Savings Accounts

First National Bank of Northfield offers three business savings accounts to help you manage your business.

Account Options Account Features Monthly Service Fees Interest Statement Cycle
Regular Savings A low minimum balance account for savings. No maintenance fee with $200 minimum balance. $2 maintenance fee per month (if balance falls below $200). $1 per debit transaction after 3 per month (if balance falls below $1,000). Interest bearing; compounded daily and paid quarterly. Quarterly statements
Money Market Savings A convenient savings plan with money market rates paid. No maintenance fee with $2,500 minimum balance. $10 maintenance fee per month (if balance falls below $2,500). $5 per debit transaction after 3 per statement cycle. Interest bearing at money market rates; compounded and paid monthly. Monthly statements
Heywood Money Market Savings A savings account with higher returns at money market rates. Three levels of return: $10,000-$49,999; $50,000-$99,999; $100,000+. $20 maintenance fee per month if average balance falls below $10,000. $5 per debit transaction after 3 per statement cycle. Interest bearing at higher money market rates; compounded and paid monthly. Monthly statements

Additional Services

* Subject to qualification.