Hancock Savings BankYour Community Bank Since 1899

Products & Services

Negotiable Order of Withdrawal
(NOW) Account

Our NOW Account offers you the convenience of a checking account with the interest-bearing benefit of a savings account.

A NOW checking account may be opened by:

  • One or more individuals;
  • Government entities depositing public funds; and
  • Nonprofit organizations operated primarily for religious, philanthropic, charitable, educational, political, or other similar purposes.

You can open a NOW account with a deposit of only $25. If you maintain an average daily balance of at least $200, you will not be charged the $5 monthly service fee.

Interest is compounded and credited to your NOW account on a monthly basis. The interest rate and annual percentage yield on this account may change at any time. You must maintain a minimum average daily balance of $500 to obtain the disclosed annual percentage yield.