Club Accounts

Are you eager to plan ahead for spending around the holidays or looking to set money aside regularly for a special event? Establish a Club Account to automatically transfer funds from another NBT Bank checking or savings account at your preferred amount and frequency.

Save for the holidays while earning interest with our Holiday Club account. Open your account anytime by setting up an automatic transfer from another NBT Bank checking or savings account.

Account Details

No minimum to open
Interest paid annually on balances $0.01 or more

Interest is compounded and paid annually

Balance automatically transferred to another NBT Bank checking or savings account or forwarded to you by check at maturity.
No partial withdrawals allowed. A $10 fee will be assessed for early account closing.

Statement Options

eStatements
Mailed Statements

Save for a special event, such as a vacation or wedding, with our All-purpose Club account. Open your account anytime by setting up an automatic transfer from another NBT Bank checking or savings account. Choose the transfer amount (as little as $1) and frequency (weekly, bi-weekly or monthly) that works for you.

Account Details

No minimum to open
Requires auto transfer deposits of at least $1
Interest paid annually on balances $0.01 or more

Interest is compounded and paid annually

Balance automatically transferred to a NBT Bank savings or checking account or forwarded to you by check at 1 year from date of opening
No partial withdrawals allowed. A $10 fee will be assessed for early account closing.

Statement Options

eStatements
Mailed Statements

Purchasing your home is a great achievement and certainly a memorable life moment. A First Home Club Account can be a great savings vehicle to help you realize your dream and then make a house a home.

Account Details

No minimum to open
Interest paid quarterly or monthly if portfolio statement on balances of $25 or more
Customers must save systematically on a monthly basis for a period of 10-24 months
Deposit up to $2500 and get a 4x match of those funds, up to a max of $7500.
Open your account any time by setting up an automatic transfer from another NBT Bank checking or savings account. Choose the transfer amount (as little as $1) and frequency (weekly, bi-weekly or monthly) that works for you
No partial withdrawals are allowed. There is a $10 fee for early account closing
Withdrawals or transfers made by automatic, pre-authorized, telephonic agreement, order, or instruction, check, draft, debit card, or similar order made from this account or to third parties are restricted to no more than six (6) per monitoring period

Customer must follow the First Home Club Account guidelines established by the Federal Home Loan Bank.

Please contact a NBT Bank Residential Mortgage Originator for the full details.