Money Market Rates

Money Market Account1

Effective November 14, 2019
Minimum Balance to OpenMinimum Daily Balance to Earn APYAPY
$10$0.00 to $9.990.00%
 $10.00 to $24,999.990.10%
 $25,000 & Over0.25%
1 Annual Percentage Yield (APY) is a variable rate and subject to change at anytime at the discretion of the bank. Minimum balance to open the account is $10. A monthly maintenance fee of $10 will be imposed unless the average daily balance is equal to or greater than $2,500. Transfers from this account to another account or to third parties by preauthorized, automatic, telephone, computer, check, draft, debit card or similar order are limited to six per statement cycle. Greater than six transfers will result in a $10.00 excess transaction fee per item.The account will be closed or converted to a transaction account if repeated transaction limitation violations occur. If we convert your account, we will tell you that we have done so. Fees may reduce earnings. Personal accounts only.

Premier Money Market Account2

Effective November 14, 2019
Minimum Balance to OpenMinimum Daily Balance to Earn APYAPY
$10$0.00 to $9.990.00%
 $10.00 - $19,999.990.10%
 $20,000.00 - $74,999.991.05%
 $75,000.00 - $9,999,999.991.40%
2 Annual Percentage Yield (APY) is a variable rate and subject to change at anytime at the discretion of the bank. Minimum balance to open the account is $10.00 and there is a maximum of $9,999,999.00. A monthly maintenance fee of $10 will be imposed unless the average daily balance is equal to or greater than $2,500. Transfers from this account to another account or to third parties by preauthorized, automatic, telephone, computer, check, draft, debit card or similar order are limited to six per statement cycle. Greater than six transfers will result in a $10.00 excess transaction fee per item.The account will be closed or converted to a transaction account if repeated transaction limitation violations occur. If we convert your account, we will tell you that we have done so. Fees may reduce earnings. Personal accounts only.

Indexed Money Market Accounts3

Effective November 14, 2019
Minimum Balance to OpenMinimum Daily Balance to Earn APYAPY
$10$.01 - $49,999.990.00% - 0.15%
 $50,000 - $149,999.990.15% - 0.38%
 $150,000 - $349,999.990.38% - 1.17%
 $350,000 - $499,999.991.17% - 1.49%
 $500,000 -$ 999,999.991.49% - 1.73%
 $1,000,000 - $2,500,0001.73% - 1.82%
3 Annual Percentage Yield (APY) is subject to change without notice. You must deposit $10.00 to open this account and there is a maximum of $2,500,000. A monthly maintenance fee of $10 will be imposed unless the average daily balance is equal to or greater than $2,500. Transfers from this account to another account or to third parties by preauthorized, automatic, telephone, computer, check, draft, debit card or similar order are limited to six per statement cycle. Greater than six transfers will result in a $10.00 excess transaction fee per item. The account will be closed or converted to a transaction account if repeated transaction limitation violations occur. If we convert your account, we will tell you that we have done so. Fees may reduce earnings.


For more information about Money Market accounts, CLICK HERE 

To speak with an account representative, just stop in at one of our branch locations or call Customer Support at (978) 573-1300.

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).