Municipal NOW

The Municipal N.O.W. account is available to federal, state, county or municipal government entities or other political subdivisions only.

  • Available for cities, towns, school districts, water districts and other entities authorized in VT & NH.

  • Collateralization of balances in account, no need to sweep funds to another account or invest in multiple banks
  • $500 minimum balance to avoid service charge*
  • Interest-bearing account
  • Access via internet
  • ACH capability
  • No charge for deposit items
  • Unlimited check writing

* $5 service fee monthly as well as a charge of $.015 per check that clears in that statement cycle if $500 minimum balance is not maintained.

More Options for Deposit Accounts: