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Last Updated: 04/18/2025

Norway Savings Bank GO2 Savings Account

from Norway Savings Bank

Last Updated: 04/18/2025

Norway Savings Bank logo
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APY (Annual Percentage Yield)

0.03%(Verified 06/21/2024)

Minimum Opening Deposit

Starting at $1

Minimum Balance to Earn APY

N/A

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Norway Savings Bank GO2 Savings Account Review

Norway Savings Bank GO2 Savings Account is offered by Norway Savings Bank, a bank founded in 1866 and based in Norway, ME. Norway Savings Bank GO2 Savings Account are available in 50 states, 5 US territories, and Washington, DC.

Key Takeaways

  • Low interest rate. The maximum annual percentage yield for this account is only 0.03%.
  • No monthly maintenance fees. This account does not charge any monthly account fees.
  • Small minimum initial deposit. You only need $1 to open an account.
  • No ATM fees. Norway Savings Bank GO2 Savings Account does not charge fees on ATM transactions .

Norway Savings Bank GO2 Savings Account Pros & Cons

Norway Savings Bank GO2 Savings Account FAQ

Are savings accounts from norway savings bank federally insured?

Yes, your deposits are insured by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

Does Norway Savings Bank offer a signup bonus?

Norway Savings Bank GO2 Savings Account doesn't offer a signup bonus.

What is the minimum initial deposit for Norway Savings Bank GO2 Savings Account?

The minimum deposit to open a Norway Savings Bank GO2 Savings Account is $1.

What APY does Norway Savings Bank GO2 Savings Account offer?

Norway Savings Bank GO2 Savings Account offers an APY of 0.03% (APY stands for annual percentage yield, rates may change).
The interest rate on a savings account or checking account can change based, in part, on what the Federal Reserve does. Note that the APY of a savings account is the amount of interest you will earn if you keep your money in the account for a full year expressed as a percentage. The difference between an APY and an interest rate is that the APY takes into account how often your money earns interest (or compounds). The more often your money compounds, the more it will earn. Savings accounts with an interest rate that compounds daily, for example, will earn a higher return (and therefore a higher APY) than savings accounts that compound annually.

What fees does Norway Savings Bank GO2 Savings Account charge?

Norway Savings Bank GO2 Savings Account does not charge a monthly service fee. See the fee breakdown section below to view all fees.

    What features and perks does Norway Savings Bank GO2 Savings Account offer?

    This savings account includes the following features:
    • Free Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
    • Mobile Banking Services - Norway Savings Bank GO2 Savings Account allows you to manage your money online or with a mobile app.
    • Nationwide ATM network - Conveniently transact at a nearby ATM.

    Can you set up a direct deposit to Norway Savings Bank GO2 Savings Account?

    Yes, you can typically set up a direct deposit to this account. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

    What is the customer support email for Norway Savings Bank GO2 Savings Account?

    The customer support email for Norway Savings Bank GO2 Savings Account is customercare@norwaysavingsbank.com.

    SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

    Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

    Contact

    Headquarters

    261 Main St
    Norway, ME 04268
    (888) 725-2207
    Visit Site
    Email Support

    Hours of Operation

    Sunday
    Closed
    Monday
    8:30AM - 4:30PM
    Tuesday
    8:30AM - 4:30PM
    Wednesday
    8:30AM - 4:30PM
    Thursday
    8:30AM - 4:30PM
    Friday
    8:30AM - 5:00PM
    Saturday
    8:30AM - 12:00PM

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    APY (Annual Percentage Yield)

    0.03%
    Disclaimer popup with additional information

    Minimum Opening Deposit

    Starting at $25

    Minimum Balance to Earn APY

    $25
    Visit Site
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    APY (Annual Percentage Yield)

    0.03% - 0.20%
    Disclaimer popup with additional information

    Minimum Opening Deposit

    Starting at $25

    Minimum Balance to Earn APY

    $0.01
    Visit Site
    Norway Savings Bank logo
    Norway Savings Bank Savings Accounts
    Rating not yet determined
    Be the first to rate

    APY (Annual Percentage Yield)

    0.03% - 0.15%
    Disclaimer popup with additional information

    Minimum Opening Deposit

    $1 - $25

    Minimum Balance to Earn APY

    N/A

    Visit Site

    SuperMoney Net Recommendation Score

    This product has no reviews yet. Help others by sharing your thoughts.

    0

    -1000+100
    No one recommends
    Everyone recommends
    The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

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