Saving is fun! Whether you are saving for your future, a special event or a project, National Bank of Middlebury has a savings account for you. From Select Savings to Certificates of Deposit (CDs) to iSave accounts, we can help you achieve your goals.

All savings accounts offer:

  • Direct Deposit
  • Online & Mobile Banking
  • eStatements
  • Combined Statements
  • Direct Payments
  • Mobile Deposit

Select Savings

A traditional style savings account.

  • No minimum balance
  • No monthly service fee with e-statements ($5/month if you choose paper statements)
  • Interest credited monthly
  • Free ATM-only debit card

iSave Account

Designed for those who are saving towards a particular goal or event.

  • 12, 18 or 24 month savings plans (like a mini Certificate of Deposit)
  • Premium interest rate paid for first three months
  • Interest credited monthly (penalties assessed for early withdrawal)

Select Savings for Youth

Our Select Savings Account for Youth is designed for customers under 21 years of age.

  • No minimum balance
  • No monthly service charge
  • Interest credited monthly
  • Accepts any amount as an opening deposit

School House Savings Program

The School House Savings program allows you to establish a Select Savings Account through local participating elementary schools. Children can then make deposits at their school on Banking Day!

  • No minimum balance
  • Interest credited monthly
  • NBM deposits first dollar

Certificate of Deposit

Designed for savers willing to commit to a term with a higher interest rate than a savings account.

  • 7 to 89 day term – $10,000 minimum deposit
  • 90 day or longer term – $2,500 minimum deposit
  • Fixed or variable interest rate options
  • Interest credited monthly (penalties assessed for early withdrawal)

IntraFi Network Deposits (CDARS)

Almost anyone who wants to combine the convenience of working directly with just one financial institution with the security of access to FDIC insurance will benefit from IntraFi Network Deposits.

  • FDIC Insurance. With IntraFi Network Deposits, you can access multi-million dollar FDIC protection on CD investments. [1]
  • One bank. You work directly with us to secure large deposits.
  • One rate. You earn one interest rate per maturity on CD investments placed through IntraFi Network Deposits.

Money Market Account

This account is a higher yielding investment account offering a higher interest rate that increases at different balance amounts.

  • $2,500 minimum balance
  • $10.00 per month service charge if balance falls below $2,500
  • Tiered interest rates credited monthly
  • Early closure fee may apply


An individual retirement account (IRA) with tax-free growth on tax-deferred investments. Each type has different advantages. Subject to IRS restrictions, can save for retirement purposes.

  • Traditional IRA – tax deferred
  • Roth IRA – tax advantage account
  • 7-day to 60-month terms
  • $500 minimum deposit
  • Penalties for early withdrawal

To open your new NBM account, we will need the following information.

  • Social Security number and date of birth for all individuals on the account
  • Phone number and email address
  • Physical address (no post office boxes)
  • Debit card or account for funding the initial deposit for your new account
  • License or passport information for all individuals on the account
  • School information if you are a student

Please note:

A $100 initial deposit is required at account opening unless otherwise indicated. An early closure fee may apply (on accounts open less than one year)

Other fees and charges that may apply are outlined in our Fee Schedule.*

*This link opens a PDF. Click here to download Adobe PDF Reader.