Savings & Money Market
South Shore Bank has a variety of savings accounts to meet your business needs.
| Business Statement Savings | Business Money Market | Business Platinum Money Market | |
| Best Choice For | Businesses looking for a low-cost account that earns interest | Businesses who want to transfer idle cash from Business Checking to a Business Money Market Account | Businesses who have a Business Platinum Checking or a Commercial Checking Account at South Shore Bank and want to earn a higher rate on select tiered balances |
| Monthly Fee | $3.00 | $5.00 | $5.00 |
| Ways to Waive Monthly Fee | $2,000 minimum daily balance (current cycle period) | $5,000 minimum daily balance (current cycle period) | $5,000 minimum daily balance (current cycle period)or a combined deposit balances (average balances previous month) of $5,000 or more1 |
| Free Online & Mobile Banking |  | |
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| eStatements | |
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| Available with Business Checking Products | |
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| Additional Feature | Make up to 6 electronic or telephone debits, withdrawals, or transfers each month. | Make up to 6 electronic or telephone debits, withdrawals, or transfers each month. | Make up to 6 electronic or telephone debits, withdrawals, or transfers each month. |
1 Only available with Business Platinum Checking or Commercial Checking Account. If you do not meet the requirement ($40,000) in the Commercial or Platinum Checking account, the Business Platinum Money Market will receive the regular Business Money Market rate.
