Northern Bancorp owns and operates the banking chain of Northern Bank & Trust Company. Upon a petition from Thomas and James Mawn, a bank charter was approved for Woburn Bank and Trust Company on February 24, 1960. Since then, the bank has evolved into one of the premier financial institutions in the state that offers full deposit and loan products to both commercial and consumer customers. In 1987, the bank's expansion into surrounding communities necessitated that it amend its chartered name to Northern Bank and Trust Company in order to embody the region for which it serves. It maintains nearly 10 branches in the communities of Acton, Billerica, Burlington, Littleton, Melrose, Westford and Woburn, Mass. Personal banking services include checking and savings accounts, certificates of deposit and retirement plans. Business services include commercial loans and business accounts. It also provides lending and investment services. Northern Bank & Trust Company is headquartered in Woburn.
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