Beverly National’s shareholders approve merger with Danvers Bancorp

By Marisa Wong

Milwaukee, Oct. 8 – Beverly National Corporation announced that its shareholders approved the merger of Beverly with Danvers Bancorp, Inc. at a special meeting on Thursday.

According to a press release, the number of shares of Beverly common stock voting to approve the merger agreement represented approximately 95.9% of the shares voted and 74.5% of the total number of outstanding shares.

Danvers is the holding company of Danversbank based in Danvers, Mass.

Beverly, headquartered in Beverly, Mass., is the holding company for Beverly National Bank.

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