National Grand Bank

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National Grand Bank
Company typePrivately held company
IndustryBanking
Founded1831; 193 years ago (1831)
HeadquartersMarblehead, Massachusetts
Key people
James E. Nye, President & CEO
Websitewww.ngbank.com

National Grand Bank of Marblehead is a bank headquartered in Marblehead, Massachusetts. It was named in honor of the brave “men o’ Marblehead” and their dangerous fishing voyages.[1]

History

The bank was founded in 1831 as the Grand Bank, a state bank serving mariners and merchants.[1]

On December 31, 1964, it received a federal bank charter and was renamed National Grand Bank of Marblehead.[1]

In 2002, the bank opened a student-operated branch in Marblehead High School.

References

  1. ^ a b c "National Grand Bank of Marblehead Named in Honor of Brave Fishermen". Office of the Comptroller of the Currency.
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