• Checking Account
• Now Account
• Money Market Account
• Variable Rate Savings Account
• IRA Savings Account
• Certificate of Deposit
• Miscellaneous Fees and Charges

Checking Account

We provide a low cost checking account to fit the needs of individuals and businesses alike.  Our checking account plan puts you in control of your finances.  You manage or eliminate the cost by controlling the minimum balance and the number of checks you write.  Free checking is offered to non-profit organizations, full-time college students, clergy, missionaries and senior citizens age 55 or over.

Limitations :  You must deposit $100.00 to open this account

Account Fees:   Your account will be assessed $5.00 per statement cycle plus 15 cents per check paid.  Service charge is waived if a $500.00 minimum balance is maintained.  High activity accounts may be subject to account analysis.

Now Account

This is an interest bearing account.  This account is available to individuals, nonprofit organizations, public entities, and sole proprietorships. 

Rate Information: This account is an interest bearing account.  
The interest rate and annual percentage yield are included in the Rate Chart .
The interest rate and annual percentage yield may change.  At our discretion, 
we may change the interest rate on the account daily.  Interest begins to accrue on
the business day you deposit non-cash items (for example, checks).  Interest will
be compounded monthly and will be credited to the account monthly.  If the account
is closed before interest is credited you will not receive the accrued interest.

Balance Information :  We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.  You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.

Limitations:   You must deposit $200.00 to open this account

Account Fees :  Your account will be assessed $3.00  plus 18 cents per check paid.  Service charge is waived if a $1,000 minimum balance is maintained for the statement cycle.  High activity accounts may be subject to analysis.

Money Market Account

This Account gives you a high interest rate and limited check writing privileges. 

Rate Information: This account is an interest bearing account.  
The interest rate and annual percentage yield will depend upon the daily balance in  the account as shown on the Rate Chart . The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  Interest begins to accrue on the business day you deposit non-cash items (for example, checks).  Interest will be compounded monthly and will be credited to the account monthly.  If the account is closed before interest is credited you will not receive the accrued interest.

Balance Information:   We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.  You must maintain a minimum balance of $2,500.00 to obtain the disclosed annual percentage yield.  The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.  

Limitations:  You must deposit $2,500.00 to open this account.  You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties.  Transfers and withdrawals made in person by messenger, by mail or at an ATM are unlimited.

Account Fees:   Your account will be assessed $5.00 plus $1.00 per withdrawal.  Service charge is waived if a $2,500 average balance is maintained for the statement cycle.  The fee for each withdrawal in excess of 6 per month is $10 each regardless of the balance maintained.  High activity accounts may be subject to analysis.  The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

Variable Rate Savings Account

This is our basic savings account.....Ideal for anyone who wants to secure their future and provide for the unexpected. 

Rate Information: This account is an interest bearing account.  
The interest rate and annual percentage yield will depend upon the daily balance in  the account as shown on the Rate Chart . The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account once a month.  Interest begins to accrue on the business day you deposit non-cash items (for example, checks).  Interest will be compounded quarterly and will be credited to the account quarterly.  If the account is closed before interest is credited you will not receive the accrued interest.

Balance Information:   We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.  You must maintain a minimum balance of $50.00 in the account each day to obtain the disclosed annual percentage yield.  

IRA Savings Account

This account is ideal for those who wish to save for their retirement.  You should consult a tax accountant to find the advantages of this account for your individual situation.. 

Rate Information: This account is an interest bearing account.  
The interest rate and annual percentage yield will depend upon the daily balance in  the account as shown on the Rate Chart . The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account once a month.  Interest begins to accrue on the business day you deposit non-cash items (for example, checks).  Interest will be compounded quarterly and will be credited to the account quarterly.  If the account is closed before interest is credited you will not receive the accrued interest.

Balance Information:   We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.  You must maintain a minimum balance of $200.00 in the account each day to obtain the disclosed annual percentage yield.  

Limitations:  You must deposit $200.00 to open this account.

FDIC’s Transaction Account Guarantee Program

Nevada Bank & Trust is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through December 31, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.

Funds that are ‘swept’ into an interest-bearing transaction account from a noninterest-bearing transaction account at the close of each business day are not covered under the FDIC’s Transaction Account Guarantee Program; however, these funds are insured to at least $250,000 until December 31, 2013.