Business Checking & Savings Accounts

Northwestern Bank offers checking account options for businesses of all sizes and a savings account option that requires no minimum balance with compounded interest.

Click here for our current rate information.

A COST EFFECTIVE OPTION FOR YOUR BUSINESS - BUSINESS TRUNCATED

A cost effective option for your business Business Truncated

  • No minimum balance
  • No monthly maintenance fee
  • Unlimited check writing
  • Check images - safe kept for your convenience
  • $0.10 per check written
  • 0.07 per item deposited (not drawn on NB)
  • Earning Credit - .10 per $100.00 average collected balance (this will only offset any fees charged)
  • Free - complimentary pad of duplicate checks
A SPECIAL ACCOUNT ONLY FOR OUR NON-PROFIT CUSTOMERS - NON-PROFIT CHECKING

A special account only for our non-profit customers Non-Profit Checking

  • No minimum balance
  • No monthly maintenance fee
  • Quarterly statement, with check images safe kept for your convenience
FOR SOLE PROPRIETORSHIPS OR NON PROFIT ORGANIZATIONS - BUSINESS INTEREST CHECKING

For Sole Proprietorships or Non Profit Organizations Business Interest Checking

If your business is a Sole Proprietorship or Non Profit Organization you are eligible for this account.

  • Tiered interest rates - increase as your balance does, interest compounded daily and credited monthly
  • Unlimited check writing
  • Check images safe kept for your convenience
  • $5 maintenance fee per month
  • $0.15 per check written
  • $0.07 per item deposited (not drawn on NB)
  • Interest rates are subject to change
EARN A HIGHER YIELD - KEYSTONE HIGH YIELD II

Earn a higher yield Keystone High Yield II

(Offering Money Market Rates with added benefits)

  • Limit of 6 transfer/withdrawals per statement cycle
  • No monthly maintenance fee
  • No per check charges
  • Interest compounded daily and credited monthly
  • No charge on first 25 items deposited (not drawn on NB), additional items $0.07 each
  • Check images are safe kept for your convenience
  • Tiered interest - "high yield" on balances of over $10,000
  • Interest rates subject to change
CONVENIENT MONEY SAVINGS - BUSINESS STATEMENT SAVINGS

Convenient money savings Business Statement Savings

  • No minimum balance
  • $2 maintenance fee per month, (only if average monthly balance drops below $50)
  • Quarterly statement (monthly if any ACH transactions apply)
  • Interest, compounded and credited monthly