National Grand Among Nation's Top Banks

The following press release was issued by National Grand Bank President and CEO James Nye:

For the forth consecutive year, Marblehead's has been ranked one of the top 200 community banks in the United States, according to American Banker Magazine.

This ranking is based on a three year average return on equity and puts the National Grand Bank of Marblehead in the top two percent of the country’s 7,500 community banking institutions. NGB ranked number 108 in 2011.  

“We are honored by this distinction,” said James Nye, President and CEO. “This ranking validates National Grand Bank’s core value of providing safe, sound financial services.  Our Board of Directors, officers, and hard-working, experienced staff offer the right products and services that positively impact the lives of our customers and help build a better community. Our success would not be possible without the support of our loyal customers.”

The annual list was released in the May 2012 issue of American Banker, a monthly publication that provides news and information about the banking industry for leaders at financial institutions across the nation.

For more information about National Grand Bank, explore www.NGBank.com, or call (781) 631-6000.