Savings

There are many reasons to save your money and we offer many products to help you save!

North Shore Bank offers a wide array of products to help you save and grow your money! You can learn more about each account below and compare accounts at a glance or apply online now!

Find the Account that is Best for You!

Retail Savings

Product Name Description Minimum Fees Features Interest Rates
Regular Savings Our Regular Savings account is for anyone looking to start saving – be that for a nest egg or your next vacation! It offers free online banking. There is a $50 minimum balance and $3 monthly service charge if balance requirement is not met.
  • $50 minimum balance
  • $3 monthly service charge if balance requirement is not met
  • $100 minimum opening deposit required
If you are under the age of 18 or over the age of 50 there is no minimum balance requirement needed. See Rate Sheet (Interest is paid quarterly)
North Shore Gold Savings For our better-than-50 customers.
  • No minimum balance requirement
  • No monthly service charge
  •  $100 minimum opening deposit required
This savings account is free and has no minimum balance requirement for customers over the age of 50. See Rate Sheet (Interest is paid quarterly)
North Shore Minor Savings This is the perfect account for you to save for your children. Please contact a Personal Banker for more information.
  • No monthly service charge
  • No minimum balance requirement.
See Rate Sheet (Interest is paid quarterly)
Insured Investment Account Anyone looking for a higher rate of return without penalties for early withdrawal will want to learn more about the Insured Investment Account.
  • $2,500 minimum balance requirement
  • $10 service charge if balance falls below
  • You can access the money with the convenience of writing a check.
  • $100 minimum opeing deposit required 
  • Checks are available for this account
  • Interest accrues daily and is paid monthly.
See Rate Sheet
Preferred Investment Account If you're looking for the highest rate of return possible in a liquid account (and without risk of penalty for early withdrawal), the Preferred Investment Account is right for you. Interest accrues daily and is paid monthly, and you can access the money with the convenience of writing checks.
  • Monthly service charge is waived if balance is at or exceeds $15,000
  • If balance falls below requirement a $10 service charge will be assessed
  • $100 minimum opening deposit required 
  • Checks are available for this account
  • Interest accrues daily and is paid monthly.

See Rate Sheet

Health Savings Accounts Our Health Savings Accounts are ideal to supplement your qualifying employer provided health insurance plan. It's also a great way for self employed customers (who have a qualified health insurance plan) to save for their health care costs with pre-tax dollars. Please contact a personal banker for more information. Contact a Personal Banker for more information. Contact a Personal Banker for more information. Contact a Personal Banker for more information.

For all savings accounts listed, withdrawals and/or transfers to another personal or third party account are limited to six per month as prescribed by federal regulation D. This includes all electronic and manual transfers and withdrawals.

Accounts at Zero Balance: All deposit accounts (Checking, Savings and Money Market Savings) with a balance of zero for 35 consecutive days will be automatically closed.