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A statement cycle ends the last business day of the calendar month.Open a Rewards Checking Account online
*1.75% Annual Percentage Yield (APY) as of 3/3/14 is paid on balances up to, and including, $24,999.99 provided all other account requirements are met. For balances $25,000.00 and above, the Relationship Checking Interest Rate of 0.05% APY will be paid on the portion of your daily balance that is $25,000.00 or greater. If requirements are not met, the Relationship Interest Rate of 0.05% APY will be paid on balances above and including $10. The APY will range downward from 1.75% depending on the balance in the account. For example, the APY, for a balance of $50,000.00 would be 0.90%. Normal activity charges will apply. Fees could reduce earnings. Rates may change at any time without prior notice. Rates may change after account opening.
**Requirements for each statement cycle are: make at least 15 debit card purchases, Sign up and use Home Banking and Bill Pay at least once per statement cycle, receive at least one direct deposit per statement cycle, and receive a monthly e-Statement.
***If requirements are met, South Shore Bank will refund up to $10 per statement cycle and will not charge a foreign ATM fee for using another bank's ATM. Account requirements will be waived for the first statement cycle.
****$10 minimum deposit to open. Offer may be withdrawn at anytime. One account per tax reporting owner. A statement cycle ends the last business day of a calendar month.
Interested in switching your account to South Shore Bank? Click here for our easy-to-use Checking Account Transfer Kit.