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Beantown Magazine
Discover Greater Boston and the Businesses That Drive It
Banks & Credit Unions · Melrose

Northern Bank and Trust

About

Northern Bank and Trust is a community bank with a presence in Melrose, offering banking for individuals and for the entrepreneurs who drive local business. Its philosophy, practiced for over 60 years, holds that helping business owners succeed builds a stronger community for everyone. The bank aims to help individuals realize personal dreams and help businesses grow, with bankers who take time to understand each customer’s industry.

Its founders were entrepreneurs themselves; when a traditional bank refused to lend them money, they opened their own institution to back the entrepreneurial spirit around them. Customers today can bank at the branch or through online and mobile banking and an ATM network available 24/7. Clients such as the Merrimack Valley Housing Partnership describe a down-to-earth, collaborative team that is visible at community events.

What to Know

  • The bank was founded in 1960.
  • Donna Koulas serves as a residential loan officer and assistant vice president.
  • Existing customers can submit support tickets so requests reach the right team member.
  • The bank never calls customers to request PINs, passwords or account numbers.

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