The forensic investigation into the Target and Neiman Marcus stores system breaches is on-going. Be assured that North Shore Bank of Commerce takes the responsibility of securing your financial information very seriously. We are currently in the process of replacing all known POTENTIALLY compromised North Shore Bank debit cards used at Target Stores. If you receive a replacement card in the mail please follow the instructions provided to activate your new card. Meanwhile, if you have used a credit or debit card at Target Stores between Nov. 27 and Dec. 15, 2013, or at Neiman Marcus around mid-December 2013, we suggest that you routinely access transactional information online to ascertain if any of your accounts have been compromised. We also recommend, as the most secure course of action, that you request that your bank or credit card company replace the affected card.
NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS All funds in a “noninterest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules. The term “noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts (“IOLTAs”). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.
Save time and reconcile your bank accounts with ease throughout the month. Contact us to start using this feature today.
Pursuant to Federal Regulation GG, financial institutions are required to provide notification to all business clients to ensure compliance with the Unlawful Internet Gambling Enforcement Act. This is a general notification to all North Shore Bank business clients and does not reflect current activity on your account.