Protect, save, and grow your funds with easy access.
Statement Savings Accounts
Protect, save and grow your money with interest. Make unlimited deposits and withdrawals with no penalty. Interest is compounded and credited monthly. Open with just $25.
- Earn interest on all balances
- Maintain an average daily balance of $300 to avoid a $5 monthly service charge*
- Free monthly electronic statements
- Account holders age 17 and younger and age 65 and older are eligible for free paper statements**
Free Perks with Every Statement Savings Account
1For Statement Savings and Money Market Deposit Accounts, Federal law does limit the number of electronic debits, including telephone transfers, internet transfers, ACH transactions and checks. See bank for details.
2FDIC insurance up to $250,000 per depositor for each ownership category. See bank for complete details. Other rates and terms available. Northwest Bank is Member FDIC. Rev. 2/14/2022
*Account holders age 17 and younger and age 65 and older are not subject to a balance requirement. For eligibility, Northwest Bank must have your age on file.
**To receive free paper statements based upon your age Northwest must have your age on file.
†To qualify for the additional $10 bonus, you must enroll all Northwest accounts in eStatements. The bonus will be paid to an eligible checking or savings account where you are listed as a primary owner. Bonus is subject to IRS 1099-MISC reporting and will be credited to your account within 30 days of satisfying requirements. Not eligible on business accounts. Additional restrictions may apply. See branch for details. Offer subject to change, including cancellation, at any time without notice.