Helping you make the most of short-term funds.
Business Savings Account
This classic savings account requires a minimum investment of only $100. Withdrawals are unlimited in person, electronically or at an ATM (if Debit card is attached to NVB checking account) or by mail. Interest accrues daily and is paid quarterly. Additional deposits may be made at any time, in any amount. The $3 monthly service charge will be waived as long as you maintain a $100 balance in your account.
Certificates of Deposit
Diversify your investment portfolio with a certificate of deposit. Earn a guaranteed rate of interest over a wide variety of terms to meet your needs, from 3 months to 10 years. The minimum investment is $1,000. Additional deposits may be made any time with $500 or more on certificate terms less than 3 years.
Requirements for New Accounts: To help the government fight the funding of terrorism and money laundering activities, Federal law (USA Patriot Act) requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. What this means to you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.