Georgetown Savings Bank Moves Forward with Branch Expansion Plans.GEORGETOWN, Mass. -- Steps taken to begin construction of new location in North Andover North Andover (ăn`dōvər), town (1990 pop. 22,792), Essex co., NE Mass., on the Merrimack River, in a dairy and farm area; settled c.1644, set off from Andover and inc. 1855. , MA Georgetown Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. , principle subsidiary of Georgetown Bancorp, Inc., announced today it had entered into a lease agreement with Eaglewood Properties, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control under which the Bank will open a full service branch at the new Eaglewood Shops currently under construction on Turnpike turnpike, road paid for partly or wholly by fees collected from travelers at tollgates. It derives its name from the hinged bar that prevented passage through such a gate until the toll was paid. See also road. Street, Route 114 in North Andover, MA. As a "lifestyle" center, the Eaglewood Shops will be a collection of fine retail shops and a restaurant providing customers with an upscale shopping experience. The Eaglewood Shops have been designed to meet the needs of the growing population in North Andover, Andover and surrounding areas. The 2,400 square foot bank facility will be located next to Staples staples U-shaped stainless steel or vitallium units with sharp points used for surgical fixation. epiphyseal staples used to staple epiphysis to metaphysis; have metal bracing at the corners. in the new development. The new branch will offer a full range of deposit products and services, lending programs, investment services, convenient hours of operation, two drive-up lanes, ATMs, accessible parking and a friendly knowledgeable staff. It is expected the new branch will open in late summer 2005. "This is an exciting opportunity for our growing organization," said Robert Balletto, President and Chief Executive Officer at Georgetown Savings Bank. "This new location allows us to reach out to new customers, whether they are consumer or commercial, by expanding our geographic reach to an area contiguous to our current geographic market. We look forward to bringing our brand of community banking and commitment to community to this fast-growing region." Ross Hamlin of Eaglewood Properties, LLC adds, "Georgetown Savings Bank is an excellent addition to our Eaglewood Shops project. The Eaglewood Shops are in a prime location to serve area businesses and residents and they, along with the bank, will be a great addition and value to the area." About Georgetown Savings Bank Founded in 1868, Georgetown Savings Bank, with branches in Georgetown, MA and Rowley, MA, serves the financial needs of Essex County Essex County can refer to:
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