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Bank, Peabody, MA
TruNorth Bank, Peabody, MA
TruNorth Bank no longer files under this name. FDIC records show it merged into TruNorth Bank on August 22, 2026. Before that it made 16 multifamily loans in 2025, all in Massachusetts, at a typical size of $1.4M, and 18 1-4 unit investor or business-purpose loans in 2025.
- Kind
- Bank
- Data as of
- HMDA 2025, SBA September 30, 2026
- Page last changed
- November 12, 2026
- Commercial book
- $1.33B
- FDIC call report,
- Holds, not loans made
- Multifamily loans made, 2025
- 16
- HMDA,
- HMDA, 5 or more units
- SBA loans, 36 months
- Not reported
- SBA FOIA,
- 7(a) and 504, net of cancelled
- Total assets
- $3.32B
- FDIC call report,
How to reach them
Each line shows where it came from
- Phone
- The FDIC record has no phone number or website.
- Names it files under
- NORTH SHORE BANKFDIC institution record,
- Address
- 248 Andover St, Peabody, MA 01960FDIC institution record,
- Regulator record
- FDIC BankFind
Recently done
Recorded lending
Recorded lending. Two or more public files show loans this lender made.
| When | What the record shows | Source |
|---|---|---|
| August 22, 2026 | Merged into TruNorth Bank on August 22, 2026.FDIC structure history. | FDIC history, |
| Jun 2025 to Jun 2026 | Multifamily balance rose 7.7% to $362.5M in the year to June 30, 2026. Includes loans from acquiring Colonial Federal Savings Bank in the window, so growth reflects the acquisition as well as new lending.Balances, not originations. Year over year from call reports. | FDIC call report |
| Jun 2025 to Jun 2026 | Unused commitments on commercial real estate rose 0.2% to $97.1M in the year to June 30, 2026.Call report commitments. Not a measure of new lending. | FDIC call report |
| February 6, 2026 | Changed its name from North Shore Bank, a Co-operative Bank on February 6, 2026.FDIC structure history. | FDIC history, |
| November 1, 2025 | Acquired Colonial Federal Savings Bank on November 1, 2025.FDIC structure history. | FDIC history, |
| 2024 | Reported making 94 small business loans totaling $30.9M in 2024.FFIEC CRA disclosure data. A small business loan here is a commercial and industrial loan or a loan secured by nonfarm nonresidential property of $1 million or less when made. | FFIEC CRA disclosure data |
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| 2025 | Middlesex County, MA | Purchase, 50 to 99 units | $14M | HMDA 2025 | |||
| 2025 | Suffolk County, MA | Purchase, 25 to 49 units | $9.1M | HMDA 2025 | |||
| 2025 | Essex County, MA | Purchase, 5 to 24 units | $4.9M | HMDA 2025 | |||
| 2025 | Suffolk County, MA | Purchase, 5 to 24 units | $4.8M | HMDA 2025 | |||
| 2025 | Essex County, MA | Purchase, 5 to 24 units | $4.7M | HMDA 2025 | |||
| 2025 | Middlesex County, MA | Purchase, 25 to 49 units | $3.6M | HMDA 2025 | |||
| 2025 | Essex County, MA | Purchase, 5 to 24 units | $1.8M | HMDA 2025 | |||
| 2025 | Hampden County, MA | Refinance, 50 to 99 units | $1.5M | HMDA 2025 | |||
| 2025 | Middlesex County, MA | Purchase, 5 to 24 units | $1.3M | HMDA 2025 | |||
| 2025 | Essex County, MA | Refinance, 5 to 24 units | $1.2M | HMDA 2025 | |||
| 2025 | Essex County, MA | Refinance, 5 to 24 units | $1.2M | HMDA 2025 | |||
| 2025 | Bristol County, MA | Refinance, 5 to 24 units | $1.1M | HMDA 2025 | |||
| 2025 | Essex County, MA | Purchase, 5 to 24 units | $1M | HMDA 2025 | |||
| 2025 | Essex County, MA | Refinance, 5 to 24 units | $1M | HMDA 2025 | |||
| 2025 | Worcester County, MA | Purchase, 5 to 24 units | $960K | HMDA 2025 | |||
| 2025 | Worcester County, MA | Purchase, 5 to 24 units | $260K | HMDA 2025 | |||
| 2024 | Suffolk County, MA | Purchase, 50 to 99 units | $30M | HMDA 2024 | |||
| 2024 | Suffolk County, MA | Purchase, 50 to 99 units | $16M | HMDA 2024 | |||
| 2024 | Suffolk County, MA | Refinance, 5 to 24 units | $11M | HMDA 2024 | |||
| 2024 | Essex County, MA | Purchase, 5 to 24 units | $4.8M | HMDA 2024 | |||
| 2024 | Essex County, MA | Purchase, 25 to 49 units | $4.5M | HMDA 2024 | |||
| 2024 | Suffolk County, MA | Refinance, 5 to 24 units | $4.5M | HMDA 2024 | |||
| 2024 | Suffolk County, MA | Refinance, 5 to 24 units | $3.4M | HMDA 2024 | |||
| 2024 | Essex County, MA | Purchase, 25 to 49 units | $2.1M | HMDA 2024 | |||
| 2024 | Essex County, MA | Purchase, 5 to 24 units | $1.9M | HMDA 2024 | |||
| 16 multifamily loans made in 2025 | $52.5M | HMDA 2025 | |||||
A blank means the source did not report it.
