Savings

No matter who you are and where you’re at in life, saving is always part of a solid financial plan. At Northwestern Bank, we have a variety of accounts and variable term CDs and can help you develop your savings strategy.

First Choice Savings Account

  • $5.00 monthly maintenance fee if balance falls below $100 any day during a statement cycle
  • No minimum balance requirements if you are 18 years of age or less
  • 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 withdrawals 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 an account. At our discretion, a cashier’s check may be issued and mailed to the account holder for the closing balance of any checking or savings account that has not had activity for 12 months.






Julia Kroeze


Carol Pomerenke