The Northern Trust Company was founded in 1889 and is based in Chicago, IL.

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{{>product_basic_intro}}
{{>product_deposits_insured}}


<h2>Does {{parent_business_name}} offer a signup bonus?</h2>
{{#if features.signup_bonus.feature_value}}
    <p>{{business_name}} has signup bonus of {{currency features.signup_bonus.feature_value}}{{#if features.signup_deposit_requirement.feature_value}} with a {{currency features.signup_deposit_requirement.feature_value}} deposit.{{else}}.{{/if}}</p>
{{else}}
    <p>{{business_name}} doesn't offer a signup bonus.</p>
{{/if}}

<h2>What is the minimum initial balance for {{business_name}}?</h2>
{{#if features.minimum_initial_deposit.feature_value}}
    The minimum initial balance to open a {{business_name}} is {{currency features.minimum_initial_deposit.feature_value}}.
{{else}}
    There is no minimum balance required to open a {{business_name}}. 
{{/if}}
{{>category_table feature_category="account-minimums"}}

<h2>What APY does {{parent_business_name}} offer?</h2>
{{#if features.apy.feature_value}}
	{{#ifCond features.apy.feature_value '==' features.apy.feature_value2}}
		{{#ifCond features.apy.feature_value '==' 0}}
			<p>{{business_name}} is not an interest-bearing account.</p>
		{{else}}
			<p>{{business_name}} offers an APY of {{features.apy.feature_value}}% (APY stands for annual percentage yield, rates may change). 
			{{#ifCond features.apy.feature_value '>' 1}} This is higher than the typical APY for online-only checking accounts, which is around 1% APY.{{/ifCond}}</p>
		{{/ifCond}}
	{{else}}
		<p>{{business_name}} offers an APY {{#ifCond features.apy.feature_value '>' 0}}starting at {{features.apy.feature_value}}% {{/ifCond}}{{#ifCond features.apy.feature_value2 '>' 0}}and ranging up to {{features.apy.feature_value2}}%{{/ifCond}} (APY stands for annual percentage yield, rates may change). {{#ifCond features.apy.feature_value '>' 1}} This is higher than the typical APY for online-only checking accounts, which is around 1% APY.{{/ifCond}}</p>
	{{/ifCond}}
{{else}}
	{{#if features.apy.feature_value2}}
		<p>{{business_name}} offers an APY {{#ifCond features.apy.feature_value2 '>' 0}} up to {{features.apy.feature_value2}}%{{/ifCond}} (APY stands for annual percentage yield, rates may change). {{#ifCond features.apy.feature_value2 '>' 1}} This is higher than the typical APY for online-only checking accounts, which is around 1% APY.{{/ifCond}}</p>
	{{else}}
		<p>{{business_name}} is not an interest-bearing account.</p>
	{{/if}}
{{/if}}
		
<h2>What features and perks does {{business_name}} offer?</h2>
<p>This account includes the following features:</p>

<ul>
   	{{#if features.account_features.feature_options.[Automatic Savings]}}
		<li><strong>Automatic savings</strong> - Set up an automatic transfer from your checking account to a savings account and you'll never have to second-guess your saving decisions again.</li>
	{{/if}}
		
	{{#if features.account_features.feature_options.[ATM Reimbursement]}}
   		<li><strong>ATM reimbursement</strong> - This account will reimburse you for the ATM fees charged by other networks. Typically there is a limit to how much you can claim for these costs, so check the fine print if you plan to make multiple withdrawals within one month.</li>
	{{/if}}
	{{#if features.account_features.feature_options.[Check Images with Statement]}}
   		<li><strong>Check images with statement</strong> - Reconciling your accounts and complying with document retention standards is easier when you have access to a copy of your checks.</li>
	{{/if}}
	{{#if features.account_features.feature_options.[Fraud Monitoring]}}
   		<li><strong>Fraud monitoring</strong> - {{business_name}} monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.</li>
	{{/if}}
	{{#if features.account_features.feature_options.[Free Bill Pay]}}
   		<li><strong>Free Bill Pay</strong> - Bill Pay allows you to receive ebills directly to your account and pay them easily from your account.</li>
	{{/if}}
	{{#if features.account_features.feature_options.[Get Paid Early]}}
   		<li><strong>Get paid early</strong> - If you fund your account with a payroll direct deposit and request this service, you can collect your salary early.</li>
	{{/if}}
	{{#if features.account_features.feature_options.[Nationwide ATM Network]}}
   		<li><strong>Nationwide ATM network</strong> - Withdraw money and check your balance from wherever you are.</li>
	{{/if}}
	{{#if features.account_features.feature_options.[Soft Credit Pull]}}
   		<li><strong>Soft credit pull</strong> - {{business_name}} performs a soft credit pull so you can check whether you qualify without hurting your credit.</li>
	{{/if}}
	{{#if features.account_features.feature_options.[Zero Liability Policy]}}
   		<li><strong>Fraud protection</strong> - You will never be held responsible for unauthorized transactions made from your account or using your account information.</li>
	{{/if}}
</ul>
{{>category_table feature_category="features"}}

