Why let excess cash sit in your business checking account? North Shore Bank offers accounts that fit the way your company saves. Depending on your needs — liquidity or maximum return — you can choose from traditional money market accounts or certificates of deposits (CDs).
Business Money Market Account
A North Shore Bank Business Money Market account is the perfect solution for maximizing your return on idle cash. Features and benefits of a Business Money Market account, include:
- Ready access to your funds*
- Competitive tiered interest rate structure
- Detailed monthly statement
*Transfers from a Money Market account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer or by check, draft, debit card, or similar order are limited to six per statement cycle.
Business Certificates of Deposit
Our Certificates of Deposit are the more traditional method for earning guaranteed returns over a specific period of time – no matter what happens in the financial market.
To discuss Business CDs and Money Market Accounts at North Shore Bank, call us at (978) 538-7000, or drop by one of our conveniently located 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). No one provides better deposit insurance.