Merged. FDIC records show TruNorth Bank merged into TruNorth Bank on August 22, 2026. This page keeps its public record.

Unverified listing What this means

The Lender Report built this page from public records. TruNorth Bank has not reviewed it. Every lender's page starts this way, and it says nothing about TruNorth Bank itself. Each figure shows its source and date. Work at TruNorth Bank? You can claim this page for free.

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.

What the public record shows, newest first
WhenWhat the record showsSource
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.

TruNorth BankNewest first
PeriodPlaceLoanAmountRateTermLTVSource
2025Middlesex County, MAPurchase, 50 to 99 units$14MHMDA 2025
2025Suffolk County, MAPurchase, 25 to 49 units$9.1MHMDA 2025
2025Essex County, MAPurchase, 5 to 24 units$4.9MHMDA 2025
2025Suffolk County, MAPurchase, 5 to 24 units$4.8MHMDA 2025
2025Essex County, MAPurchase, 5 to 24 units$4.7MHMDA 2025
2025Middlesex County, MAPurchase, 25 to 49 units$3.6MHMDA 2025
2025Essex County, MAPurchase, 5 to 24 units$1.8MHMDA 2025
2025Hampden County, MARefinance, 50 to 99 units$1.5MHMDA 2025
2025Middlesex County, MAPurchase, 5 to 24 units$1.3MHMDA 2025
2025Essex County, MARefinance, 5 to 24 units$1.2MHMDA 2025
2025Essex County, MARefinance, 5 to 24 units$1.2MHMDA 2025
2025Bristol County, MARefinance, 5 to 24 units$1.1MHMDA 2025
2025Essex County, MAPurchase, 5 to 24 units$1MHMDA 2025
2025Essex County, MARefinance, 5 to 24 units$1MHMDA 2025
2025Worcester County, MAPurchase, 5 to 24 units$960KHMDA 2025
2025Worcester County, MAPurchase, 5 to 24 units$260KHMDA 2025
2024Suffolk County, MAPurchase, 50 to 99 units$30MHMDA 2024
2024Suffolk County, MAPurchase, 50 to 99 units$16MHMDA 2024
2024Suffolk County, MARefinance, 5 to 24 units$11MHMDA 2024
2024Essex County, MAPurchase, 5 to 24 units$4.8MHMDA 2024
2024Essex County, MAPurchase, 25 to 49 units$4.5MHMDA 2024
2024Suffolk County, MARefinance, 5 to 24 units$4.5MHMDA 2024
2024Suffolk County, MARefinance, 5 to 24 units$3.4MHMDA 2024
2024Essex County, MAPurchase, 25 to 49 units$2.1MHMDA 2024
2024Essex County, MAPurchase, 5 to 24 units$1.9MHMDA 2024
16 multifamily loans made in 2025$52.5MHMDA 2025

A blank means the source did not report it.

What it holds

FDIC call report, June 30, 2026

Commercial book on the latest filing
BookHoldsOf its loansYear over year
Multifamily$363M14.5%+7.7%
Construction and land development$152M6.1%-3.6%
Owner-occupied CRE$207M8.3%-2.2%
Non-owner-occupied CRE$470M18.8%-3.8%
Farmland$275K0.0%Not reported
Commercial and industrial$142M5.7%-9.7%
Commercial total$1.33B
FDIC call report,

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
Commercial book by quarter
QuarterCommercial 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
FDIC call reports,
Loans on record, by kind
Kind of loanPeriodLoans madeDollarsTypical sizeLargestSource
Multifamily, 5 or more units202516$52.5M$1.38M$14MHMDA,
Multifamily, 5 or more units202418$85.8M$1.90MHMDA,
1-4 unit investor or business purpose202518$20.1M$740KHMDA,

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.
Counties with 5 or more small business loans in 2024. Other counties, each under 5 loans: 8 loans, $3,879,000.
CountyLoansTotal
Essex County, MA64$17.0M
Middlesex County, MA11$5.13M
Rockingham County, NH6$3.66M
Suffolk County, MA5$1.18M
FFIEC CRA disclosure data,

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.

FFIEC Call Report,

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.

Commercial and industrial loans, by original amount
Original amountLoansHolds
$100,000 or less246$5.42M
Over $100,000 up to $250,000172$12.2M
Over $250,000 up to $1 million222$44.7M
FDIC BankFind Suite API, /banks/financials (Call Report), report dates 2026-06-30 and 2025-06-30,
Loans secured by nonfarm nonresidential property, by original amount
Original amountLoansHolds
$100,000 or less27$757K
Over $100,000 up to $250,00092$9.71M
Over $250,000 up to $1 million370$133M
FDIC BankFind Suite API, /banks/financials (Call Report), report dates 2026-06-30 and 2025-06-30,
Loans secured by farmland, by original amount
Original amountLoansHolds
$100,000 or less1Not reported
FDIC BankFind Suite API, /banks/financials (Call Report), report dates 2026-06-30 and 2025-06-30,

Where it lends

Offices beside loans on record

Offices and recorded loans by state
StateOfficesMultifamily 20251-4 investor 2025SBA 7(a) 36 mo.SBA 504 36 mo.
Massachusetts HQ1161800
FDIC office listHMDA, SBA FOIA,
Counties with the most recorded loans (5 or more)
CountyRecorded loansDollars
Essex County, MA17$34.7M
Suffolk County, MA9$79.7M
HMDA, SBA FOIA,
Metro areas with the most recorded loans (5 or more)
MetroRecorded loansDollars
Cambridge-Newton-Framingham, MA20$53.6M
Boston, MA9$79.7M
HMDA, SBA FOIA,

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.
Counties with the most offices
CountyFull-service officesLimited-service offices
Essex County, MA130
Norfolk County, MA120
Plymouth County, MA20
Middlesex County, MA10
Rockingham County, NH10
FDIC Summary of Deposits,

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

HMDA, SBA FOIA,

Compare these lenders side by side

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

  1. Name and charter. TruNorth Bank, FDIC certificate 26484. Compare it with the regulator's record. [FDIC BankFind]
  2. 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]
  3. Small business loans reported under CRA. 94 small business loans reported in its CRA filing for 2024. [Source]

Something wrong? Report it with evidence. It is free, and it works the same for every lender whether it pays or not. Report an error

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

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