Deposit rates effective 9/18/2023


Less than $25,000 3.20% 3.25%
$25,001 and up .25% 1.75% to 3.25%**
Non-Qualifying 0.05%


Checking and Savings Accounts
FDIC Insured. APY = Annual Percentage Yield. Rates may vary. Fees could reduce earnings.


For current APY information, call us at (712) 737-4911 in Orange City, or (712) 324-5141 in Sheldon. For more information on account fees or account qualifications, see the current Truth in Savings Disclosure for Fees, Services and Information.

*Interest rates in the Preferred Rewards Checking account are paid using the average-daily-balance method. For more information how interest is calculated, see the Preferred Rewards Checking Disclosure.

**For accounts that met the qualifications during the statement period, an interest rate of 2.71% will be paid on the entire balance with an APY of 2.75% if your average daily balance is $25,000 or less. An interest rate of .10% will be paid only for that portion of your average daily balance that is greater than $25,000. The APY for this tier will range from 1.43% to 2.75% depending on the balance in the account. This range is calculated using a hypothetical average balance of $50,000. For accounts that do not meet the account qualifications, 0.05% APY is paid on the entire average daily balance. All features of this account are subject to change at the bank's discretion at any time. If you close your account before interest is credited, you will not receive the accrued interest.


Save Now and Watch Your Money Grow! Northwestern Bank offers a variety of savings accounts depending on your needs.

Contact a bank representative for current rates.

certificate of deposits

CDs provide a simple, safe way to build your savings, while typically earning a higher level of interest than a traditional checking or savings account. We offer CDs with competitive rates with terms varying from 3 to 60 months.

Contact a bank representative for current rates.


An individual retirement account (IRA) allows you to save money for retirement in a tax-advantaged way.

Contact a bank representative for current rates.