Bank Index
South Shore Bank
Bank · South Weymouth, United States · overall 5.6 / 10
How this 5.6 is built
Average of 6 scored needs: 5.6. Regulation in United States: 87/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 2 scores backed by filings or its own pages.
South Shore Bank is recorded in the global register as a bank in South Weymouth, United States. The register names Federal Deposit Insurance Corporation as its regulator and shows the licence as active. Total assets 2.52 bn USD at 2026-06-30. It reports 13 offices. Established 1833. Collected from open registers.
- Legal name
- South Shore Bank
- Regulated by
- Federal Deposit Insurance Corporation
- Licence confirmed
- yes, on a regulator's own list
- Established
- 1833
- LEI
- 5493009TVPZT8PYBF879
- Website
- southshorebank.com
Scores, 0 to 10
7.5Lowest fees
The bank's own page states no monthly account fee. The ceiling here is 7.5 and not 10 because transfer and card prices were not read on that page. It reads: “With no minimum balance requirement and no monthly fee, we make switching to South Shore Bank a no-brainer! Easy, simple, convenient” · source
6.0United States
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
6.0Financial strength & stability
· source
5.5Cross-border payments, FX and multi-currency accounts
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Best interest on business balances
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Trade, manufacturing & import-export
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.