Business & Finance
Business and Finance
Business and Finance
Mon, February 9, 2009 Danvers Bancorp, Inc. Announces 2009 Annual Meeting Information
DANVERS, Mass.--([ BUSINESS WIRE ])--Danvers Bancorp, Inc. (the "Company") (NASDAQ: DNBK), the holding company for Danversbank (the "Bank"), today announced that its 2009 Annual Meeting will be held on Friday, May 8, 2009 at 10:00 AM Eastern Time. Stockholders of record of the Company's Common Stock as of the close of business on March 13, 2009 are entitled to vote at the Annual Meeting. The meeting will be held at the Salem Waterfront Hotel and Suites, 225 Derby Street, Salem, Massachusetts, 01970.
Company Profile
Danvers Bancorp, Inc. is the holding company for Danversbank, a Massachusetts-chartered savings bank headquartered in Danvers, Massachusetts. Originally founded in 1850 as a Massachusetts-chartered mutual savings bank, we have grown to $1.7 billion in assets through acquisitions and internal growth, including de novo branching. We conduct business from our main office located at One Conant Street, Danvers, Massachusetts, and our 14 branch offices located in Andover, Beverly, Chelsea, Danvers, Malden, Middleton, Peabody, Reading, Revere, Salem (2), Saugus, Wilmington, and Woburn, Massachusetts. We also have a full service Commercial Banking office at One Post Office Square in Boston. In 2009, Danversbank will open three more full-service branches: on Mass Ave in Boston; Mass Ave in Cambridge; and Main Street in Waltham. Our business consists primarily of making loans to our customers, including commercial and industrial loans, commercial real estate loans, owner-occupied residential mortgages and consumer loans, and investing in a variety of investment securities. We fund these lending and investment activities with deposits from our customers; funds generated from operations and selected borrowings. We also provide non-deposit investment products and services, cash management, debit and credit card products and online banking services. Additional information about the Company and its subsidiaries is available at [ https://www.danversbank.com ].
