Due to construction, the drive-up window and drive-up ATM will not be available at our Billerica branch. The branch will remain open during regular business hours, but the drive-up lanes will remain closed during construction.

Important Notice: Beware of fraudulent calls claiming to be from Nacha. Scammers are targeting organizations that originate ACH payments, stating they need to review your current ACH files. Nacha will never contact you directly to ask to review ACH files in this manner. If you receive a call matching this description, or alerts of suspicious activity on your account, please contact us immediately at 1-800-273-6908 Option "0".

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Partner Site Disclaimer

By accessing the noted link you will be leaving our website and entering a partner site which is hosted by another party. Please be advised that you will no longer be subject to, or under the protection of, the privacy and security policies of our website. We encourage you to read and evaluate the privacy and security policies of the site which you are entering, which may be different than those of ours. 

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Tailored Banking Solutions for Qualified Intermediaries.

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Tailored Banking Solutions for Qualified Intermediaries.

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We’re here to help you grow your business.

You want to grow your 1031 Exchange business. We can help you do it efficiently and profitably

At Northern Bank, we understand the unique needs of QIs and have developed a suite of products and services to help your 1031 Exchange business run smoothly.

QUALIFIED INTERMEDIARY (QI) ACCOUNT SERVICES

Get the right financial solutions for your specific QI needs.

PRODUCT FEATURES
  • Highly competitive interest rates
  • Non-commingled accounts
  • No monthly maintenance fees
  • Easy access
  • Mobile banking
  • Secure online wire capabilities
BUSINESS BENEFITS
  • Maximize your interest revenues on 1031 accounts
  • Simple accounting with one Master and Sub-Accounts
  • Reduce your expenses
  • Manage your accounts online and get personal service

Key advantages of partnering with Northern Bank.

LONG-TERM STABILITY

Since 1960, Northern Bank has provided customers with the products and services needed to grow their business. We’re not just a provider, we’re your partner and are as committed to your long-term success as you are.

ACCOUNTS DESIGNED FOR YOU

We have worked closely with QIs to develop an account solution that meets the unique needs of QIs running a 1031 Exchange service business. We offer highly competitive interest rates and have no monthly maintenance fees on our 1031 Exchange accounts.

HIGHLY COMPETITIVE RATES AND FEES

Our QI-tailored solutions offer one of the more competitive rates in the market. Combined with the security of banking with a stable national leader and our personalized service, we are confident you’ll find that Northern Bank is the right partner for your 1031 Exchange business.

Other ways Northern Bank can help your business grow.

XGEN

Increase productivity and transaction volume.

Are your time-consuming exchange related tasks slowing down your productivity and keeping you from increasing your transaction volume? Our new automated solution centralizes all your exchange data, automates your workflow and increases efficiencies. It can reduce the time it takes to complete your exchange- related tasks, from hours a day to mere minutes. Schedule a demo and we will walk through your current process and demonstrate how our platform can transform your day-to-day operations.

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ZESCROW: ESCROW AND SUBACCOUNTING

Streamline escrow management.

ZEscrow’s robust, user-friendly platform simplifies setup, disbursement, and fund management for a seamless experience.

Tailored subaccounting: Helpful tools enable precise tracking of funds and interest accruals, ensuring transparency.

Quick and secure wire transfers: Facilitates reliable movement of funds between subaccounts and parties.

Effortless account management: Intuitive interface allows online account opening and closure, eliminating branch visits.

Secure document storage: Document depository ensures safe storage and easy retrieval of important files

Automated account numbering: Generates unique account numbers for each subaccount, reducing errors and increasing efficiency.

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Ready to Upgrade Your Firm's Banking

Schedule a confidential consultation with our Qualified Intermediary team.