Periodically we review our Personal and Business Deposit Account Agreements. There are times when changes are required as part of a regulatory update or new requirement. Other updates may be done to make a section easier to understand.

Following is a summary of the updates which will be effective September 1, 2022, and apply to all your deposit accounts at North Shore Bank. The new and amended portions of the agreements are linked below for your reference.

By keeping your account(s) open after September 1, 2022, you demonstrate your agreement and acceptance of these changes, which include:
  • A change in the name of the agreements
  • Added arbitration policy
  • A change to the order of posting

Following is a summary of Personal and Business Fee Schedule changes which will be effective September 1, 2022. This information is also linked below for your reference.
 

Personal Accounts:

  • Overdraft/Non-sufficient funds (NSF) created by check, in-person or ATM withdrawal, or other electronic means (Limit of 5 charges per day – maximum of $180):
    • - Overdraft Fee – Item paid and account overdrawn by $0.01 to $15:No Charge
    • - Overdraft Fee – Item paid and account overdrawn by $15.01 or more:$36 per item, per presentment, including representment
    • - NSF/Return Item Fee: $30 per item, per presentment, including representment
 

Business & Personal Accounts:

  • Continuous Days Overdrawn (OD) Fee – If your account balance remains overdrawn for 5 continuous business days, we will charge your account a Continuous Days OD Fee of $30. Once your account becomes positive, anytime it becomes overdrawn for 5 continuous business days, we will charge your account another $30 Continuous Days OD Fee.
To view the full Personal or Business Deposit Account Agreement, use the links provided below, or to request a copy be mailed to you, stop by your local branch or contact Customer Support at 877-672-2265.

Frequently Asked Questions