Saving Account Solutions

Regular Savings Account

Our Regular Savings account offers the following benefits:

  • a competitive interest rate
  • transactions are itemized on an account statement
  • 24 hour ATM access with an approved NBW Debit Card or ATM Card
  • 24 hour account information available through Online Banking, Mobile Banking or Telebanc (888-324-5551)
  • no service charges if certain criteria is met (see below)
  • Interest is compounded and paid quarterly. The interest rate and annual percentage yield is variable.

The minimum balance to avoid a service charge is $200.00. If the balance falls below $200.00, a monthly maintenance fee of $3.00 is assessed, along with $0.25 per withdrawal or debit. These fees are waived if the account holder is under 18 (per signed affidavit on file). Transfers from your Regular Savings Account to another account or to third parties by preauthorized, automatic, or telephone transfers are limited to six (6) per calendar month – by check, debit card, or similar order to third parties.

Christmas Club Account

Our Christmas Club account is a great way to plan ahead for holiday shopping. There is no minimum balance and no service charges, so you can choose a deposit schedule that will meet your savings goals. For your convenience, we can automatically transfer money from your personal checking account to your Christmas Club Account. Just ask one of our friendly representatives, and they can set that up for you. In mid-October, interest is credited to your account and a check will be mailed to you, so you will be ready for the Holiday Season.

You work hard for your money. A risk free investment offers you the peace of mind you deserve.