Frequently Asked Questions

How do you process my transactions? What is "order of processing"?

North Shore Bank generally processes transactions to your account at the end of each day, Monday – Friday, excluding federal holidays. We also process certain categories of transactions on Saturdays, excluding federal holidays. Transactions generally process in the following order:

  1. Most credits process first including: sweeps, overdraft protection transfers, Remote Deposit Capture (RDC), mobile deposits, and Automatic Clearing House (ACH) credits.
  2. Debits and credit transactions performed by you or us at the Bank, at the ATM, or via Internet or telephone transfers and applicable transaction fees (i.e., stop payment, wire transfer, ATM or overdraft fees agreed to at the time of the transaction), process in the date/time order they occurred.
  3. Debit card transactions process in date/time order on the date they are settled by the merchant and then received at the bank.
  4. ACH debits process from lowest to highest dollar amount on the effective date they are presented and settled.
  5. Debit sweeps from funding accounts to cover overdraft protection transfers.
  6. Checks process in check number/numerical order.
  7. Monthly interest credits and applicable account fees. See our Fee Schedule for details.
The processing order of these items is important because if there is not enough money in the account to pay for the items in the order they are processed in accordance with the processing order, there may be an overdraft on your account which may result in overdraft or non-sufficient funds fees or an increase in the amount of these fees.

Frequently Asked Questions