Savings Account Disclosures

Account Type
Minimum Balance
to Open
Minimum Balance 
to Earn Interest
To Avoid Monthly Maintenance & Transaction Fee
Monthly Maintenance
Passbook or Statement Savings*
$10.00 $10.00
Maintain an average daily balance1 of $250.00 $3.00
1. The average daily balance is calculated by adding the full amount of principal in the account for each day of the period and dividing that figure by the number of days in the period.

Funds may be deposited at any time. 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 $5.00 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.

For more information, refer to our Truth in Savings Disclosure.

Non North Shore Bank ATMs may impose a surcharge which is in addition to any fee we may charge.
For more information about Savings Accounts, CLICK HERE >

To speak with an account representative, just stop in at one of our convenient locations
or call us at (978) 538-7000.


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 Depositors Insurance Fund (DIF).