Dear Friends,

LowellBank first opened its’ doors on April 29, 1885. In Room #90, a small one-room office on the top floor of 53 Central Street a charter was granted to the 26 Original Incorporators of LowellBank. On April 29, 2010 we celebrated the 125th anniversary of LowellBank and acknowledged the strong ties that exist between the City of Lowell and one of its oldest surviving financial institutions.

During the bank’s 125 year history it has stood strong with the City of Lowell as they both endured and witnessed: the inauguration of 22 U.S. Presidents, the destruction of Lowell Cooperative first banking rooms by fire in 1920, the construction of and relocation to a new bank building at 18 Hurd Street in 1925, the Stock Market Crash of 1929 and subsequent Great Depression, “The Great Lowell Flood” of 1936, the hurricane of 1938, World War II, several recessions, and the successful revitalization of the Downtown. During these times, LowellBank established a long history of support and giving back to the city.

That tradition continues today as supporting our community both on an individual and corporate level, as well as investment in our customers, continues to be a priority. Many of today’s LowellBank customers remember the trust their parents’ and grandparents’ placed in LowellBank and its promise that their hard earned dollars were “insured in full.” That trust and protection continues, as “All Deposits Insured in Full” remains a promise made to each and every depositor.

As we continue our efforts to chart a course for the next 125 years, I would like to thank our loyal customers and the community for their support and encouragement. LowellBank is woven into the history and culture of the City of Lowell and we both look forward to a bright future.

Richard E. Bolton, Jr.

Chairman & Chief Executive Officer

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© 2011 Lowell Cooperative Bank

15 Hurd Street Lowell, Ma 01852 | Main Phone: 978-458-4598

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