 Believed to be named after a large beaver dam by the first Loyalists settlers in the 1780s,, the community of Beaver Bank dates back to 1776 when Boston Loyalist Mary Brown Parcel Barnstead and her son, John Henry Barnstead (1764–1861), arrived just after the American Revolution commenced.After the War of 1812 George and John Barrett, shopkeepers from Blackthorn, Oxford, England.In 1816, the Fultz family were granted a thousand acres (4 km²) of land.