Online Banking

Personal Savings Accounts

Your savings account is for more than just a rainy day. It’s your future. You want to feel confident, knowing that your money is safe no matter what the forecast. We understand that, and have created a wide variety of savings accounts for you to choose from.

Savings Account Comparison

Select the products below to compare.

Statement Savings Super Savings Personal Money Market Christmas Club Junior Savings Certificate of Deposit
Description

Earn a competitive interest rate while enjoying convenient access for unexpected expenses or purchases.

This “super” savings account pays premium interest on daily balances.

A combination of convenience and return for customers who plan on maintaining a higher balance with immediate access to funds.

Make contributions throughout the year and receive your savings balance via check issued on last banking day in October.

An account to encourage our “junior” customers to start saving. Available exclusively to children under the age 18.

Lock in a competitive interest rate for periods from 3 to 60 months.  Call for rates.

Additional Details
  • 6 transactions allowed per month
  • Tiered interest rates that increase with your balances
  • 3 transactions allowed per month
  • Tiered interest rates that increase with your balances
  • Unlimited ATM transactions (this does not include fees charged by a non-NBT ATM servicer)
  • Paper statements with images
  • 1 transaction allowed per year
  • 6 transactions allowed per month

N/A

Minimum to Open $100 $500 $2,500 $0 $0 $500
Interest Bearing Yes Yes Yes Yes Yes Yes
Minimum Balance Fee $5 $10 $10 None None None
Balance to Avoid Minimum Balance Fee $100 $500 $2,500 $0 $0 Penalty for Early Withdrawal
Transactions Allowed 6 Per Month 3 Per Month 6 Per Month 1 Per Year 6 Per Month Penalty for Early Withdrawal
Excessive Transaction Fee (per item) $2 $10 $5 $10 $2 Penalty for Early Withdrawal
Statement Savings
Description

Earn a competitive interest rate while enjoying convenient access for unexpected expenses or purchases.

Additional Features
  • 6 transactions allowed per month
Minimum to Open $100
Interest Bearing Yes
Minimum Balance Fee $5
Balance to Avoid Minimum Balance Fee $100
Transactions Allowed 6 Per Month
Excessive Transaction Fee (per item) $2
Super Savings
Description

This “super” savings account pays premium interest on daily balances.

Additional Features
  • Tiered interest rates that increase with your balances
  • 3 transactions allowed per month
Minimum to Open $500
Interest Bearing Yes
Minimum Balance Fee $10
Balance to Avoid Minimum Balance Fee $500
Transactions Allowed 3 Per Month
Excessive Transaction Fee (per item) $10
Personal Money Market
Description

A combination of convenience and return for customers who plan on maintaining a higher balance with immediate access to funds.

Additional Features
  • Tiered interest rates that increase with your balances
  • Unlimited ATM transactions (this does not include fees charged by a non-NBT ATM servicer)
  • Paper statements with images
Minimum to Open $2,500
Interest Bearing Yes
Minimum Balance Fee $10
Balance to Avoid Minimum Balance Fee $2,500
Transactions Allowed 6 Per Month
Excessive Transaction Fee (per item) $5
Christmas Club
Description

Make contributions throughout the year and receive your savings balance via check issued on last banking day in October.

Additional Features
  • 1 transaction allowed per year
Minimum to Open $0
Interest Bearing Yes
Minimum Balance Fee None
Balance to Avoid Minimum Balance Fee $0
Transactions Allowed 1 Per Year
Excessive Transaction Fee (per item) $10
Junior Savings
Description

An account to encourage our “junior” customers to start saving. Available exclusively to children under the age 18.

Additional Features
  • 6 transactions allowed per month
Minimum to Open $0
Interest Bearing Yes
Minimum Balance Fee None
Balance to Avoid Minimum Balance Fee $0
Transactions Allowed 6 Per Month
Excessive Transaction Fee (per item) $2
Certificate of Deposit
Description

Lock in a competitive interest rate for periods from 3 to 60 months.  Call for rates.

