In 1888, when Beverly Cooperative Bank was founded, Beverly, Mass., had about 10,000 residents. Over the years, the bank s capabilities, services, assets and resources have expanded to meet the needs of Beverly, which now has a population of more than 40,000, and its surrounding municipalities. The bank provides a wide range of financial services for businesses as well as individuals. Despite its growth and success, Beverly Cooperative Bank remains a community bank, dedicated to working with people across Massachusetts s north shore to meet all their personal and business financial needs. At Beverly Cooperative Bank, the first $100,000 per depositor is insured by the FDIC. The bank s loan and credit services include acquisition financing, asset-based lending, construction loans, equipment financing, letters of credit, lines of credit, overdraft, protection, real estate loans, term loans and time loans.