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Deposit Rates

Checking Rates*

Effective Date: Wednesday, August 16, 2017

TypeMinimum Daily
Balance to earn APY*
APY
Rewards Checking** (If requirements are met)$10.001.750%Open An Account
$25,000.000.050%
Rewards Checking** (If requirements are not met) $10.000.050%Open An Account
Relationship Checking $10.000.050%Open An Account

*Annual Percentage Yield (APY) and rate subject to change without notice. Rate may change after the account is opened. Fees could reduce earnings on account. Please consult a Customer Service Representative for information about fees and terms for these accounts.

**1.75% Annual Percentage Yield (APY) as of 3/22/16 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% 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 Offer may be withdrawn at any time. One account per tax reporting owner. A statement cycle ends the last business day of a calendar month.

Savings Rates*

Effective Date: Wednesday, August 16, 2017

TypeMinimum Daily
Balance to earn APY*
APY
Regular Savings (Passbook or Statement) $10.000.050%Open An Account
Premium Savings $10.000.050%Open An Account
$25,000.000.200%
High Yield Money Market$10.000.050%Open An Account
$25,000.000.100%
$50,000.000.100%
$100,000.000.200%
Rewards Savings (When requirements are met*** Max. $50,000. )$10.001.250%Open An Account
Rewards Savings (When requirements are not met*** Max. $50,000)$10.000.050%Open An Account

*Annual Percentage Yield (APY) and rate subject to change without notice. Rate may change after the account is opened. Fees could reduce earnings on account. Please consult a Customer Service Representative for information about fees and terms for these accounts.

***Must already have or open a Rewards Checking Account. 1.25% Annual Percentage Yield (APY) as of 3/22/16 is paid on balances up to and including $50,000 provided all account requirements of your corresponding Rewards Checking Account are met for the prior month. If requirements are not met, you will earn our Statement Savings Rate, which is 0.05% APY as of 3/22/16, on balances above and including $10. Amounts above $50,000 will be automatically swept to your Rewards Checking Account. This sweep is part of the maximum of 6 transfers allowed from a savings account per month. Rates may change at any time without prior notice. One per tax reporting owner. Certain products are available to open online. Products that are not available to open online can be opened in any of our branches.

Business Savings rates*

Effective Date: Wednesday, August 16, 2017

TypeMinimum Daily
Balance to earn APY*
APY
Business Savings $2,000.000.050%Contact Us
Business Money Market $1,000.000.050%Contact Us
$5,000.000.100%
$50,000.000.100%
$100,000.000.200%
$250,000.000.200%
Business Platinum Money Market**$0 - $99,999.000.250%Contact Us
$100,000.00 - $499,999.000.750%
$500,000.00 +0.500%

*Annual Percentage Yield (APY) and rate subject to change without notice. Rate may change after the account is opened. Fees could reduce earnings on account. Please consult a Customer Service Representative for information about fees and terms for these accounts. 

**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.

Certificates of Deposit Rates*

Effective Date: Wednesday, August 16, 2017

TypeMinimum Daily Balance to earn APY*APY
3 Month CD or IRA $1,000.000.200%Open An Account
6 Month CD or IRA$1,000.000.250%Open An Account
9 Month CD or IRA $1,000.000.250%Open An Account
12 Month CD or IRA$1,000.000.400%Open An Account
14 Month Rewards CD**$1,000.001.400%Open In Branch
15 Month CD or IRA $1,000.000.500%Open An Account
16 Month CD or IRA***$1,000.001.400%Open in Branch
18 Month CD or IRA $1,000.000.600%Open An Account
22 Month CD or IRA***$1,000.001.500%Open An Account
24 Month CD or IRA$1,000.000.700%Open An Account
30 Month CD or IRA ***$1,000.001.600%Open In Branch
36 Month CD or IRA$1,000.000.750%Open An Account
44 Month Rewards CD**$1,000.002.000%Open in Branch
48 Month CD or IRA $1,000.001.000%Open An Account
60 Month CD or IRA$1,000.001.100%Open An Account

*Annual Percentage Yield (APY) and rate subject to change. A penalty will be imposed for early withdrawal from a certificate account.

**Personal customers only. A penalty will be charged for early withdrawal. Must already have or open a Rewards Checking account to open this certificate of deposit. Must meet Rewards Checking Account requirements for the prior month to earn the advertised APY. (The 14-month Rewards CD will revert to a rate of 0.50% APY if Rewards Checking Account requirements are not met. At maturity, the 14-month Rewards CD will roll into a standard 15-month CD. The 44-month Rewards CD will revert to a rate of 1.00% APY if Rewards Checking Account requirements are not met. At maturity, the 44-month CD will roll into a standard 48-month CD. Account requirements will be waived for the first statement cycle.) Offer may be withdrawn at any time.

***Maximum deposit is $500,000. Personal customers only. A penalty will be charged for early withdrawal. At maturity, the 16-month CD will roll into a standard 15-month CD and the 22-month and 30-month CDs will roll into a standard 24-month CD.