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Checking/Savings Comparison

Small businesses are a big deal to North Shore Bank.

North Shore Bank's business checking and savings accounts have been specially designed to meet the needs of your growing business, whether it's Free Business Checking or a regular business checking account for higher volume transactional needs or more specialized cash management services.

Checking Accounts

Account Name Description Minimum Balance/
Requirements
Fees Earnings
Free Business Checking Free account for businesses with moderate activity No fee for the first 150 items (debits and credits) each month 40¢ for each item over 150 None
Business Checking Earnings credit will minimize or even eliminate fees for active accounts No minimum required
$15/month
12¢/item deposited
22¢/check/debit
75¢/deposit
15¢/ACH debit or credit
North Shore Bank Earnings Credit Rate

Savings Accounts

Account Name Minimum Balance/
Fee If Below
Interest Rate Paid on Balances of Current
APY+
Special Features/
Description
Statement Savings $200 min.
or
$5/month
All balances .35% Basic savings account.
Business Money Market Below $1000 minimum daily balance, $15/month
Excess transaction fee per day (greater than 5 items deposited per day), $10
Charge for checks over three and/or any combination of pre-authorized transfers over six, per statement, $15/month
$0-4,999
$5,000-9,999
$10,000-24,999
$25,000 +
.40%
.75%
.85%
.90%
Tiered rates provide a very competitive money market return.
 

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