Savings Rates

Savings Account Rates*

Effective September 11, 2019
Account TypeMinimum Balance to OpenMinimum Balance to Earn APYAPY
Passbook Savings$10 $10.000.050 %
Statement Savings$10$10.000.050%
STATEMENT SAVINGS DISCLOSURE: APY (Annual Percentage Yield) is a variable rate that may change at anytime at the discretion of the bank. 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. 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 — to waive the $3.00 monthly maintenance fee on the statement savings you must maintain a $250 balance. Personal accounts only.

For more information about our savings accounts, CLICK HERE 

To speak with an account representative, just stop in at one of 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).