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Non-Profit Checking
Our no-frills, no minimum balance, no monthly maintenance fee business checking4 specifically for non-profits. e-Statements Convenient, online e-statements replace your paper statements you receive through the mail. With e-statements you can save and print your statements! E-statements are available through Internet Banking. To enroll in Internet Banking, click here. If you are already an Internet Banking customer, you can enroll for e-statements by clicking on the e-statements button within Internet Banking. If you need assistance, contact your local Norway banker or Internet Banking at 1.888.725.2207 between the hours of 8 a.m. to 5 p.m., Monday through Friday. NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS: All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules. The term "noninterest-bearing account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest as well as Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts. For more information about temporary FDIC insurance coverage of transaction accounts, visit WWW.FDIC.GOV 1 A $25 deposit is required to open an inBusiness Free Checking account. There is no charge for first 75 items debited or credited per statement cycle. Transactions include Point of Sale (POS) and Automated Clearing House (ACH) debits & credits, ATM, deposits and checks cleared. Additional transactions are $0.50 each. 2 A $25 deposit is required to open an inBusiness Choice Checking account. A $6.00 maintenance fee will be assessed every statement cycle. A $0.12 fee will be charged for each deposited item and $0.16 per check fee will be charged per statement cycle. Earnings Credit: The earnings credit rate is applied to the average available balance. This credit is then applied against the monthly maintenance fees and per item fees, but will not exceed accrued monthly maintenance fees and per item fees. The earnings credit rate may change periodically without notice at the Bank's discretion. The earnings credit may not be applied to any other Bank charge or fee, or may not be received in cash. 3 A $25 deposit is required to open an inBusiness Premium Checking account. If you maintain a $7,500 monthly average available balance, the $15 maintenance fee will be waived. 4 A deposit of $25 is required to open a Norway Non-Profit Checking account. |
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