What it holds
FDIC call report, June 30, 2026
| Book | Holds | Of its loans | Year over year |
|---|---|---|---|
| Multifamily | $363M | 14.5% | +7.7% |
| Construction and land development | $152M | 6.1% | -3.6% |
| Owner-occupied CRE | $207M | 8.3% | -2.2% |
| Non-owner-occupied CRE | $470M | 18.8% | -3.8% |
| Farmland | $275K | 0.0% | Not reported |
| Commercial and industrial | $142M | 5.7% | -9.7% |
| Commercial total | $1.33B |
Includes loans from acquiring Colonial Federal Savings Bank in the window, so growth reflects the acquisition as well as new lending.
Reference only: $1.17B of 1-4 family residential loans, which call reports cannot split owner-occupied from investor. Excluded from the totals above.
Table
| Quarter | Commercial book |
|---|---|
| Q3 2023 | $852M |
| Q4 2023 | $872M |
| Q1 2024 | $890M |
| Q2 2024 | $898M |
| Q3 2024 | $1.34B |
| Q4 2024 | $1.34B |
| Q1 2025 | $1.33B |
| Q2 2025 | $1.35B |
| Q3 2025 | $1.33B |
| Q4 2025 | $1.36B |
| Q1 2026 | $1.32B |
| Q2 2026 | $1.33B |
| Kind of loan | Period | Loans made | Dollars | Typical size | Largest | Source |
|---|---|---|---|---|---|---|
| Multifamily, 5 or more units | 2025 | 16 | $52.5M | $1.38M | $14M | HMDA, |
| Multifamily, 5 or more units | 2024 | 18 | $85.8M | $1.90M | HMDA, | |
| 1-4 unit investor or business purpose | 2025 | 18 | $20.1M | $740K | HMDA, |
How these public files were tied to this lender. HMDA: its legal entity identifier (LEI).
Programs on record: Federal Home Loan Bank member, Boston district (FHFA).
Small business loans reported under CRA
FFIEC CRA, 2024
- TruNorth Bank reported making 94 small business loans totaling $30,878,000 in 2024, in its Community Reinvestment Act filing (FFIEC, calendar 2024).
- By size when made: 12 of $100,000 or less, 28 over $100,000 up to $250,000, 54 over $250,000 up to $1 million.
- 49 of them, totaling $15,498,000, went to businesses with revenue of $1 million or less.
| County | Loans | Total |
|---|---|---|
| Essex County, MA | 64 | $17.0M |
| Middlesex County, MA | 11 | $5.13M |
| Rockingham County, NH | 6 | $3.66M |
| Suffolk County, MA | 5 | $1.18M |
In this filing a small business loan is a commercial and industrial loan, or a loan secured by nonfarm nonresidential property, of $1 million or less when it was made. Multifamily loans are not included.
Only banks with about $1.6 billion or more in assets must file this data. The cutoff is set each year; it was $1.564 billion for 2024. A bank that is not listed here can still make small business loans.
How this filing was tied to this bank: FDIC certificate (respondent ID) + transmittal RSSD; RSSD (respondent ID).
Undrawn commitments
FFIEC Call Report, June 30, 2026
- TruNorth Bank reported commitments to fund construction loans that had not been drawn at June 30, 2026: $58,186,000 for 1-4 family residential construction and $38,949,000 for commercial real estate, other construction and land development (FFIEC Call Report). A commitment is an agreement to fund a loan if it is drawn. It is not a loan made.
- Undrawn commitments to commercial and industrial borrowers at June 30, 2026: $64,934,000. These are credit lines not yet used.
Small loans it holds, by original size
FDIC BankFind Suite API, /banks/financials (Call Report), report dates 2026-06-30 and 2025-06-30, June 30, 2026
Loans held on the report date, grouped by the amount when each loan was made. Not loans made in a period.
| Original amount | Loans | Holds |
|---|---|---|
| $100,000 or less | 246 | $5.42M |
| Over $100,000 up to $250,000 | 172 | $12.2M |
| Over $250,000 up to $1 million | 222 | $44.7M |
| Original amount | Loans | Holds |
|---|---|---|
| $100,000 or less | 27 | $757K |
| Over $100,000 up to $250,000 | 92 | $9.71M |
| Over $250,000 up to $1 million | 370 | $133M |
| Original amount | Loans | Holds |
|---|---|---|
| $100,000 or less | 1 | Not reported |
Where it lends
Offices beside loans on record
| State | Offices | Multifamily 2025 | 1-4 investor 2025 | SBA 7(a) 36 mo. | SBA 504 36 mo. |
|---|---|---|---|---|---|
| Massachusetts HQ | 1 | 16 | 18 | 0 | 0 |
| County | Recorded loans | Dollars |
|---|---|---|
| Essex County, MA | 17 | $34.7M |
| Suffolk County, MA | 9 | $79.7M |
| Metro | Recorded loans | Dollars |
|---|---|---|
| Cambridge-Newton-Framingham, MA | 20 | $53.6M |
| Boston, MA | 9 | $79.7M |
Offices by county
FDIC Summary of Deposits, June 30, 2026
- TruNorth Bank has 29 offices in 5 counties and 2 states (FDIC Summary of Deposits, June 30, 2026): 29 full service and 0 limited service.
