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Colonial Federal Savings Bank Joins North Shore Bank, Strengthening Its Commitment to Community

PEABODY, MASSACHUSETTS — December 26, 2025

North Shore Bank recently announced that Colonial Federal Savings Bank has officially joined the North Shore Bank family, uniting two long-standing community banks with a shared dedication to local investment, exceptional customer service, and meaningful community impact.

This partnership brings together two institutions deeply rooted in their communities, expanding resources and enhancing the shared mission to support families, small businesses, and nonprofit organizations across the south shore and beyond. Together, the combined bank will continue to invest locally, prioritize personal relationships, and remain steadfast in its commitment to the neighborhoods it serves.

A key part of this shared mission is The Giving Tree, North Shore Bank’s charitable giving initiative that supports nonprofit organizations working in education, health, youth development, food security, and community well-being. With the addition of Colonial Federal, support for The Giving Tree will grow even stronger, expanding its reach across the south shore and ensuring continued investment in local programs that make a difference.

“As we welcome Colonial Federal Savings Bank into the North Shore Bank family, we are combining the strengths of two organizations that share an unwavering belief in community,” said Michael R. Wheeler, president and CEO of North Shore Bank. “Together, we will build on our legacy of local investment, charitable giving, and neighbor-to-neighbor service. Our partnership allows us to do even more for the communities we proudly call home.”

Recent South Shore Community Donations

Through The Giving Tree, the bank has recently made several donations, totaling $895,000, to nonprofit organizations on the south shore, including:

Adams Presidential Center, Angel Fund for ALS Research, Boston Globe Foundation’s Globe Santa, City of Quincy Department of Elder Services, Quincy Police DARE Program, Holbrook Food Pantry, Interfaith Social Service, Manet Community Health Center, National MS Society, NeighborWorks Housing Solution, Quincy Rotary Club Charitable Foundation, Quincy Community Action Programs, Inc., Quincy Public School Community Partnership, South Shore YMCA, The Katie Crowell Foundation, The Salvation Army, and the Weymouth Food Pantry.

These contributions reflect the bank’s enduring commitment to strengthening local communities—a commitment that will be amplified through the integration of Colonial Federal.

Customers of both banks will continue to receive the personalized service they expect, while gaining expanded access to financial services, technology, and community programs.

A donation to South Shore YMCA through our charitable giving program, The Giving Tree.

In This Photo:
Lucas Lawson, VP regional manager, Abington Bank, a division of North Shore Bank
Jaime Lannan, AVP, branch officer, Colonial Federal Savings Bank, a division of North Shore Bank
Trevor Williams, president, South Shore YMCA
Jennifer Christenson, development director, South Shore YMCA
Mary Orne, chief development officer, South Shore YMCA
Michael Wheeler, president and CEO, North Shore Bank
Paul Gorman, CEO, South Shore YMCA

A check presentation for a donation to Weymouth Food Pantry through our charitable giving program, The Giving Tree.

In This Photo:
Pam Denholm, executive director, Weymouth Food Pantry
Meaghan Shea, branch manager, Colonial Federal Savings Bank, a division of North Shore Bank
Michael Wheeler, president and CEO, North Shore Bank
Lucas Lawson, VP regional manager, Abington Bank, a division of North Shore Bank
Jennifer O’Brien, director of development and communications, Weymouth Food Pantry

A donation made to Interface Social Services  through our charitable giving program, The Giving Tree.

In This Photo:
Rick Doane, executive director, Interfaith Social Services
Lucas Lawson, VP regional manager, Abington Bank, a division of North Shore Bank
Jaime Lannan, AVP, branch officer, Colonial Federal Savings Bank, a division of North Shore Bank
Michael Wheeler, president and CEO, North Shore Bank

A donation to NeighborWorks  through our charitable giving program, The Giving Tree.

 In This Photo:
Maxine Depina, resource development director, NeighborWorks Housing Solutions
Jaime Lannan, AVP, branch officer, Colonial Federal Savings Bank, a division of North Shore Bank
Michael McGowan, board vice-chairman, NeighborWorks Housing Solutions
Beverly Somerville, board chairwoman, NeighborWorks Housing Solutions
Michael Wheeler, president and CEO, North Shore Bank
Lucas Lawson, VP regional manager, Abington Bank, a division of North Shore Bank
David Kilnapp, director and board treasurer, NeighborWorks Housing Solutions
Robert Corley, CEO, NeighborWorks Housing Solutions

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