Featured Savings Rates
Featured Accounts

South Shore Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
2.00%Reward CheckingRewards Checking
1.35%Reward SavingsRewards Savings
2.30%5-year CD60 Month CD

Overview / Commentary
781-682-3715
1530 Main Street
South Weymouth, MA 02190

South Shore Bank is headquartered in South Weymouth and is the 30th largest bank in the state of Massachusetts. It is also the 586th largest bank in the nation. It was established in 1833 and as of March of 2018, it had grown to 202 employees at 18 locations. South Shore Bank's money market rates are 14% higher than the national average, and it boasts an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #90303
Year Established1833
Employees202
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.66%
Return on Equity - YTD6.23%
Annual Interest Income$12.5MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$1.35B$1.07B
LoansQ1 2018vs Q1 2017$985.8MM$764.5MM
DepositsQ1 2018vs Q1 2017$1.09B$850.9MM
Equity CapitalQ1 2018vs Q1 2017$141.8MM$117.2MM
Loan Loss AllowanceQ1 2018vs Q1 2017$8.7MM$7.7MM
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$5.1MM$5.2MM
Real Estate OwnedQ1 2018vs Q1 2017$0$0
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.35%-$50kRewards 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%*$100k*$500kBusiness Platinum Money Market
OTHER TIERS: 0.25% Up to $100k | 0.50% $500k+
0.50%*$100k*$1mHigh Yield Money Market
OTHER TIERS: 0.03% Up to $2,500 | 0.05% $2,500 - $25k | 0.25% $25k+ | 0.40% $50k - $100k
0.20%*$100k*-Business Money Market
OTHER TIERS: 0.05% $1k - $5k | 0.10% $5k - $100k

South Shore Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%*-$25kRewards Checking
OTHER TIERS: 0.05% $25k+
0.05%--Preferred Checking

South Shore Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.30%$1k-60 Month CD
2.00%$1k$500k30 Month CD
2.00%$1k$500k44 Month Rewards CD
1.90%$1k-22 Month CD
1.80%$1k-16 Month CD
1.55%$1k-9 Month CD
1.40%$1k$500k14 Month Rewards CD
1.25%$1k-48 Month CD
1.00%$1k-36 Month CD
0.80%$1k-24 Month CD
0.60%$1k-12 Month CD
0.60%$1k-18 Month CD
0.50%$1k-15 Month CD
0.30%$1k-6 Month CD
0.25%$1k-3 Month CD

South Shore Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.30%$1k-60 Month IRA
1.90%$1k-22 Month IRA
1.80%$1k-16 Month IRA
1.55%$1k-9 Month IRA
1.25%$1k-48 Month IRA
1.00%$1k-36 Month IRA
0.80%$1k-24 Month IRA
0.60%$1k-12 Month IRA
0.60%$1k-18 Month IRA
0.50%$1k-15 Month IRA
0.30%$1k-6 Month IRA
0.25%$1k-3 Month IRA
Locations

Availability



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