| County | Full-service offices | Limited-service offices |
|---|---|---|
| Essex County, MA | 13 | 0 |
| Norfolk County, MA | 12 | 0 |
| Plymouth County, MA | 2 | 0 |
| Middlesex County, MA | 1 | 0 |
| Rockingham County, NH | 1 | 0 |
Loan production offices are not in this file. A bank with no office here can still lend here.
Peers
Same kind of lender, similar size and book
| Lender | State |
|---|---|
| Bristol County Savings Bank | MA |
| BayCoast Bank | MA |
| South Shore Bank | MA |
| Westfield Bank | MA |
| UniBank for Savings | MA |
| PeoplesBank | MA |
| Dedham Institution for Savings | MA |
| Cornerstone Bank | MA |
What we don't know
- Whether it is taking new loans today, or on what terms.
- How much of its book it made recently. Call reports carry balances, not loans made.
- Which of its commercial real estate is office, retail, industrial or hotel. Call reports do not split the book by property type.
- How its 1-4 family loans divide between owner-occupied and investor.
- Whether it makes SBA loans. No SBA loans are on file under this name for the 36 months to September 30, 2026.
- Whether it takes brokers. No figure here means no evidence, not a refusal.
Check this page
Against the regulator's own record
- Name and charter. TruNorth Bank, FDIC certificate 26484. Compare it with the regulator's record. [FDIC BankFind]
- Loans made. 52 recorded loans from the HMDA file, in 2024 and 2025: 16 HMDA multifamily 2025, 18 HMDA multifamily 2024, 18 HMDA 1-4 unit investor 2025. Each has its source and date. [How each file was tied to TruNorth Bank]
- Small business loans reported under CRA. 94 small business loans reported in its CRA filing for 2024. [Source]
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For the record
Data as of HMDA 2025, SBA September 30, 2026. Page last changed November 12, 2026.
- Regulator
- Federal Reserve
- FDIC certificate
- 26484
- RSSD
- 161273
- LEI
- 549300B3J2ZHX7QFH171
- The Lender Report ID
- lr_000546
- FDIC classifies this bank as
- Commercial Lending Specialization
- Ownership
- Stock
FDIC institution record, The classification is FDIC's description of the balance sheet. It is not a statement about what the bank will lend on.
- Reported $3.3B in total assets as of June 30, 2026 (FDIC call report).
- Held $1.3B of commercial and commercial real estate loans as of June 30, 2026 (FDIC call report).
- Held $470.4M of non-owner-occupied commercial real estate loans as of June 30, 2026 (FDIC call report).
- Held $362.5M of multifamily loans as of June 30, 2026, up 7.7% from a year earlier, including loans acquired in a merger (FDIC call report).
- Held $206.5M of owner-occupied commercial real estate loans as of June 30, 2026 (FDIC call report).
- Originated 16 multifamily loans totaling $52.5M in 2025 (HMDA).
7 more sentences
- Originated 18 multifamily loans totaling $85.8M in 2024 (HMDA).
- Originated 18 1-4 unit investor or business-purpose loans totaling $20.1M in 2025 (HMDA).
- Merged into TruNorth Bank on August 22, 2026. Source: FDIC records.
- Reported making 94 small business loans totaling $30.9M in 2024, in its Community Reinvestment Act filing (FFIEC).
- Held 640 commercial and industrial loans that were $1 million or less when made, with a balance of $62.3M as of June 30, 2026 (FDIC call report). These are loans held, not loans made.
- Held 489 loans secured by nonfarm nonresidential property that were $1 million or less when made, with a balance of $143.7M as of June 30, 2026 (FDIC call report). These are loans held, not loans made.
- Reported commitments to fund construction loans that had not been drawn at June 30, 2026: $58.2M for 1-4 family and $38.9M for commercial and other construction (FFIEC Call Report). A commitment is not a loan made.
Cite this
Source: The Lender Report, TruNorth Bank, https://lender.report/lender/trunorth-bank-ma-peabody/, data as of December 31, 2025.
Sources
- FDIC institution record, November 9, 2026
- FDIC call report, June 30, 2026
- FDIC call report, June 30, 2025
- HMDA, 2025
- FFIEC Call Report, June 30, 2026
- FDIC call reports, June 30, 2026
- FFIEC CRA disclosure data, 2024
- FDIC Summary of Deposits, June 30, 2026
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.
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Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem