South Shore Bank

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LOCATIONS

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
1.75%	Reward Checking	Rewards Checking 1.75% - National Average
1.25%	Reward Savings	Rewards Savings 0.77% - National Average
1.10%	5-year CD	60 Month CD 1.85% - Synchrony Bank 60 Month CD

View all South Shore Bank rates »

Overview / Commentary

www.sssb.com

800-660-7800

1530 Main Street
South Weymouth, MA 02190

South Shore Bank is headquartered in South Weymouth and is the 35^th largest bank in the state of Massachusetts. It is also the 699^th largest bank in the nation. It was established in 1833 and as of June of 2016, it had grown to 176 employees at 14 locations. South Shore Bank has an A health rating.

10/12/10 - $200 Bonus For A Reward Checking Account At South Shore Savings Bank - MA Only
6/13/10 - $200 Reward Checking Account Bonus at South Shore Savings Bank in MA - Local Only
1/21/09 - 3.50% 13-Month CD at South Shore Savings Bank in Massachusetts
1/21/09 - High-Yield Reward Checking Account in South Shore Savings Bank in MA

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Health

A

Data as of Q2 2016

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Health Grade Components

Overall
FDIC Certificate #	90303
Year Established	1833
Employees	176
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	0.22%
Return on Equity - YTD	1.96%
Annual Interest Income	$17.1MM

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$1.04B$1.07B
Loans	Q2 2016vs Q2 2015	$739.4MM$732.2MM
Deposits	Q2 2016vs Q2 2015	$791.6MM$772.3MM
Equity Capital	Q2 2016vs Q2 2015	$114.8MM$110.0MM
Loan Loss Allowance	Q2 2016vs Q2 2015	$7.1MM$7.0MM
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$8.3MM$11.0MM
Real Estate Owned	Q2 2016vs Q2 2015	$940.00K$1.2MM

Rates

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Savings
Money Market
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

South Shore Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.25%	-	$50k	Rewards Savings
0.20%^*	$25k^*	-	Premium Savings
OTHER TIERS: 0.05% → $10 - $25k
0.05%	-	-	Regular Savings - Passbook
0.05%	$2k	-	Business Savings
0.05%	-	-	Regular Savings - Statement

South Shore Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.75%^*	$100k^*	$500k	Business Platinum Money Market
OTHER TIERS: 0.25% → Up to $100k \| 0.50% → $500k+
0.20%^*	$100k^*	-	High Yield Money Market
OTHER TIERS: 0.05% → $10 - $25k \| 0.10% → $25k - $100k
0.20%^*	$100k^*	-	Business Money Market
OTHER TIERS: 0.05% → $1k - $5k \| 0.10% → $5k - $100k

South Shore Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.75%^*	-	$25k	Rewards Checking
OTHER TIERS: 0.05% → $25k+
0.05%	-	-	Relationship Checking

South Shore Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.14%	$1k	$500k	44 Month Rewards CD
1.40%	$1k	$500k	14 Month Rewards CD
1.20%	$1k	-	22 Month CD
1.10%	$1k	-	60 Month CD
1.00%	$1k	-	48 Month CD
0.75%	$1k	-	36 Month CD
0.70%	$1k	-	24 Month CD
0.60%	$1k	-	18 Month CD
0.50%	$1k	-	15 Month CD
0.40%	$1k	-	12 Month CD
0.25%	$1k	-	6 Month CD
0.25%	$1k	-	9 Month CD
0.20%	$1k	-	3 Month CD

South Shore Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.20%	$1k	-	22 Month IRA
1.10%	$1k	-	60 Month IRA
1.00%	$1k	-	48 Month IRA
0.75%	$1k	-	36 Month IRA
0.70%	$1k	-	24 Month IRA
0.60%	$1k	-	18 Month IRA
0.50%	$1k	-	15 Month IRA
0.40%	$1k	-	12 Month IRA
0.25%	$1k	-	6 Month IRA
0.25%	$1k	-	9 Month IRA
0.20%	$1k	-	3 Month IRA

Locations

South Shore Bank has 15 locations. Click to view all South Shore Bank locations.