Deposit Rates 

 
Checking Accounts
 Account BalanceAnnual Percentage Yield Minimum to Open Account Minimum Daily Balance to Avoid Monthly Maintenance Fee 

NOW

 

 

Less than $10.00

0.00%

$500

$1,000

$10.00 and over

0.05%

$500

$1,000

Super NOW

 

Less than $2,500

0.05%

$2,500 

$2,500 

$2,500 and over

0.08%

$2,500

$2,500

Savings Accounts
 Account BalanceAnnual Percentage Yield Minimum to Open Account Minimum Daily Balance to Avoid Monthly Maintenance Fee 

Statement Savings

 

 

Less than $10.00

0.00%

$10

$300

$10.00 and over

0.07%

$10

$300

Passbook Savings 
(No Longer Offered)

 

Less than $10.00

0.00%

None

None

$10.00 and over

0.05%

None

None

Retirement Savings

 

 Less than $10.00

0.00%

$10 

None

$10.00 and over

0.07%

$10

None

Universal Savings Club

 

Less than $10.00 

0.00%

$10

None

$10.00 and over

0.07%

$10

None

Super Saver Account**

 

Less than $2,500

0.07%

$2,500

$100 

$2,500 and over 

0.10%

$2,500

$100

Liquid Asset Money Market Savings

 

Less than $15,000

0.07%

$15,000 

None 

$15,000 and over

0.10%

$15,000

None

Premier Money Market Savings††

 

Less than $25,000

0.10%

$25,000 

None 

$25,000 and over 

0.15%

$25,000

None

Platinum Money Market Savings†††

 

 

 

$50,000 and Less

1.01%

$25,000 

$25,000 

$50,000.01 To $99,999.99

1.01% to 0.55%

$25,000

$25,000

$100,000 To $250,000

0.55% to 0.31%

$25,000

$25,000

Above $250,000

0.31% to 0.15%

$25,000

$25,000

Annual Percentage Yields (APY) are effective as of 11/1/2017 and are subject to change without notice.
Rates may change after account is open.
Interest is compounded daily and paid monthly. Interest payments are rounded to the nearest cent. As a result, low balance accounts may not be paid interest.
Fees could reduce earnings on any of the accounts.

† New Funds Only. Minimum deposit requirement may not be satisfied with funds already on deposit at NVE Bank.
†† New funds only. Minimum deposit requirement may not be satisfied with funds already on deposit at NVE Bank. Current NVE customers may open an account with an additional $15,000 of new funds towards the $25,000 minimum opening balance coming from another institution. Personal accounts only. 
††† New funds only. Minimum deposit required to open account is $25,000 which cannot currently be on deposit at NVE Bank. Minimum balance required is $25,000. A $25 monthly maintenance fee will be assessed if the minimum daily balance falls below $25,000 on any day during the month. This account does not produce paper statements. NVE Bank online banking and acceptance of eStatements are required. Rates are not tied to any index and are set by the sole discretion of bank management. Personal accounts only. Other fees may apply. Limit one account per tax ID.
** Personal accounts only.

Certificate of Deposit
AccountOpening BalanceInterest RateAPYEarly Withdrawal Penalty

3 Month CD

$1,000

0.10%

0.10%

3 Months Interest

6 Month CD

$1,000

0.23%

0.23%

3 Months Interest

9 Month CD

$1,000

0.25%

0.25%

3 Months Interest

12 Month CD

$1,000

0.30%

0.30%

3 Months Interest

13 Month CD Special*

$1,000

1.31%

1.31%

3 Months Interest

24 Month CD

$1,000

0.45%

0.45%

6 Months Interest

26 Month CD Special***

$10,000

2.71%

2.75%

6 Months Interest

36 Month CD

$1,000

0.60%

0.60%

9 Months Interest

48 Month CD

$1,000

1.39%

1.40%

9 Months Interest

55 Month CD Special**

$10,000

2.52%

2.55%

9 Months Interest

60 Month CD

$1,000

1.09%

1.10%

9 Months Interest

72 Month CD

$1,000

1.19%

1.20%

9 Months Interest

*The funding of the account is limited to New Funds not currently on deposit at NVE Bank. The minimum funds required to open the account is $1,000, up to a maximum of $1,000,000. Existing NVE customers must have and maintain an NVE checking account with direct deposit for the 13-month term. New customers must open and maintain an NVE checking account with direct deposit for the 13-month term. If checking account is closed prior to the expiration of the 13-month term and/or Direct Deposit is not activated or is discontinued prior to the expiration of the 13-month term, the APY will be changed to 0.05% for the balance of the term. Penalty for early withdrawal. At the end of the 13-month term the CD will convert to a 12-month term. Limited time offer. Available to consumers only.
** The funding of the account is limited to New Funds not currently on deposit at NVE Bank. The minimum funds required to open the account is $10,000, up to a maximum of $1,000,000. Penalty for early withdrawal. At the end of the 55-month term the CD will convert to a 48-month term. Limited time offer. Available to consumers only.
*** The funding of the account is limited to New Funds not currently on deposit at NVE Bank. The minimum funds required to open the account is $10,000, up to a maximum of $250,000. Penalty for early withdrawal. At the end of the 26-month term the CD will convert to a 24-month term. Limited time offer. Available to consumers only.

IRAs and Education Savings Accounts
AccountOpening BalanceInterest RateAPYEarly Withdrawal Penalty

Retirement Savings

$10

0.07%

0.07%

None

IRA 12 Month CD

$1,000

0.30%

0.30%

3 Months Interest

IRA 14 Month CD

$1,000

0.36%

0.36%

6 Months Interest

IRA 15 Month CD

$1,000

0.38%

0.38%

6 Months Interest

IRA 24 Month CD

$1,000

0.45%

0.45%

6 Months Interest

IRA 25 Month CD

$1,000

0.50%

0.50%

6 Months Interest

IRA 30 Month CD

$1,000

0.60%

0.60%

6 Months Interest

IRA 37 Month CD

$1,000

0.60%

0.60%

9 Months Interest

IRA 48 Month CD

$1,000

1.39%

1.40%

9 Months Interest

IRA 54 Month CD

$1,000

0.90%

0.90%

9 Months Interest

IRA 60 Month CD

$1,000

1.09%

1.10%

9 Months Interest

IRA 72 Month CD

$1,000

1.19%

1.20%

9 Months Interest

Annual Percentage Yields (APY) are effective as of 04/18/2018 and are subject to change without notice. A penalty is imposed for early withdrawal. Interest payments are rounded to the nearest cent. As a result, low balance accounts may not be paid interest. Additional restrictions may apply. Fees could reduce earnings on the account.

 

Personalization Settings

x

Welcome

NVE Bank would like to personalize your banking experience. Please enter your first name below.

This level of personalization will not lead to the sale of your name or leak your identity. The information you provide will only be stored on your computer and will not be transferred to any other source.

Please do not remind again

Enable Accessibility Mode

Supporting visitors with disabilities is important to NVE Bank so we've enhanced our site to increase contrast of some elements based on user preference.

Do you need high contrast styles?

Yes No, thanks

Back to top