Welcome to the new website for North Shore Bank and Abington Bank. On September 21, 2024, North Shore Bank and Abington Bank merged creating a premier community bank with 25 branches throughout eastern Massachusetts and southern New Hampshire. Abington Bank is now a division of North Shore Bank. Together, we can unlock your potential!
We offer an array of account options designed to help you save for and grow your business. What’s more, our free eBusiness Solutions Online and Mobile Banking can help you manage all your accounts easily and securely.
Rise Business SavingsSM
A simple, easy to use savings account with a low minimum balance requirement.
Features
- Earns interest
- No limit on transactions
- Eligible for a debit card and eStatements
Rise Business Money MarketSM
Save big and earn bigger! Stash your excess cash to earn a competitive interest rate with the ability to access your funds when you need them!
- Minimum balance to open account is $500.
Thrive Tiered Business Money MarketSM
Deposit excess cash and earn a competitive interest rate, without giving up liquidity.
Features
- Offers check writing privileges
- Customize the tools you need with eBusiness Solutions (Business Online Banking)
Simplified Employee Pension (SEP) Plan*
Set aside money in a retirement account for yourself and/or your employees with a Simplified Employee Pension (SEP) plan.* Two options are available for businesses.
Self-employed individuals with no employees:
- Annual contributions can be made up to 25% of earned or net income*
- Subject to annual IRS contribution limit*
- Tax-deductible expense*
Small business owner with employees*:
- Discretionary annual contributions can be made by employer up to 25% of compensation
- In any year an employee contribution is made, all eligible employees must receive a non-discriminatory contribution
- Tax-deductible expense*
* Certain restrictions may apply. Consult your tax advisor.