Due to construction, the drive-up lane 1 will be closed at our Woburn Main branch from Tuesday, October 20 until Monday, October 26. The branch will remain open during regular business hours.

Our Woburn Main branch will be temporarily closed from Monday, October 26 through Friday, October 30 while we repave the parking lot. View more details.

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Webinar

Northern 1031 Exchange: Understanding Tax Basis

Tax basis plays a major role in determining the true financial impact of selling or exchanging investment property. This on-demand webinar walks through the taxes investors face in a sale versus a 1031 exchange and explains how exchanges can help increase long-term rates of return. Northern 1031 Exchange covers the fundamentals of tax basis, stepped-up basis, and how these concepts affect investment strategy and estate planning. The session also reviews the Section 121 primary residence exclusion and highlights the importance of qualified intermediary (QI) due diligence. Investors will leave with a clearer picture of how tax basis influences decision-making and wealth preservation.

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Article

Four ways to keep your money safe

Northern Bank is closely following the recent news involving other banks. While we can’t speak for any other bank, we can say with confidence that Northern Bank has always been guided by common sense, avoiding pitfalls that are reported to be affecting others. 

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Article

Northern Bank named No. 1 SBA lender in two categories

Northern Bank, a full-service community and business bank, has been named by the U.S. Small Business Administration (SBA) as the top lender in Massachusetts to small businesses in the accommodations industry for the second consecutive year. It also ranked first this year in SBA loans made to new businesses in the Bay State.

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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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