Compare Classic Savings and Money Market Accounts

Classic Savings Money Market
Minimum Opening Deposit $100 $100
Minimum Account Balance none none
Requirements to Open none none
Monthly Maintenance Fee $5 $10
Requirements to Avoid Monthly Fee $100 minimum daily balance. Monthly maintenance fee may be waived for clients age 65 and older, clients under the age of 18, or students up to the age of 24. Maintain an average daily balance $1,000 or more during the statement cycle.
Paper Statement Fee $2.50 $2.50
Requirements to Avoid Paper Statement Fee To avoid this fee, opt out of paper statements through our Online Banking   service.  Click here for more information.  The paper statement fee may be waived for clients under the age of 18. To avoid this fee, opt out of paper statements through our Online Banking service.  Click here for more information.
Interest-Bearing Account(1) yes: No minimum balance required to earn interest. yes: No minimum balance required to earn interest. Interest rate is paid on collected daily balance(2)
Debit Items Fee Excessive transaction fee - $2 per withdrawal over six per month (including ATM withdrawals)(3) There is an excessive transaction fee of $25.00 per item for clients who exceed the limited six (6) transactions.
Check Safekeeping n/a required
Personalized checks n/a available

(1) Fees may reduce earnings.
(2)Collected daily balance is the daily total of all cash and cleared checks that have been deposited into your account. Checks drawn on Nevada State Bank are considered cleared the same day they are deposited. Checks drawn on other financial institutions are not considered cleared until they are paid by the entity on which they are drawn, based on the latest Federal Reserve Bank availability (from 1 to 3 days). Once checks drawn on other financial institutions are paid by them, they become part of the collected balance.
(3) Federal regulations restrict the monthly debit transactions of savings accounts to no more than six (6) transfers per four-week or similar period. If account exceeds this limit, it will be converted to a non-interest-bearing account.

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