In honor of Memorial Day, Northern bank branches and the Contact Center will be closed on Monday, May 25. As always, mobile banking, online banking and our ATM network are available to you 24/7.

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.

FDIC-Insured - Backed by the full faith and credit of the U.S. Government

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. 

Continue to External Website external-link icon
December 3, 2021

Seven ways 1031 Exchange helps achieve investment goals

In this article published in the September 2020 New England Real Estate Journal, Northern 1031 Exchange Vice President, Michele Fitzpatrick, shares the many reasons why real estate investors choose to exchange properties.

Understanding how you might benefit from a 1031 Exchange is the first step in determining whether or not it is right for you. Investors come in all sizes and have many different reasons and motives for holding and selling real estate. To help investors get started down the road of exchange, Fitzpatrick lists the Top 7 Reasons why her clients exchange and how they maximize the benefits.

Estate planning, diversification, consolidation and increased depreciation are just a few benefits that rise to the top of the list. However, there are many other situations investors are faced with that are improved by exchanging. Knowing the Top 7 Reasons gives you a solid foundation for considering the possibility of a 1031 Exchange and how it might benefit your individual situation.

Latest Posts
Article

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.

Read More

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.

 

Ready to take the next step?
We're here to help!

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

Contact Us