Peter Z. Shabowich

Danvers Bancorp, Inc. provides loans to its customers, including commercial and industrial loans, commercial real estate loans, owner-occupied residential mortgages and consumer loans, and invests in investment securities. It funds these lending and investment activities with deposits from the general public, funds generated from operations and selected borrowings. The bank also provides non-deposit investment products and services, cash management, debit and credit card products and online banking services. The company was founded in 1850 and is headquartered in Danvers, MA.