Commitment to Education at North Shore

Education has always been at the forefront of North Shore Bank’s commitment to the community. It is our belief that access to a quality education has a cumulative effect that spreads throughout the cities and towns which we serve. With this in mind, the bank is actively involved at all educational levels, providing scholarships, making donations to support activities and programs, even offering financial literacy classes to area students. 

Scholarship Programs

Saugus High School Scholarships

Since 1986, North Shore Bank has awarded continuing education scholarships to SHS Seniors — with this past year’s contribution eclipsing the $90,000 level since the program’s inception. Award recipients are chosen by a committee of bank employees and are based on a combination of criteria, including need, extracurricular activities and academic achievement.   

North Shore Bank staff presents this year's scholarship award recipients with $2,000 in scholarship money each. Pictured left to right are Carol Varone, North Shore Bank Training Manager, Geoff Leahy, North Shore Bank's Lynn Fells Parkway, Saugus Sales and Service Manager, Gabriela Marquez and Molly Shutt, Saugus High Scholarship Recipients, and Julieann Garland, North Shore Bank's Hamilton Street, Saugus Sales and Service Manager
Image of North Shore Bank Saugus Scholarship recipients.
Image of North Shore Bank presenting the Salem State University Foundation with a check toward the annual North Shore Bank Scholarship

Salem State University Scholarship

In 2016, in support of the Salem State University Foundation's '10,000 Reasons Campaign', North Shore Bank established a permanent endowment to provide an annual scholarship that will give four years of financial assistance to a Salem State University student.

Presenting Cynthis McGurran (center) Executive Director of the Salem State University Foundation with check towards the annual North Shore Bank Scholarship is former North Shore Bank President and CEO David LaFlamme (left) and current North Shore Bank President and CEO Kevin Tierney, Sr.

Financial Literacy Programs

Savings Makes Cents

The Savings Makes Cents program is provided to the Waybright and Oaklandvale Elementary Schools in Saugus and introduces students from Kindergarten to Grade Five to saving and budgeting skills.  Designed to foster economic literacy from an early age, the program involves monthly visits from bank employees, who engage students through entertaining financial activities and practical experience — including making deposits into their savings accounts.