Commercial Banking Massachusetts, Business Banking MA : South Shore Savings Bank

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Cash Management

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Commercial Banking

It's Commercial Lending...Just better

At South Shore Savings Bank, we have the resources in place to meet your commercial banking requirements with business banking services like commercial deposit services, online banking, cash management and commercial loan and credit services. Our experienced Commercial Lending Officers can offer you responsive turnaround, and competitive rates in combination with local funding and local underwriting. Our relationships with our customers are built on trust and personal interaction. We are here to help you accomplish your goals. It's Commercial Lending...Just better.

Equal Housing Lender Member FDIC Member DIF

Your Deposits are Insured in Full
All deposits at South Shore Savings Bank are insured in full. Each depositor is insured by Federal Deposit Insurance Corporation (FDIC) to at least $250,000. All deposits above the FDIC insurance amount are insured by Depositors Insurance Fund (DIF).

"NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS
All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes interest on Lawyers Trust Accounts (“IOLTAs”). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.

For more information about FDIC insurance coverage of transaction accounts, visit www.fdic.gov.