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About Us

Philosophy
Danversbank was founded in 1850 with a mission of providing banking services including savings accounts and home mortgage loans to residents in the Town of Danvers.

More than 155 years later, we remain committed to the financial needs of individuals and families, and have expanded that promise to include businesses both large and small in and around the Greater Boston area.

We will continue to provide a safe and positive work environment for our employees, effective financial solutions for our customers, and unparalleled support of the communities in which we do business. 

Core Purpose
Danversbank aspires to “provide exceptional service to our employees, customers and the community.”

Core Values
Danversbank promotes the following Core Values to govern the behavior of its employees:

  • Always Work as a Team
  • Always Learn
  • Initiate and Embrace Change
  • Be an Asset to the Community

Noteworthy

  • Recognized as one of the “Best Places to Work in Massachusetts” by the Boston Business Journal in 2005 and 2006
  • Ranked 15th among United States community banks  for size of Commercial and Industrial (C&I) loan portfolio in 2004
  • Ranked 10th in the nation for overall growth rate of loan portfolio in 2004
  • Deemed “Outstanding” by the FDIC in regard to community reinvestment activities
  • Named Runner-up in the Better Business Bureau’s “Torch Award for Excellence” in 2006
  • Preferred SBA Lender in Massachusetts and New Hampshire

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