Additional Features

N/A

Minimum to Open $500
Interest Bearing Yes
Minimum Balance Fee None
Balance to Avoid Minimum Balance Fee Penalty for Early Withdrawal
Transactions Allowed Penalty for Early Withdrawal
Excessive Transaction Fee (per item) Penalty for Early Withdrawal
Our Personal Savings Accounts include ALL of the following services:
  • Mobile Capture
  • 24-hour Telephone Banking
  • eStatements
  • 24-hour Nantahala Bank ATM Transactions
  • Ability to Send and Receive External Transfers To and From Other Financial Institutions
  • Direct Deposit
  • Notary Services
  • Instant Issue VISA Debit Card
  • Cash and Check Deposit at our ATMs
  • Unlimited Check Writing
  • Up to 4 Free non-Nantahala ATM Transactions per Month
  • No Charge for eStatements OR $3 Monthly Paper Statement Fee
  • Transaction Images Included on Your Monthly Statement

 

Earn competitive interest rate while enjoying convenient access for unexpected expenses or purchases.

Features

  • $100 Minimum to Open
  • Interest Paid on Daily Collected Balances
  • Up to 6 Withdrawals per Month at No Charge; $2 for Each Additional
  • $5 Monthly Service Charge Waived with a $100 Minimum Daily Balance
  • No Charge for eStatements OR $3 Monthly Paper Statement Fee

This special savings account pays premium interest on daily balances.

Features

  • $500 Minimum to Open
  • Interest Paid on Daily Collected Balances
  • Tiered Interest Rates that Increase with Your Balances
  • Up to 3 Withdrawals per Month, $10 for each additional
  • $10 Minimum Balance Fee Waived with a $500 Minimum Daily Balance
  • No Charge for eStatements OR $3 Monthly Paper Statement Fee

Offering the higher returns of tiered money market interest rates, this account also gives you the flexibility and convenience of a checking account.

Features

  • $2,500 Minimum to Open
  • Interest Paid on Daily Collected Balances
  • Tiered Interest Rates that Increase with Your Balances
  • Up to 6 Withdrawals per Month, $5 for each additional
  • $10 Minimum Balance Fee Waived with a $2,500 Minimum Daily Balance
  • Unlimited Over-the-Counter Withdrawals
  • No Charge for eStatements OR $3 Monthly Paper Statement Fee

A Christmas Club Account at Nantahala Bank comes with no minimum daily balance and a higher rate of interest. A Christmas Club account is a great savings tool! You will receive your savings balance via check issued on the last banking day in October, just in time for holiday shopping. Pair your Christmas Club with payroll deduction, and we’ll make deposits into the account automatically from your direct deposit. It’s an easy way to save for the busy holiday season.

Features

  • No Minimum Deposit Required
  • Make Deposits as Often as You Like
  • Full Balance of Savings Issued Via Check on last banking day in October
  • Interest Paid on Daily Collected Balances
  • One Free Additional Withdrawal Annually; $10 Each for each additional
  • No Minimum Daily Balance required
  • No Charge for eStatements OR $3 Monthly Paper Statement Fee

The perfect account for a beginner or experienced saver under the age of 18 years old. This account will automatically transition into a personal savings once the minor turns 18!

Features

  • No Minimum Deposit Required
  • Available Exclusively to Our Customer’s Children Under the Age of 18
  • No Minimum Daily Balance
  • Interest Paid on Daily Collected Balances
  • Up to 6 Free Withdrawals per Month, $2 for each additional
  • No Charge for eStatements OR $3 Monthly Paper Statement Fee

Our CDs are available in a variety of terms, all with affordable minimum balances. Whether you have short or long-term investment goals, we have a CD to help you achieve them.

Features

  • $500 to open
  • Competitive Rates
  • Terms from 3 to 60 months
  • Interest May be Compounded Daily and Added Back to the CD, Paid by Check or Deposited to another Nantahala Account
  • Automatic Renewal Option Available