Keep saving for your future with NewBridge Bank's basic savings account. (Youth Savings accounts are exempt from the monthly maintenance and withdrawal fees and require no minimum balance.)
|Savings Features and Benefits||Savings|
|Minimum opening deposit||$50|
|Qualification to avoid monthly maintenance fee||$300 average monthly balance*|
|Monthly maintenance fee||$5|
|Higher interest paid on higher balances||No|
|Monthly transaction limits and fees||3 preauthorized withdrawals per month; $10 fee for every additional withdrawal above the permitted 3**|
All NewBridge Bank savings clients receive:
- Free automatic transfers into and from savings accounts
- Free online banking with online bill pay services***
- Free mobile and telephone banking services
- Combined checking and savings statements with the option to receive free eStatements
For NewBridge Bank's most current interest rates on our Savings accounts, please speak with your local banking professional.* “Average monthly balance” is also known as “average daily balance.”
** Federal regulations restrict preauthorized withdrawals on savings accounts. NewBridge Bank cannot allow you to make more than six (6) preauthorized wthdrawals from a savings account per statement period. Preauthorized withdrawals are withdrawals or transfers made for the purpose of: transferring funds to another of your accounts at NewBridge Bank or any other financiial institution; OR making payments by means of preauthorized, automatic, online or telephonic transfers or transfers or withdrawals made by check, debit card or other similar order payable to third parties. You may make unlimited withdrawals or transfers in person, by mail and through an ATM. However, NewBridge Bank will assess a fee for each additional withdrawal above three (3) per statement cycle for savings accounts no matter how you withdraw funds. Additionally, if you make continued excessive preauthorized withdrawals, NewBridge Bank will have to close your account or convert it to a checking account.
*** Online bill pay services are available from money market accounts but not from savings accounts.