Not-for-Profit N.O.W. Account
To further service the community and beyond, Albany Bank offers a Not-for-Profit N.O.W. account. Earn interest on your organization's money by maintaining a daily investable balance of $1,500.00. The minimum opening deposit for this account is $1,500.00.
|Monthly Maintenance Fee||$5.00|
|Checks/Items Deposited (each)||$0.15|
|Cash Deposited per $100.00||$0.10|
|Checks Paid (each)||$0.15|
|Negative Collected Balance Usage Fee||Prime plus 2%|
If you close your account within three (3) months from the opening date, an Early Closing fee of $10.00 will be assessed.