<h2>What fees does {{business_name}} charge?</h2>
{{#ifCond features.monthly_fee.value '==' 0}}<p>{{business_name}} does not charge a monthly maintenance fee. See the <a href="#fees">fee breakdown</a> section below to view all fees.</p>{{/ifCond}}

<p>{{#ifCond features.monthly_fee.value '>' 0}}This account charges a monthly maintenance fee of {{currency features.monthly_fee.feature_value}}. {{/ifCond}}{{#ifCond features.minimum_balance.value '>' 0}}However, you can waive the monthly fee if you have a minimum daily balance of {{currency features.minimum_balance.feature_value}}. {{/ifCond}}{{#ifCond features.min_direct_deposit_for_monthly_fee_waiver.value '>' 0}}Avoid the monthly fee by setting up a direct deposit of at least {{currency features.min_direct_deposit_for_monthly_fee_waiver.feature_value}}.{{/ifCond}}{{#ifCond features.minimum_combined_balance_to_avoid_maintenance_fee.value '>' 0}}You can also waive the fee by keeping a combined balance of {{currency features.minimum_combined_balance_to_avoid_maintenance_fee.value}}.{{/ifCond}}</p>

<ul>
	{{#if features.bank_teller_fee.feature_value}}
		{{#ifCond features.bank_teller_fee.value '>' 0}}
			<li>A bank-teller fee of {{currency features.bank_teller_fee.feature_value}}. Think twice before visiting a branch of this bank. This fee is triggered when you use a human teller instead of processing a transaction online or on an ATM.</li>
		{{/ifCond}}
	{{/if}}
	{{#if features.bank_transfer__national_.feature_value}}
		{{#ifCond features.bank_transfer__national_.feature_value '>' 0}}
			<li>Outgoing domestic bank transfers come with a ${{features.bank_transfer__national_.feature_value}} fee.</li>
		{{/ifCond}}
	{{/if}}
	{{#if features.national_bank_transfer__incoming_.feature_value}}
		{{#ifCond features.national_bank_transfer__incoming_.feature_value '>' 0}}
			<li>Incoming domestic bank transfers come with a ${{features.national_bank_transfer__incoming_.feature_value}} fee.</li>
		{{/ifCond}}
	{{/if}}
	{{#if features.bank_transfer__international_.feature_value}}
		{{#ifCond features.bank_transfer__international_.feature_value '>' 0}}
			<li>Outoing international bank transfers come with a ${{features.bank_transfer__international_.feature_value}} fee. You can save a ton of money in fees if you use use a nonbank <a href="/reviews/money-transfer-services">money transfer service</a>.</li>
		{{/ifCond}}
	{{/if}}
	{{#if features.international_transaction_fee__incoming_.feature_value}}
		{{#ifCond features.international_transaction_fee__incoming_.feature_value '>' 0}}
			<li>Incoming international bank transfers come with a ${{features.international_transaction_fee__incoming_.feature_value}} fee.</li>
		{{/ifCond}}
	{{/if}}
   
	{{#if features.check_cashing_fee.feature_value}}
		{{#ifCond features.check_cashing_fee.value '>' 0}}
			<li>Cashing a check will trigger a {{currency features.check_cashing_fee.feature_value}} fee.</li>
		{{/ifCond}}
	{{/if}}
   
	{{#if features.check_copy.feature_value}}
		{{#ifCond features.check_copy.value '>' 0}}
			<li>Requesting a copy of a check will cost you {{currency features.check_copy.feature_value}}.</li>
		{{/ifCond}}
	{{/if}}
	{{#if features.check_image_service.feature_value}}
		{{#ifCond features.check_image_service.value '>' 0}}
			<li>If you want to receive a scanned image of a check, you will need to pay a {{currency features.check_image_service.feature_value}} fee.</li>
		{{/ifCond}}
	{{/if}}
   
	{{#if features.early_account_closure.feature_value}}
		{{#ifCond features.early_account_closure.value '>' 0}}
			<li>{{business_name}} charges a {{currency features.early_account_closure.feature_value}} fee for an early account closure. Contact {{business_name}} for more details on what is considered an early closure.</li>
		{{/ifCond}}
	{{/if}}
	{{#if features.foreign_transaction_fee.feature_value}}
		{{#ifCond features.foreign_transaction_fee.value '>' 0}}
			<li>Purchases with your debit card in a foreign currency get hit with a {{currency features.foreign_transaction_fee.feature_value}}.</li>
		{{/ifCond}}
	{{/if}}
   
