At North Shore Bank our business products and services are competitively priced. And, best of all, they are offered with the individual attention and friendly, personal service thats so hard to find today. Plus, your business deposits are insured in full!
No Minimum Basic Business Checking
We believe business checking should be easy, not expensive. With our No-Minimum Basic Business Checking Account there is no minimum balance and no monthly services fee. Plus, your first 100 transactions (deposits, items deposited, withdrawals, and ATM, POS and ACH transactions) are included at no charge.
Business Checking
Our Business Checking Account offers a low monthly service charge. Plus, you earn a monthly credit based on the average collected balance that can reduce or eliminate your monthly charges. A clear, concise monthly statement helps you keep track of all account activity.
Non-Profit Checking Package
Designed for non-profit organizations (as described in IRS Code 26, Section 501(c)(3)), our combination account has no minimum balance, no monthly maintenance fee and unlimited transactions. The checking account earns a variable interest rate, while the Money Market account earns an above market variable interest rate.
Checking for Sole Proprietors
This interest earning checking account is perfect for sole proprietors, homeowner associations, unassociated professionals and personal trusts. The account features no minimum balance requirements, no monthly maintenance fees and allows for 100 transactions per month at no charge.
Business Money Market
This ideal solution for maximizing your return on idle cash gives you access to your funds while you earn Money Market interest rates. For lower balance levels, our Business Savings Account offers the same flexibility, with normal savings account interest. There are no monthly service charges for either account, and each provides a detailed monthly statement.
Business Statement Savings
Managing your money is easy, with a North Shore Bank Statement Savings Account. Enjoy the convenience of an easy-to-read monthly statement summarizing all your account activity.
Business CDs
Our Certificates of Deposit are the traditional method of earning guaranteed returns over a specific period of time no matter what happens in the financial market. Please contact us for term and rate information.
SEP IRAs
We can help you, and your employees, plan for retirement with a Simplified Employee Pension (SEP) IRA.
IOLTA Accounts
When local attorneys need an "Interest On Lawyer's Trust Account" (IOLTA) they turn to the experts at North Shore Bank!
All Deposits Insured in Full
At North Shore Bank, every deposit is insured in full. The FDIC insures "self-directed" retirement accounts to $250,000 per owner, and each other ownership category to at least $100,000 per owner. All deposits above that amount are insured by the Share Insurance Fund (SIF). No one provides better deposit insurance.
Ready for a bank that makes your business a priority?
For a confidential discussion of your business banking needs, please use our Information Request Form. For business banking services call Jerry Salerno at (978) 538-7065, or Karl Wilson at (978) 538-7080.
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