Last Updated: 04/18/2025
Norway Savings Bank Money Market Account
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from Norway Savings Bank
Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
Minimum Balance to Earn APY
Minimum Opening Deposit
Norway Savings Bank Money Market Account Review
Key Takeaways
- Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 0.15%, which is much higher than the national average for a money market account. However, you must keep a minimum balance of $100000.
- Waivable monthly maintenance fee. Will not be charged when you maintain a $500 daily balance.
- Small minimum initial deposit. You only need $25 to open an account.
Pros & Cons of Norway Savings Bank Money Market Account
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Norway Savings Bank Money Market Account FAQ
Are money market accounts from norway savings bank federally insured?
What are the interest rates for norway savings bank rates?
| Rates | Amount |
| APY (Annualized Percentage Yield) | 0.03% - 0.15% |
What are the fees for Norway Savings Bank Money Market Account?
This account charges a monthly maintenance fee of up to $5. You can avoid this fee by maintaining a balance of $500.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Service Fee | $0 - $5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Maintenance Waiver Requirements | Will not be charged when you maintain a $500 daily balance. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum balance for norway savings bank?
What features and perks does norway savings bank offer?
What is the customer service phone number?
What is the support contact email?
How to open an account with Norway Savings Bank
- Visit the Norway Savings Bank website.
- Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
- Check the information is accurate and submit your application.
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Other Money Market Accounts from Norway Savings Bank
APY (Annual Percentage Yield)
Minimum Balance to Earn APY
Minimum Opening Deposit
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