Our value-priced Business Basic 100 and Business Basic 200 checking programs allow you to select a level of checking activity that's appropriate for your business. Businesses with higher transaction volumes should find that our Commercial Checking account meets their needs while containing their costs.
Business Basic 100 Checking
With Business Basic 100 Checking, the first 100 transactions each statement period are included for a flat monthly fee of just $10. Maintain an average collected balance of $10,000 in the account and we will waive the monthly fee. Transactions over 100 in a statement period are 30¢ each.
Commercial Checking
You can perform as many transactions — including checks, deposits and/or withdrawals — as necessary. There are no minimum balance requirements. Instead, you receive an earnings credit allowance based on the available collected balance in your account. This allowance is used to offset all or part of the activity fees associated with your account.
Business Basic 200 Checking
Need a higher account activity level? Business Basic 200 Checking offers you up to 200 transactions each statement period for a monthly fee of $17. Maintain an average collected balance of $20,000 in the account and we will waive the monthly fee. Transactions over 200 in a statement period are 30¢ each.
Your deposits are insured in full!
All deposits at South Shore Savings Bank are insured in full — the first $100,000 by the Federal Deposit Insurance Corporation (FDIC), and any amounts above that level by the Deposit Insurance Fund (DIF).
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Equal Housing Lender Member FDIC Member DIF