Our savings accounts are designed for the business that needs flexibility. With a low minimum balance of $100.00, your Northwestern Bank Business Savings Account ensures that your capital is exactly that -- "your" capital. For those businesses that can maintain a higher minimum balance, our Money Market Gold Account earns higher annual percentage yields, while allowing easy access to your funds.

Business Savings

  • $5.00 monthly maintenance fee if balance falls below $100 on any day of the statement cycle
  • Six monthly withdrawals at no charge, $5.00 for each withdrawal over six per month*

Business Money Market Gold

  • $8.00 monthly maintainance fee if balance falls below $10,000 on any day of the statement cycle
  • Six monthly withdrawals at no charge, $5.00 for each withdrawal over six per month*

 

Visa check card and POS transactions are not permissible on this account.

Federal regulations and our deposit agreement limit the number of withdrawals and/or transfers that may be made from a savings account by telephone, PC transfer, pre-authorized transfer, or account sweeps to six (6) per month.

*Fees for additional withdrawls are listed on the statement as Total Fees for Service - Chargeable Debits.

Statements are mailed quarterly or combined with your checking account statement. You receive a monthly statement when an EFT transaction occurs during the month.

We may, at any time, refuse to accept, or limit, additional deposits into this account.


Bill Kepp


Tom Brown