$1,000 is the minimum balance required to open an NSB Certificate of Deposit. If you withdraw some of your funds before maturity and the balance falls below $1,000, you must close your account.

Yes, this account will automatically renew at maturity. You will have 10 calendar days after the maturity date to withdraw funds or change the term without penalty.

$500 is the minimum additional deposit for terms less than one year, and no additional deposits are allowed for terms one year or greater. (Varies by account. See account disclosure for details.)

$500 is the minimum you may withdraw from principal. We may impose a penalty if you withdraw any of the principal before the maturity date. The penalty will equal:

• 3-months interest on the amount withdrawn if the term is less than 6 months.
• 6-months interest on the amount withdrawn if the term is 6 to 12 months.
• 12-months interest on the amount withdrawn if the term is greater than one year.

Here are some of the main advantages of traditional IRAs.

• Tax Advantages: Unlike most investments, the interest earned on a Traditional IRA is not taxable in the year it is received. Your IRA earnings are not subject to taxation until they are removed from the account.
• Power of Compounding: This tax deferment allows your savings to grow faster and is perhaps the greatest long-term benefit of the Traditional IRA. Tax deferral on gains leaves more money in the account to compound, allowing an investment to grow larger than it would if taxes were paid along the way.
• Up-front Tax Breaks: Some investors are permitted to deduct IRA contributions from their federal income tax (depending on their eligibility).
• Special Purpose Withdrawals: Withdrawals may be made from a Traditional IRA without tax penalty by individuals under the age of 59 ½ for certain qualified purposes.

As in any tax situation, consult with your tax advisor, review IRS Pub 590 or consult the IRS website.

Here are some of the main advantages of Roth IRAs.

• Tax Advantages: Although contributions are not tax deductible, the earnings do accumulate tax free. Deposits are taxed up front, but the future payoff could be greater.
• Extra Withdrawal Options: After five years with a Roth, qualified homebuyers can withdraw up to $10,000 per lifetime before age 59 ½, tax-free for a first-time home purchase.
• Liberal Eligibility Rules: You cannot be prevented from opening one just because you are covered by a retirement plan at work or contribute to a self-employment plan such as a Keogh account. And if a child earned $3,000, a parent could put $3,000 into a Roth IRA for a child.
• Wholly Tax-free Withdrawals: Roth IRAs can also be an estate-planning tool—with no mandatory withdrawal age, funds can compound for a heir.

As in any tax situation, consult with your tax advisor, review IRS Pub 590 or consult the IRS website.

We offer several ways to make a loan payment.

1. If you are set up with online banking, log in at nsvbt.com or NSB mobile app and click "make a payment"
2. Mail your payment to Northfield Savings Bank, PO Box 7180, Barre VT 05641
3. Visit your local Northfield Savings Bank branch

We do not assess any penalties for paying off any type of NSB loan before the term is up.

Use the checklist below to determine if you may be vulnerable to fraud. If you answer "yes" to any of the questions, consider investigating further:

• Do you question whether an online transaction may be fraudulent?
• Is someone trying to give you money you weren't expecting?
• Do you wonder if the currency you receive is real or counterfeit?
• Have you been asked to cash a check and wire funds back to the sender?
• Are you ever concerned about current fraud issues?

Click here to to learn more about fraud prevention.

The FDIC—short for the Federal Deposit Insurance Corporation—is an independent agency of the United States government. The FDIC protects depositors of insured banks located in the United States, including NSB, against the loss of their deposits if an insured bank fails. FDIC insurance covers depositors' accounts at each insured bank, dollar-for-dollar, including principal and any accrued interest through the date of the insured bank's closing, up to the insurance limit. Learn more at fdic.gov.