NB Statement Savings

Save for the future with a straightforward savings account. NB Statement Savings is easy to understand and use, with no fees and complete assurance that your deposits are secure. Start with as little as $10 and watch as your savings grow.

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Benefits & Features

Your Money, Your Way

Save your money for the future instead of spending it on fees. We’ll never charge you monthly or maintenance fees on your NB Statement Savings account.

Fully Insured Deposits

All deposits at Needham Bank are insured in full through a combination of insurance provided by the Federal Deposit Insurance Corporation (FDIC) and the Share Insurance Fund (SIF)

Online & Mobile Banking 

Have complete control over and access to your NB Statement Savings account at all times. Learn More

NB Statement Savings Highlights

  • No monthly account or maintenance fees
  • All deposits are 100% insured in full
  • Competitive interest rate
  • Includes NB Mobile and Online Banking
  • Up to 6 transactions per month; this includes ACH, checks, transfers, and bill pay


Serving Our Clients

Starting Your Emergency Savings Fund

An emergency savings fund is a safety net to help cover unexpected expenses. Start your savings fund today with these budgeting tips from Needham Bank.

Learn more about Starting Your Emergency Savings Fund


What types of savings accounts do you offer?

Needham Bank offers Money Market, Statement Savings and Passbook Savings Accounts. Please check out our Deposit Rates page for current rate information.

Does Needham Bank have an App?

Yes, Needham Bank offers two apps – one for consumer online banking and one for business online banking. Please search “Needham Bank” from within the iTunes or Google Play app stores.

Are my deposit accounts insured?

Yes. We provide both FDIC and SIF insurance on your deposits. In general, the Federal Deposit Insurance Corporation (FDIC) insures the first $250,000 of deposits, the Share Insurance Fund (SIF) insures all deposits above that amount. For more a more detailed understanding of FDIC insurance please contact one of our banking representatives.

Save for the future with this easy-to-understand, straightforward option.

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