Statement Savings
New England Bank's STATEMENT SAVINGS Account is available to sole proprietors, non-profit organizations, and other commercial businesses.
This account features:
- Access to your account 24 hours a day, 7 days a week through Online Banking or toll free Telephone Banking.
- Minimum to open account $50.00.
- Interest is compounded daily and paid monthly.
- $1.00 monthly maintenance fee if account balance falls below the $50.00 minimum daily balance.
Time Deposit
New England Bank's CERTIFICATE OF DEPOSIT offers competitive rates and financial security.
This account features:
- Access your account 24 hours a day, 7 days a week through Online Banking or toll free Telephone Banking.
- Terms ranging from 7 days to 60 months.
- Minimum to open $1,000.
- Interest can be credited to your certificate each month, mailed to you by check or deposited into another New England Bank account.
- Accounts are automatically renewable. A penalty may be imposed for early withdrawal.