At Beverly Bank, every deposit is insured in full. Federal Deposit Insurance Corporation (FDIC) insures each depositor to at least $250,000. All deposits over and above this amount are covered by the Share Insurance Fund (SIF).
Checking Accounts
Features and Benefits | Advantage Checking | Interest Checking | Free checking | Student Checking |
---|---|---|---|---|
Interest | Compounded monthly, credited monthly | Compounded monthly, credited monthly (higher interest rate onbalances up to $50,000) | Non-interest bearing | Non-interest bearing |
Free ATM Withdrawals at Beverly Bank and North Shore Bank Branches | Unlimited | Unlimited | Unlimited | Unlimited |
Free ATM Withdrawals at Non-Beverly Bank and Non-North Shore Bank Branches1
| Unlimited | 5 free foreign ATM transactions per statement cycle, $1.75 for each thereafter | 5 free foreign ATM transactions per statement cycle, $1.75 for each thereafter | 5 free foreign ATM transactions per statement cycle, $1.75 for each thereafter |
Rebates for ATM Surcharges Imposed by Other Banks | Unlimited | Up to Five Rebates per Statement Cycle | None | Up to Five Rebates per Statement Cycle |
Statements | Paper statements or eStatements with images | Paper statements or eStatements with images | Paper statements or eStatements with images | Paper statements or eStatements with images |
Minimum Deposit to Open | $10 | $10 | $10 | $10 |
Monthly Maintenence Fee | $20 Monthly Maintenance fee is waived with $10,000 in combined average daily balances in savings, CD, checking or money market | $20 Monthly Maintenance fee is waived with $10,000 in combined average daily balances in savings, CD, checking or money market | None | None |
Unlimited Check Writing | ||||
Free Debit Card | ||||
Free Online Banking and Bill Pay | ||||
Free Mobile Banking and Mobile Deposit2 | ||||
Free Treasurer's Check per day | — | — | ||
Preferred CD Rates | — | — | ||
Free 1st Order of Checks | — | — | ||
Free Domestic Wire Transfers | — | — | — |
1 Non-North Shore Bank and Non-Beverly Bank ATMs may impose a surcharge which is in addition to any fee we may charge.
2 We not charge a fee for this service but message and data rates may apply.