A Regular Savings Account provides a safe way to put money away for the future while earning a competitive rate of interest. With a minimum daily balance of $300, there is no monthly fee, and two withdrawals per month are allowed at no charge. The monthly fee if the minimum is not kept is $4. Use your Regular Savings Account with a minimum daily balance of $500 to qualify for no service fee on your North State Bank Regular Checking Account or a $1,000 minimum daily balance to qualify for no service fee on your North State Bank Interest Checking Account. A Regular Savings account can be opened with a $100 deposit.

 

Earn competitive interest rates while having access to your funds on deposit with us. A minimum daily balance of $1,000 assures you market rates with no monthly fee. Interest rates are tiered so that as you save more, you receive a higher rate of interest. If your balance falls below the $1,000 minimum daily balance requirement during a statement cycle, your account will be assessed a $10 fee. By law, there are limits to the number and types of transactions allowed to a Money Market Account. See a customer service representative for more information on these limitations and any additional fees. This account can be opened with a $1,000 deposit.

 

A certificate of deposit is a safe, easy way to get a higher rate of interest on your long or short-term savings. With as little as $1000, you can open a Certificate of Deposit (CD) with us. For added savings, your interest can be reinvested in your certificate, or if you prefer, you may receive a monthly check for the amount of your interest. Interest rates on most CDs are tiered so that you earn a higher rate of interest on higher balances. The tiers are based on balances of <$10,000 to $49,999, $50,000 to $99,999 and $100,000 and over. All of our CDs are automatically renewable.

 

Individual Retirement Accounts (IRAs) are great ways to save for retirement. A number of options are available, including both the popular Roth IRA and an Education IRA, for using an IRA to save for college education needs. Your selection will depend on your investment goals. Depending on the option you choose, an IRA can provide either tax-deferred or tax-free savings at competitive interest rates.