Personal Banking

Savings for the Future

A plan to help achieve your future goals

• No minimum balance requirement
• No monthly maintenance fee
• Your money will earn at least as much interest as our highest savings rate and is not tied up for a specific time period
• Automatic transfers are made weekly, biweekly or monthly from your NJM Bank checking account¹
• Save any amount from $50 to $2,000 per month
• One withdrawal per month is permitted with no fee². Take out your money at any time by transferring it to your checking account via Online Banking³ or Telephone Banking, or by visiting a teller
• Open your account with as little as $50⁴

NJM Bank's Savings for the Future account is a great tool to help you set aside funds for any need.

1 The preauthorized automatic transfer program is required. There are no over-the-counter, online, or telephone transfer deposits into the account permitted. ATM access is not available on this account.

2 There is a $10 fee assessed for each withdrawal transaction that exceeds the one permitted per month.

3 There is a fee of $3.00 per month for Online Banking; however, the existing NJM Bank checking account utilized for the periodic transfers required above may be eligible for free Online Banking, which could then include the SFF account for on-line banking access at no additional charge. Check here to see which Checking Account fits your particular needs. There is no fee for Telephone Banking.

4 Maximum opening deposit is $2,000.