Checking Accounts
Account
Opening Balance
Interest
Rate
APY Early Withdrawal
Penalty
Free Checking
$10
0.00% 0.00% None
IOLTA
Bal. $0-$99,999.99
$10
0.50% 0.50% None
IOLTA
Bal. $100,000 or more
$10
1.00% 1.01% None

Super NOW
$10
    None
$2,500 Balance and Higher
0.25% 0.25%  
Less than $2,499.99
0.15% 0.15%  

NOW
$10
0.15% 0.15% None
         
Savings Accounts
Account
Opening Balance
Interest
Rate
APY Early Withdrawal
Penalty
Universal Savings Club
$10
0.30% 0.30% None
Lease Security
$10
0.30% 0.30% None
Liquid Asset MMS
$15,000
0.90% 0.90% None
Super Saver Account *
$2,500
0.60% 0.60% None
Passbook Savings
$10
0.30% 0.30% None
Premier MMS ††
$25,000
1.00% 1.00% None

Prime Savings #
$10,000
    None
 
Daily Balance Tier:
% of
Prime Rate
Interest
Rate
 
APY%
 
$9,999.99 or less:
n/a n/a 0.00%  
$10,000-$24,999.99:
25% 0.81% 0.81%  
$25,000-$49,999.99:
35% 1.13% 1.14%  
$50,000-$99,999,99:
45% 1.45% 1.46%  
$100,000-$250,000:
50% 1.62% 1.63%  

Statement Savings
$10
0.30% 0.30% None

Annual Percentage Yields (APY) are effective as of 06/18/2010 and are subject to change without notice. Fees could reduce earnings on the account.

Available to customers that live and/or work in New Jersey.

† New Funds Only.  Annual Percentage Yield (APY) is accurate as of 06/18/2010 and is subject to change at any time, including after an account is opened.  Offer may be withdrawn without further notice. $15,000 minimum balance must be maintained to earn APY.  Minimum deposit requirement may not be satisfied with funds already on deposit at NVE Bank.  Balances of $1-$14,999.99 will earn 0.30% APY.  Fees could reduce earnings on the account.  Limit of 6 transactions per month.

†† New funds only. Annual Percentage Yield (APY) is accurate as of 06/18/2010 and is subject to change at any time, including after an account is opened.  Offer available for a limited time and may be withdrawn without further notice.  Personal accounts only. Minimum to open account is $25,000 and the maximum is $250,000. Minimum deposit requirement may not be satisfied with funds already on deposit at NVE Bank.  $25,000 minimum balance must be maintained to earn 1.00% APY.  Balances of $1-$24,999.99 will earn 0.40%APY.  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.  Fees could reduce earnings on the account.  Limit of 6 transactions per month.


# Based on the Prime Rate of 3.25% as of June 18th, 2010. Minimum to open account is $10,000 and the maximum is $250,000 per Federal Tax ID#.


* Retail accounts only.


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