Deposit Rates
Interest rates and annual percentage yields may change without notice. For current rate information call (218) 732-7221.
| SAVINGS & CHECKING |
BALANCE |
INTEREST RATE / ANNUAL
PERCENTAGE YIELD*
|
| Regular Savings |
$0 to $24.99 |
0.05 / 0.05% |
| $25 to $249.99 |
0.05 / 0.05% |
| $250 to $999.99 |
0.05 / 0.05% |
| $1,000+ |
0.05 / 0.05% |
| |
| Money Market |
$0 – 999.99 |
0.05 / 0.05% |
| $1,000 – 9,999.99 |
0.05 / 0.05% |
| $10,000 – 24,999.99 |
0.05 / 0.05% |
| $25,000 – 49,999.99 |
0.10 / 0.10% |
| $50,000+ |
0.10 / 0.10% |
| |
| Prime Access |
$0 – 999.99 |
0.00 / 0.00% |
| $1,000 – 24,999.99 |
0.10 / 0.10% |
| $25,000 – 49,999.99 |
0.12 / 0.12% |
| $50,000 – 99,999.99 |
0.15 / 0.15% |
| $100,000+ |
0.20 / 0.20% |
| |
| Millennium Savings |
$10,000 to $24,999.99 |
0.20 / 0.20% |
| $25,000 to $49,999.99 |
0.30 / 0.30% |
| $50,000 to $99,999.99 |
0.40 / 0.40% |
| $100,000 + |
0.60 / 0.60% |
| |
| Interest Checking |
all balances |
0.05 / 0.05% |
| Total Checking |
all balances |
0.05 / 0.05% |
|
Please Contact Customer Service for current Certificate of Deposit Rates.
218-732-7221
|
| Health Savings |
| |
0.05 / 0.05% |
$0 – 999.99 |
| |
0.05 / 0.05% |
$1,000 – 9,999.99 |
| |
0.05 / 0.05% |
$10,000 – 24,999.99 - $2 / month below $5,000 |
| |
0.10 / 0.10% |
$25,000 – 49,999.99 |
| |
0.10 / 0.10% |
$50,000+ |
Banking Fees
|
| Cashier's Check |
$10.00 |
|
Money Order Reissue |
$17.00 |
Cashier’s Check (non-customer)
|
$14.00 |
|
Return NSF Check (per check)
|
$32.00
$160 max per day** |
|
|
$17.00 |
|
|
$32.00
$160 max per day** |
|
|
|
|
Overdrawn over 6 consecutive days
|
|
|
|
$4.00 |
|
Close Account within 90 days of opening
|
$30.00 |
|
|
$9.50 |
|
|
|
Reload Fee for Travel Card
|
|
|
Levies/Garnishments |
$100.00 |
|
|
|
|
Charge Off Account Fee |
$100.00 |
|
|
|
|
|
|
*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
Service Fees
| |
|
|
$10.00 |
|
Copy of Check Images (10 free per year)
|
$3.00 each check |
Replace ShazamChek/ATM card
|
$20.00 |
|
|
$3.00 per month
|
Temporary Debit Card Balance Increase
|
$5.00 |
|
|
$30.00 |
|
|
|
|
|
$30.00 |
|
|
$2.00 per page |
|
|
$25.00 (outgoing)
$50.00 (international) |
|
|
$2.00 per page
|
|
|
$5.00 (incoming)
$20.00 (non-customers) |
|
|
|
|
Overdraft Sweeps
(Account to Account Transfer) |
$10.00 per transaction
(FREE thru Online Banking) |
| Photocopies |
|
|
Manual Telephone Transfers |
$2.00 per transaction
(FREE thru Teleserv) |
Account Deposit Verification
|
$10.00 |
|
No charge for loan payments received by ACH
|
|
Returned Mail Handling per Account
|
|
|
Returned ACH loan payment |
$10.00 |
|
|
$35.00 per hour
$30.00 minimum
|
|
Abandoned Account Fee |
$50.00 |
|
|
$35.00 per hour
$30.00 minimum
|
|
|
$5.00 (first one free) |
|
|
$8.00 |
|
|
$25.00 (first one free) |
Safe Deposit Boxes
| |
| 2"x5"x21" |
$27.00* |
| 3"x5"x21" |
$30.00 |
| 5"x5"x21" |
$35.00 |
| 3"x10"x21" |
$45.00
|
| 5"x10"x21" |
$62.00
|
| 10"x10"x21" |
$90.00**
|
| 16"x16"x21" |
$135.00**
|
| 16"x32"x21" |
$265.00**
|
*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.
