Savings Accounts

First National Bank of Northfield offers three savings accounts – Regular, Money Market and Heywood – to meet the varied needs of our customers. In addition, we’re also pleased to offer a no minimum balance account for Northfield’s youngest savers, kids under 18 years of age. If you’re interested, our current rates can be found here.

Type Description Minimum Balance Monthly Service Fees Interest Statement Cycle
Regular Savings A low minimum balance account for savings. $200 minimum balance (if over 18 years of age) $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. $2,500 minimum balance $10 maintenance fee per month if average 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+.
$10,000 minimum balance $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 Benefits

If you like what you see, contact us today to get started!

How to Open an Account »