Norway Savings Bank - more than money

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Business Savings at Norway Savings Bank Do More for your Future

As a business savings customer, you'll also enjoy:

  • Sophisticated commercial banking expertise from people you know and trust

  • More than 20 branch locations throughout southern and western Maine

  • Maine Cash Access — over 200 surcharge free ATMs throughout Maine

  • Friendly, personal service

∗*A $25 deposit is required to open an inBusiness Premium Savings account.  If there are insufficient funds in the inBusiness Premium Checking account to cover outstanding checks, funds can be automatically transferred from the related inBusiness Premium Savings Account. Transfers are limited to six (6) per statement cycle; separate signed agreement required to set up this option.

**At a minimum, an inBusiness Free Checking account is required to open an inBusiness Money Market account. A $25 deposit is required to open an inBusiness Money Market Savings account. If your balance is $2,500 or more, your interest rate and yield is tied to one-month LIBOR rate and may change at the first of every month. If your balance is below $2,500, we may change your rate at our discretion. Fees on inBusiness Checking accounts may reduce earnings on the associated Money Market account.  See branch for current interest rates for the inBusiness Money Market account.

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
At Norway Savings, we'll help you maximize your deposit strategy with our inBusiness Premium Savings or inBusiness Money Market — offering both savings flexibility and competitive interest rates.

inBusiness PremiumSM Savings

A savings account with preferred interest rates available to inBusiness Premium Checking customers.

inBusiness Money Market Savings

You'll enjoy our best integrated checking and savings, plus best market rates, tied to one-month LIBOR**.