Rates & Fees
- Deposit Rates
Checking & Savings
Balance
Interest Rate / Annual Percentage Yield*
Total Checking
All balances
0.15 / 0.15%
Regular Savings
$0 - $24.99
0.17 / 0.17%
$25 - $249.99
0.17 / 0.17%
$250 - $999.99
0.17 / 0.17%
$1,000 - $9,999.99
0.22 / 0.22%
$10,000 - $99,999.99
0.28 / 0.28%
$100,000+
0.35 / 0.35%
Money Market
$0 – $999.99
0.17 / 0.17%
$1,000 – $9,999.99
0.22 / 0.22%
$10,000 – $24,999.99
0.28 / 0.28%
$25,000 – $49,999.99
0.33 / 0.33%
$50,000+
0.38 / 0.38%
Prime Access
$1,000 – $24,999.99
0.33 / 0.33%
$25,000 – $49,999.99
0.43 / 0.43%
$50,000 – $99,999.99
0.55/ 0.55%
$100,000 - $249,999
0.75 / 0.75%
$250,000 +
0.90 / 0.90%
High Yield Savings
$10,000 - $24,999.99
0.45 / 0.45%
$25,000 - $49,999.99
0.55 / 0.55%
$50,000 - $99,999.99
0.95 / 0.95%
$100,000 - $249,999.99
1.50 / 1.51%
$250,000 - $499,999
1.90 / 1.92%
$500,000 +
2.25 / 2.27%
Health Savings
$0 - $999
0.17/0.17%
$1,000 - $9,999
0.22/0.22%
$10,000 - $24,999
0.28/0.28%
$25,000 - $49,000
0.33/0.33%
$50,000 +
0.38/0.38%
CD Specials
Amount to Open
Interest Rate / APY
5 Month CD
$10,000 Minimum to open
4.12 / 4.17%
$100,000 +
4.50 / 4.56%
11 Month CD
$1000 - $9,999
2.55 / 2.55%
$10,000 - $99,999
2.75 / 2.75%
$100,000 - $249,000
3.55 / 3.56%
$250,000 +
3.75 / 3.75%
- Banking Fees
- Service Fees
- Safe Deposit Boxes
-
Checking & Savings
Balance
Interest Rate / Annual Percentage Yield*
Total Checking
All balances
0.15 / 0.15%
Regular Savings
$0 - $24.99
0.17 / 0.17%
$25 - $249.99
0.17 / 0.17%
$250 - $999.99
0.17 / 0.17%
$1,000 - $9,999.99
0.22 / 0.22%
$10,000 - $99,999.99
0.28 / 0.28%
$100,000+
0.35 / 0.35%
Money Market
$0 – $999.99
0.17 / 0.17%
$1,000 – $9,999.99
0.22 / 0.22%
$10,000 – $24,999.99
0.28 / 0.28%
$25,000 – $49,999.99
0.33 / 0.33%
$50,000+
0.38 / 0.38%
Prime Access
$1,000 – $24,999.99
0.33 / 0.33%
$25,000 – $49,999.99
0.43 / 0.43%
$50,000 – $99,999.99
0.55/ 0.55%
$100,000 - $249,999
0.75 / 0.75%
$250,000 +
0.90 / 0.90%
High Yield Savings
$10,000 - $24,999.99
0.45 / 0.45%
$25,000 - $49,999.99
0.55 / 0.55%
$50,000 - $99,999.99
0.95 / 0.95%
$100,000 - $249,999.99
1.50 / 1.51%
$250,000 - $499,999
1.90 / 1.92%
$500,000 +
2.25 / 2.27%
Health Savings
$0 - $999
0.17/0.17%
$1,000 - $9,999
0.22/0.22%
$10,000 - $24,999
0.28/0.28%
$25,000 - $49,000
0.33/0.33%
$50,000 +
0.38/0.38%
CD Specials
Amount to Open
Interest Rate / APY
5 Month CD
$10,000 Minimum to open
4.12 / 4.17%
$100,000 +
4.50 / 4.56%
11 Month CD
$1000 - $9,999
2.55 / 2.55%
$10,000 - $99,999
2.75 / 2.75%
$100,000 - $249,000
3.55 / 3.56%
$250,000 +
3.75 / 3.75%
-
Cashier's Check
$8.00
Money Order Reissue
$25.00
Cashier’s Check (non-customer)
$25.00
Return NSF Check (per check)
$33.00
$165 max per day**
Cashier’s Check Reissue
$25.00
Overdrafts (per check)
$33.00
$165 max per day**
Mobile Banking Deposit
$0.00
Overdrawn over 6 consecutive days
$5.00 per day
Gift Card
$4.00
Close Account within 90 days of opening
$35.00
Travel Card
$9.95
Dormant Account*
$3.00 per month
Reload Fee for Travel Card
$3.95
Levies/Garnishments
$100.00
Counter Checks
$5.00 per page
Charge Off Account Fee
$100.00
Money Orders
$5.00
*Fee will be assessed to deposit accounts the bank has lost contact with and have not had a customer-originated transaction for two years.
**Consumer accounts only.
-
Amortization Schedule
$15.00
Copy of Check Images (10 free per year)
$3.00 each check
Replace Debit card
$25.00
Check Delivery Fee
$3.00 per month
Temporary Debit Card Balance Increase
$5.00
Stop Payment
$35.00
Foreign ATM Withdrawals
$2.00
Collection Item Charge
$35.00
Fax (incoming)
$2.00 per page
Wire Transfers
$30.00 (outgoing)
$60.00 (international)
Fax (outgoing)
$2.00 per page
Wire Transfers
$10.00 (incoming)
Notary
Free
Overdraft Sweeps
(Account to Account Transfer)
$10.00 per transaction
(FREE thru Online Banking)
Photocopies
$1.00 per page
Manual Telephone Transfers
$4.00 per transaction
Account Deposit Verification
$10.00
No charge for loan payments received by ACH
Returned Mail Handling per Account
$10.00 per month
Returned ACH loan payment
$15.00
Reconcile Account
$35.00 per hour
$30.00 minimum
Abandoned Account Fee
$50.00
Research on account
$35.00 per hour
$30.00 minimum
Zipper Bags
$5.00 (first one free)
Copy of Statement
$5.00
Locking Zipper Bags
$25.00 (first one free)
-
2"x5"x21"
$37.00*
3"x5"x21"
$40.00
5"x5"x21"
$45.00
3"x10"x21"
$55.00
5"x10"x21"
$72.00
10"x10"x21"
$100.00**
16"x16"x21"
$145.00**
16"x32"x21"
$275.00**
*Nevis branch only.
**Park Rapids branch only.
Park Rapids & Nevis
Key Deposit $30.00
Deposit Box Drilling $250.00
Discount for automatic withdrawal of payment $5.00 per year
Safe Deposit Box Late Fee $10.00 per month
Note: The safe deposit box rent per year is doubled if that is the only banking relationship a customer has with Northwoods Bank of Minnesota.
Locations: Park Rapids Main Branch and Nevis have safe deposit boxes available.
Servicing Park Rapids, MN And The Surrounding Areas
Family owned and operated since 1919
Our team members greet you with a smile and the expertise you are looking for!
