North Shore Bank

Business Deposit Rates

Business Deposit Rates*
– effective September 4, 2018

       

Account Type

Minimum Deposit
to Open

Minimum Daily Balance to earn APY APY

  Business Interest Checking 1

$10.00 $10.00 0.05%
  1. Annual Percentage Yield (APY) is subject to change. Minimum balance requirement is waived for non-profit organizations (IRS Code 26, Section 501(c)(3) required).

Account Type

Minimum Deposit
to Open

Minimum Daily Balance to Earn APY APY

  Business Money Market 2

$2,500

$0.00 to $9,999.99

0.05%

 

$10,000 to $99,999.99

0.20%

 

$100,000 to $499,999.99

0.20%

  $500,000 and Over 0.20%
  1. Annual Percentage Rate (APY) is subject to change after the account is opened and assumes that interest remains on deposit. Fees could reduce earnings.

Need more information about Business Money Market accounts?