North Shore Bank

Business Checking Account Comparison Chart

North Shore Bank business checking accounts - image of business woman on steps

Which business checking account
is best for you and your company?

North Shore Bank has developed a suite of business checking accounts that are as unique as your business. Depending on your needs, we have checking options that include low or no monthly maintenance charges, paid interest, as well as accounts with more advanced features and benefits.
Compare business checking accounts below.

Features and Benefits  

Basic Business
Checking
Business Interest
Checking
Business Advantage Checking
       
   What is the ideal business
     type for this account?

Small businesses or start-ups that maintain low deposit balances and conduct minimal monthly transactions

Sole proprietors, non-profit organizations and government agencies with low transaction levels

Growing businesses that maintain large deposit balances and process a significant number of items each month

   Minimum Deposit to Open $10 $10 $10
   Interest Non-interest bearing

Compounded monthly,
credited monthly
CHECK RATE

Non-interest bearing

   Monthly Maintenance Fee None

$15 monthly fee is waived with a minimum daily balance of $2,500*

$18 monthly fee is waived with a minimum daily balance of $25,000*

   Free Monthly Transactions

150

150 400

   Excess Transaction Fee

$0.75 (Includes checks, deposits, deposited items, ACH debits and credits, and debit card transactions)

$0.75 (Includes checks, deposits, deposited items, ACH debits and credits, and debit card transactions)

$0.75 (Includes checks, deposits, deposited items, ACH debits and credits, and debit card transactions)

   Statements

Paper or eStatement 
($5 monthly fee for paper statement with images)

Paper or eStatement 
($5 monthly fee for paper statement with images)

Paper or eStatement 
($5 monthly fee for paper statement with images)

     Foreign ATM Withdrawal Fee $1.75 $1.75 $1.75
    Business Debit Cards
    Free Business Online Banking
    Business Mobile Banking
    Business Mobile Deposit Fee

$2.95 monthly fee – $1 for every deposit in excess of 12 per month

$2.95 monthly fee – $1 for every deposit in excess of 12 per month

No monthly fee – $1 for every deposit in excess of 12 per month

 

 

 

 

*Minimum balance requirements are waived for non-profit organizations.


North Shore Bank also offers Commercial Analysis Accounts — providing an earnings credit to help high volume businesses lower their monthly costs. For further details or to discuss any of our Business Checking offerings, call us at 978-573-1300, or drop by one of our branch offices.


All Deposits are Insured in Full

At North Shore Bank, every deposit is insured in full. FDIC insures each depositor up to $250,000. All deposits above the FDIC limit are insured in full by the Share Insurance Fund (SIF).