About Us

Newburyport Five Cents Savings Bank is a mutual savings bank founded in Massachusetts in 1854. Newburyport Bank prides itself on its product offerings and exceptional customer service. As a local community bank, not only are we in the community, but we are part of it. Since inception, our commitment to give back to the communities we serve, and improve their quality of life is unwavering. Words commonly used to describe us: Enjoyable, Compassionate, Welcoming, Appreciative, Perseverance, Family.

Annual Report >

Bank History >

June 19th, 1854, Newburyport Five Cents Savings Bank opened its doors for business. The mutual savings bank, founded in Massachusetts, set out with the mission to help the youth save for their future. As the name implies, deposits as small as five cents could be made to the Bank. This was significantly lower than surrounding banks at the time that averaged minimum deposits of $1-$3 dollars. Soon, Newburyport Five Cents Savings Bank became known as the Children's Bank. Our founding roots still run strong in our business practices today.

The main office was originally located on 42 State Street, Newburyport, MA. Within six years the main office made its first move to 53 State Street. As the years progressed, the location moved twice more up State Street to 74 State, and to its present location of 63 State Street in 1928. In the early 1970's, Branch locations began to spread throughout the Greater Newburyport area. In 2013, the Bank expanded to Newburyport's sister city, Portsmouth, NH with two locations.

Though our business hours have changed from the first day we opened our doors (10am -1pm daily and 6pm-8pm on Saturday evenings), our commitment to the communities we serve is unwavering. As a part of the community, it is our responsibility to give back and improve the quality of life for all those who call these communities home. We pride ourselves in delivering products and services to meet your individual needs, being approachable as your personal banker, building relationships with each of our customers.

Stop in and visit one of our locations today to join our family. Bank at Newburyport's finest community bank that will be here for years to come.

Brand Identity Standards >

Our brand identity platform is a summary of who we are. It acts as a lens or filter for creating and communicating everything we do. The heart of the platform is the brand promise that should come through to our customers and community as a single, compelling and relevant idea. For more information please contact us (978) 462-3136

View our Brand Identity Standards and Logo Guidelines.

If you are a nonprofit organization, community group or a media representative looking for the bank logo in jpeg or eps format please contact: Madelyn Williams, Marketing Coordinator at 978-225-8952 or by email at mwilliams@newburyportbank.com

Executive Management >

Janice C. Morse
President and CEO

Jan was appointed President and CEO in 2011. Previously, she was Executive Vice President Treasurer, a position she held until 2006. Prior to that she served as the Bank's Treasurer for 17 years. During her 36 years at the bank she has held several other positions including Vice Treasurer, Marketing Director, Branch Manager, and Customer Service Representative. Her community activities include oversight of Newburyport Five Cents Savings Charitable Foundation, Vice Chairman of the Anna Jaques Hospital, Chairman of the AJH Audit Committee, Trustee of the Frank L. Currier Charitable Foundation as well as the Northern Essex Community College Foundation Board. Her memberships to other organizations include Greater Newburyport Chamber of Commerce Economic Development Committee, John Greenleaf Whittier Association, and the Federal Home Loan Bank's Member Advisory Board. Jan received her B.S. from the University of Massachusetts and is a graduate of the Massachusetts School of Financial Studies and National School of Banking at Fairfield University.

Marc A. MacBurnie
Executive Vice President - Senior Lending Officer

Marc was appointed Executive Vice President in 2011. Prior to this Marc held the position of Senior Vice President, Commercial Lending and has 33 years of banking experience. Previously, Marc served as Vice President at First & Ocean National Bank and Assistant Vice President at Northeast National Bank. Marc oversees all aspects of commercial lending, including originating and underwriting larger commercial loans. His community involvement activity includes serving as a Corporator Anna Jacques Hospital, former Trustee Anna Jacques Hospital Charitable Foundation, former Co-Chair Anna Jacques Business Partnership, and serves on the Amesbury Education Foundation Advisory Board. Marc is a graduate of the New England School of Banking at Williams College, American Institute of Banking, the National Commercial Lending School at the University of Oklahoma, and the Graduate School of Banking at the University of Colorado.

Timothy L. Felter
Senior Vice President - CFO/Treasurer

Prior to joining the bank in March of 2011, Tim served as the CFO/Treasurer and Senior Vice President at the First National Bank of Ipswich. His responsibilities included all aspects of the financial operations including financial and tax reporting, investment portfolio management, shareholder relations, asset/liability management, and insurance. His extensive banking and financial management experience also includes holding several senior management positions at Riverbank, Shawmut Bank, N.A., and Pioneer Financial, a Cooperative Bank, as well as working as an Auditor for Arthur Andersen & Co. Tim received his B.S. in Accountancy from Bentley University and is a Certified Public Accountant. Tim and his family reside in Newburyport. He also spends times in the community serving as the Treasurer of Newburyport's Custom House Maratime Museum and Treasurer of the Essex National Heritage Commission.

Testimonials >

Jane Harris-Fale, Opportunity Works, Newburyport, MA

David & Elisa Gerasin, Kittery, ME

Bob & Joyce Hartigan, Bob Lobster Owners

Daniel Phelps, Proud Homeowner, Rochester, NH

Beth & Scott Berger, Happy Homeowners, Newburyport, MA

Brian Fecteau, Amesbury Chevrolet Owner

Rob Carty, Principal. TMS Architects, Portsmouth, NH

Happening Now >

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Mission Statement & Core Values >


The mission of Newburyport Five Cents Savings Bank is to provide to people and businesses in its banking area the financial services they desire. To carry out its mission the Bank must and will:

  1. Remain a financially strong, independent, mutual savings bank by profitably delivering these services to the community and continually adapting to change;
  2. Be highly competitive through a highly trained, motivated and efficient staff whose compensation, benefits and advancement opportunities reflect their enthusiasm, commitment and dedication to providing exceptional customer service in a highly ethical and professional manner; and
  3. Be committed to supporting and enhancing the quality of life in its market area through the philanthropic efforts of the Bank and volunteerism by its employees.

Core Values

We will treat customers, co-workers and community members with respect, fairness and an unwavering commitment to a high standard of integrity and professionalism.