Personal Savings

North Salem State Bank knows the importance of personal savings. For those with excess funds, NSSB offers various Savings Account options. Find the account that works best for you based on the balance you expect to maintain. These savings products allow you to earn a greater amount of interest while still maintaining the flexibility to use your funds when you need them.

 

Silver Savings

  • Convenient & Easy Funds Transfer
  • Interest Paid Monthly - Statement Savings
  • Six withdrawals* per month; $2 per withdrawal over six
  • $100 Minimum Amount to Open

 

Sterling Savings

  • Tiered Interest Rates:
    $ 1 $ 4,999 $25,000 $74,999
    $ 5,000 $24,999 $75,000 Higher
  • Interest Paid Monthly - Statement Savings
  • Six withdrawals* per month; $2 per withdrawal over six
  • $100 Minimum Amount to Open
  • Maintain $1,000 minimum or pay $10/month

 

DocuMoney Market

  • Tiered Interest Rates:
    $ 1 - $10,000 $25,001 - $60,000
    $10,001 - $25,000 $60,001 Higher
  • Interest paid Monthly
  • Either Maintain $10,000 Minimum Balance or Pay $10/Month
  • Six Withdrawals* per Month; $20 per Withdrawal over Six
  • $2,500 Minimum Amount to Open

 

*Withdrawal Limitations:  We are required by law to limit the number of preauthorized transfers of funds from this account to a maximum of six per month.  This includes transfers made by internet banking or telephone banking, ACH debits, automatic transfers to another account of your own, checks, and debit card transactions.  Excess withdrawal fees do apply.