Norway Savings Bank - more than money

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Personal Savings at Norway Savings Bank Colorful solutions that will bring your dreams to life.

Whatever your goals, we have a solution that's just right for you.

Whether you're saving for retirement, a new home or car - you name it - Norway Savings Bank can help you reach your goals. We have a great selection of personal savings accounts, offering competitive interest rates, personalized guidance and flexible, easy-to-understand choices. Rest assured, your money is safe, sound and secure at Norway.

Savings Solutions*

Earn preferred rates and access your funds anytime with a Solutions ATM/Debit Card. A full or Flexible Solutions Checking account is required to open a Savings Solutions account. The $10 monthly maintenance fee is waived when you maintain a $5,000 average daily balance.

Basic Savings*

Earn interest on our convenient statement or passbook savings accounts with balances over $25. No monthly maintenance fees. Access your statement savings account anytime at ATMs with an ATM/Debit Card.

Certificates of Deposit**

CDs are smart, safe investments that earn competitive interest rates over fixed terms. Visit any branch for our current CD rates and terms.

Money Market Accounts*

Earn current market rates on balances of $25 or more – with convenient check writing access to your money. No monthly maintenance fees on balances of $500 or more.

Holiday Club Accounts***

Gift giving made easier - save for the holidays while earning interest on balances over $25. No monthly maintenance fees.

Individual Retirement Accounts

  • Traditional IRAs**
    Our time-honored retirement accounts let you defer taxes on earnings until you withdraw the funds at retirement age. Certain contributions are tax deductible in the year they are made.

  • Roth IRAs**
    These nondeductible retirement accounts let you make tax-free withdrawals for certain distributions after a five-year holding period.

College Savings Accounts

  • Education IRAs**
    This nondeductible savings account features tax-free withdrawals.

  • NextGen College Investing Plans
    Enjoy tax-deferred earnings growth and tax-advantaged withdrawals. Assets can be used at any accredited post-secondary school in the U.S.

Health Savings Accounts*

Does your employer offer a high deductible health plan (HDHP)? We have HDHP compatible savings accounts to help you save and pay for medical expenses.

  • No monthly maintenance fees

  • Access your funds with a debit card and checks

  • Automated employer and employee deposits

* A $25 deposit is required to open an account.
** A $500 deposit is required to open a fixed rate CD or IRA. A $25 deposit is required to open an 18 month variable rate IRA CD.
*** A $1 deposit is required to open an account.