We understand the importance of saving – whether you’re putting money aside for the future, or just trying to manage your monthly cash flow. That’s why we provide savings products and services designed to meet a variety of needs and financial goals.
Statement Savings Accounts
Managing your money is easy with a North Shore Bank Statement Savings account — best of all you won’t need a lot of it to get started. In fact all you need is $10 and you’ll earn interest on your balance and have the ability to access your money whenever you need it. Keep just $250 in the account to avoid the monthly service fee.
- $10 opens your account, and a minimum daily balance of $10 will earn interest
- Receive a monthly statement of your transactions
- Accessible at thousands of ATM locations
Student Saver Accounts
Our Student Saver Account was designed as a complement to North Shore Bank's Savings Makes "Cents" program — an instructional banking course designed for elementary school children focusing on money management. North Shore Bank and local schools work together to teach children basic money concepts, including how to open a savings account, the origin of money and basic budgeting skills. Bank personnel visit the Waybright and Oaklandvale Schools each month, bringing your child's passbook Student Savings Account to the classroom. Your child can then make deposits and we explain how the savings account grows with interest.
All-Purpose Club Account
With a Club account, you can plan ahead for large purchases and avoid high credit card bills. It’s the easy, painless way to save for holiday gift-giving, charitable contributions, or that special trip.
Signing up for a Statement Savings, All-Purpose Club or Student Saver Accounts is easy. Just stop in at one of our convenient locations to get started or call us at (978) 538-7000.
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.