Please note that our Acton branch will be closed on Friday, May 15 due to construction, and our Westford branch will be closed on Saturday, May 16, for the Westford Apple Blossom Parade. As always, you can access your account 24/7 with mobile, online banking & our ATM network.

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.

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Northern 1031 Exchange Alternatives: The DST Advantage

Not every investor needs to roll exchange proceeds into another actively managed property. Fortunately, there are alternative replacement property options that may still qualify under 1031 rules.

In this webinar, we’ll explore Delaware Statutory Trusts (DSTs) and other replacement property structures, including how they work, when they may be appropriate, and what professionals should understand before recommending them. We’ll discuss benefits, limitations, and due-diligence considerations so you can help clients evaluate whether a more passive approach aligns with their goals.

This session is ideal for advisors and investors seeking flexible solutions in a changing real estate landscape.

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Be Aware of Tax Scams

As tax season approaches, it’s an important time to get your finances in order—but it’s also a peak period for cybercriminal activity. Scammers frequently exploit this time of year by sending fraudulent emails or making phone calls that appear to come from legitimate tax-related organizations.

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About Northern Bank

Northern Bank is a full-service bank dedicated to providing practical, common sense financial solutions to help our customers live their lives and grow their businesses. From deposit products to loans to payment and collections services, we work hands-on with our entrepreneurial customers, both locally and across the country, to provide the financial support they need to realize their personal and business goals. Founded in 1960, Northern Bank has assets of $3.17 billion with 12 locations serving communities throughout Middlesex County. Northern Bank is a Member of the FDIC, and an Equal Housing Lender.

 

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Contact us now to learn more about how Northern Bank can help you realize your goals and dreams.