Bank holding company providing banking and financial services.
NB Bancorp, Inc. operates as a prominent bank holding company overseeing Needham Bank, a trusted financial institution catering to diverse banking needs across the Greater Boston metropolitan area and adjacent regions encompassing Massachusetts, eastern Connecticut, southern New Hampshire, and Rhode Island. Known for its comprehensive suite of banking products and services, Needham Bank offers a wide range of deposit accounts including certificates of deposit, individual retirement accounts, money market accounts, savings accounts, NOW accounts, demand deposits, and both interest-bearing and noninterest-bearing checking accounts. The bank also provides a robust portfolio of lending solutions, covering commercial real estate, multifamily housing, residential real estate (ranging from one- to four-family properties), construction and land development, commercial and industrial sectors, as well as consumer loans such as home equity loans and lines of credit.
Founded in 1892, NB Bancorp, Inc. has established deep roots within its community and maintains a steadfast commitment to delivering personalized service and financial expertise to its clientele. Beyond traditional banking operations, the company prudently invests in a diversified portfolio of securities, including U.S. treasury and federal agency securities, government-sponsored residential mortgage-backed securities, municipal bonds, and corporate bonds. This strategic investment approach underscores NB Bancorp, Inc.'s dedication to managing its financial assets with a focus on stability and growth, aligning with its longstanding mission to support economic prosperity across its operational footprint.
Headquartered in Needham, Massachusetts, NB Bancorp, Inc. continues to uphold its legacy of integrity and customer-centric values while embracing innovation in banking practices. As it navigates the dynamic landscape of financial services, the company remains committed to fostering long-term relationships and enhancing shareholder value through prudent financial management and strategic growth initiatives.