Beverly Affordable Housing Authority to secure both acquisition financing and permanent funding for this project. 

North Shore Bank, established in 1888, is a full-service community bank based in Peabody. The Bank has eight branches located in five North Shore communities including Beverly, Danvers, Middleton, Peabody, and Salem. 
 

North Shore Bank is a member of the FDIC and a member of the SIF.

 

To view the pre-ground breaking ceremony, click the screen below.

  

  

 

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