Business Savings Accounts
Business savings accounts offer...
North Valley Bank is proud to be a part of our local business community. With our main focus on customer service, it is our goal to make doing business with us as easy and convenient as possible.
Do you need to maintain extra cash reserves for your business?
Use North Valley Bank’s Statement Savings account to place your excess funds without having to maintain a high minimum balance. The Statement Savings account includes:
- Minimum balance of $100.00 to open an account.
- Interest accrued daily, paid monthly on collected balance.
- Tiered rate based upon balance, subject to change at our discretion.
- Must maintain a minimum collected balance of $500.00 to avoid a monthly service fee of $5.00
- Statements are monthly if combined with a Checking account and/or show activity. If there is no activity, statements are End-of-Quarter.
These days you simply have to save to achieve your financial goals and North Valley Bank wants to help you get there.
Money Market Accounts
A Money Market account may help your small business earn money faster than a traditional savings account.
Higher yield money market accounts, like those at North Valley Bank, allow you the convenience of a savings account combined with attractive interest rates. You can easily control and access your finances with a higher interest money market account so you can start increasing your earning potential today!
North Valley wants to help you earn more on your money with attractive money market rates while enjoying the additional liquidity and security of an FDIC insured account. Deposits and withdrawals are made easier with North Valley Bank’s convenient American Blue Money Market account with benefits of a traditional checking and savings account:
- Minimum balance of $100.00 to open an account
- Interest Accrued daily and paid monthly on collected balance
- Online Banking
- Free Telephone Banking
- Bill Pay and E-Statements
- Check Images included with monthly statements.
- Free ATM/MasterCard® Debit Card
- Tiered Interest Rate based upon balance; subject to change at our discretion.
- Minimum collected balance of $1,000.00 required to avoid monthly maintenace fee of $10.00.
- First 6 withdrawals made by auto transfer, telephone order or pre-authorized debit are free. Over 6 are $10.00 per item. All over the counter items are free.
- Free Notary Service
- Free ATM Transaction at NVB or any MoneyPass® location*
* Other banks may charge usage fees at ATM’s not operated by NVB or the MoneyPass® Network.