	{{#if features.in-network_atm_fee.feature_value}}
		{{#ifCond features.in-network_atm_fee.value '>' 0}}
			<li>A withdrawal from an in-network ATM has a {{currency features.in-network_atm_fee.feature_value}} fee.</li>
		{{/ifCond}}
	{{/if}}
	{{#if features.out-of-network_atm_fee.feature_value}}
		{{#ifCond features.out-of-network_atm_fee.value '>' 0}}
			<li>If you withdraw cash from an out-of-network ATM you will be charged a {{currency features.out-of-network_atm_fee.feature_value}} fee.</li>
		{{/ifCond}}
	{{/if}}
	{{#if features.lost_debit_card_fee.feature_value}}
		{{#ifCond features.lost_debit_card_fee.value '>' 0}}
			<li>If you lose your debit card, get ready to pay a {{currency features.lost_debit_card_fee.feature_value}} charge.</li>
		{{/ifCond}}
	{{/if}}
	{{#if features.minimum_balance_fee.feature_value}}
		{{#ifCond features.minimum_balance_fee.value '>' 0}}
			<li>If your balance drops below the minimum, you will have to pay a charge of {{currency features.minimum_balance_fee.feature_value}}.</li>
		{{/ifCond}}
	{{/if}}
	{{#if features.nsf_fee.feature_value}}
		{{#ifCond features.nsf_fee.feature_value '>' 0}}
			<li>Keep an eye on your balance when making payments. There is a {{currency features.nsf_fee.feature_value}} non-sufficient funds fee. Don't confuse a nonsufficient funds (NSF) fee and an overdraft fee. The NSF is charged when your account is overdrawn and you did not opt for overdraft protection on your account.</li>
		{{/ifCond}}
	{{/if}}
	{{#if features.online_bill_pay.feature_value}}
		{{#ifCond features.online_bill_pay.feature_value '>' 0}}
			<li>{{business_name}} offers online Bill Pay but there is a {{currency features.online_bill_pay.feature_value}} charge.</li>
		{{/ifCond}}
	{{/if}}
	{{#if features.overdraft_item_fee.feature_value}}
		{{#ifCond features.overdraft_item_fee.feature_value '>' 0}}
			<li>An overdraft on your account will trigger a {{currency features.overdraft_item_fee.feature_value}} fee per item.</li>
		{{/ifCond}}
	{{/if}}
	{{#if features.overdraft_protection_fee__per_transfer_.feature_value}}
		{{#ifCond features.overdraft_protection_fee__per_transfer_.feature_value '>' 0}}
			<li>If you purchase overdraft protection, you will need to pay {{currency features.overdraft_protection_fee__per_transfer_.feature_value}} for every transfer required.</li>
		{{/ifCond}}
	{{/if}}
	{{#if features.paper_statement_fee.feature_value}}
		{{#ifCond features.paper_statement_fee.feature_value '>' 0}}
			<li>{{business_name}} charges {{currency features.paper_statement_fee.feature_value}} every time you request a paper statement.</li>
		{{/ifCond}}
	{{/if}}
	{{#if features.stop_payment_fee.feature_value}}
		{{#ifCond features.stop_payment_fee.feature_value '>' 0}}
			<li>Stop payment orders cost {{currency features.stop_payment_fee.feature_value}} a pop.</li>
		{{/ifCond}}
	{{/if}}
</ul>

<h2>How can I open a {{business_name}}?</h2> 
  Follow these simple steps to open a {{business_name}}:
  <ol>
  <li>Visit the {{business_name}} {{#if website_track}}<a href="{{website_track}}">{{/if}}website{{#if website_track}}
  </a>{{/if}}.</li>
  <li>Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.</li>
  <li>Check the information is accurate and submit your application.</li>
  {{#if features.minimum_initial_deposit.feature_value}}<li>Make an initial deposit of at least {{currency features.minimum_initial_deposit.feature_value}}.</li>{{/if}}
  </ol>
  
<h2>How can I close a {{business_name}}?</h2>
  Follow these simple steps to close a {{business_name}}:
  <ol>
  <li>Visit the {{business_name}} {{#if website_track}}<a href="{{website_track}}">{{/if}}website{{#if website_track}}
  </a>to check if there is an account closing fee{{/if}}.</li>
  <li>Cancel or transfer any automatic payments and recurring transactions.</li>
  <li>Request the closure of the account and ask for a confirmation letter.</li>
  <li>Withdraw the balance in your {{business_name}}.</li>
  <li>Wait for your closing statement to arrive in the mail.</li>
  </ol>

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The Northern Trust Company (Company)

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