Personal Savings

Overview
Compare

The right savings account is the first step to being rainy-day-ready.

Everyday SAvings

Features

Open with $100 deposit
No monthly maintenance fee with a minimum daily balance of $100
Two withdrawals per statement cycle at no charge; $3 for each additional withdrawal

High Yield Savings

Features

Open with $500 deposit
Premium 1.26% APY on balances up to $10,000¹. Balances greater than $10,000 earn 0.25% APY.
Available to North State Bank customers with an active checking account or a loan with a balance of $15,000 or more

Money Market

Features

Open with $1,000 deposit
Tiered interest rates based on account balance
No monthly maintenance fee
with a $1,000 minimum daily balance

certificate of deposit (CD)

Features

Open with $500 deposit
Tiered interest rates based on account balance and term

Individual retirement account (ira)

FEATURES

Open with $500 deposit
Tiered interest rates based on balance and term
Choose from Traditional, Roth and Education IRAs. Depending on the account type, an IRA can provide either tax-deferred or tax-free savings at a competitive interest rate.

The right savings account is the first step to being rainy-day-ready.

Scroll to view the rest of the table.

Features	Everyday Savings	High Yield Savings¹	Money Market	certificate of deposit (cd)	individual retirement account (ira)
Minimum Opening Deposit and Balance Requirement to Avoid Monthly Fee	$100²	$500	$1,000	$500	$500
Interest (Compounded daily, paid and reported per statement cycle)		Premium 1.26% APY on balances up to $10,000³ (Balances >$10,000 earn 0.25% APY)	Tiered based on account balance	Tiered based on account balance and term	Tiered based on account balance and term
Monthly Maintenance Fee	$0 or $4⁴	$0 or $6⁴	$0 or $10⁴	_	_
Number of Withdrawals Per Statement Cycle at No Charge (Government regulations limit savings and money market accounts to six transfers or withdrawals per month. Withdrawals or transfers made in person at the bank, by mail, or by using an ATM do not count toward the six.)	2	2	6	_	_
Fees for Excess Withdrawals	$3	$3	$5	Penalties may apply	Penalties may apply
Electronic or Paper Statement at No Charge		Electronic statement at no charge; paper available for a $3 per statement		Paper maturity and renewal notices provided	Paper only

¹ Available to customers with an active North State Bank checking account or a loan with a balance in excess of $15,000.

² No monthly fee and a minimum deposit of $25 for account holders 26 years and younger and 55 years and older.

³ Annual percentage yield. APY available as of November 28, 2018, and is subject to change without notice. For balances greater than $10,000, a blended APY calculation will be reflected on your statement.

⁴ Monthly maintenance fee waived when minimum account balance requirement is met.