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The Northumberland National Bank Review

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We maintain strict editorial integrity in our writing and assessments. This post contains links from our advertisers, and we may receive compensation when you click these links. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone. | Advertiser Disclosure We maintain strict editorial integrity in our writing and assessments. This post contains links from our advertisers, and we may receive compensation when you click these links. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone. | Advertiser Disclosure
The Northumberland National Bank Savings
0.20% APY
1. Overview 2. How We Rated It 3. Products Offered 4. Branch Locations

Overview

The Northumberland National Bank started in 1903 and has its headquarters in Northumberland, Pennsylvania. It owns assets of $508 million and deposits totaling $453 million, which makes it a medium-size bank. The Northumberland National Bank lacks premium access to customer service, with no options for live chat or all-day service. It is a conventional brick-and-mortar bank with in-person service, in addition to its online and mobile offerings. We gave The Northumberland National Bank a 4.1 stars out of 5, suggesting it is a respectable bank that you should consider. The Northumberland National Bank offers a complete suite of banking products, including savings accounts, checking accounts, money market accounts, CDs, IRAs, mortgage products and credit cards. It has a fair savings rate compared to the average savings account. If you're looking for a checking account for everyday use, The Northumberland National Bank's standard checking does not have a monthly fee. Locating a bank with free checking and a high interest rate savings account is your best bet for returning the highest income on your deposits alongside easy access to your funds.

How We Rated It

SmartAsset's Overall Rating

4.1/5
National Average: 4.1

The overall rating is a weighted average of rates, fees, service quality and financial health.Read more

Rates

3.1
SmartAsset Average: 3.5

The Northumberland National Bank features a savings rate of 0.20%, which is poor compared to the national average. The Northumberland National Bank's one-year CD has a rate of 0.40% and the five-year CD earns at a rate of 1.70%, while its highest-yielding money market account has an APY of 0.25%. Given The Northumberland National Bank's below average savings rate, you should think about opting for higher earning savings accounts with other banks.

How The Northumberland National Bank's Savings Rates Compare

The Northumberland National Bank Savings 0.20 National Average 0.26 Compare Offers
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Fees

4.5
SmartAsset Average: 4.4

On average, The Northumberland National Bank charges its customers low fees in comparison to the national average. Its checking account has no monthly fee, making it excellent for anyone looking for a simple account. Additionally, The Northumberland National Bank has an overdraft fee of $35.00, which is on par with the average overdraft fee charged by U.S. banks. The Northumberland National Bank unfortunately does not reimburse out-of-network ATM charges, meaning you will be required to search for a The Northumberland National Bank ATM or accept the withdrawal fee.

Monthly Fee $0 National Average: $3.21
Non-network ATM Fee N/A National Average: $1.20
Overdraft Fee $35.00 National Average: $35.00
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Service Quality

4.1
SmartAsset Average: 3.7

The Northumberland National Bank is a brick-and-mortar bank, with seven total branches in Pennsylvania. It also offers access to mobile and web apps for straightforward access and banking on the go. The Northumberland National Bank gets fairly decent ratings from customers for its mobile platform. The The Northumberland National Bank mobile app scored a 4.2 out of 5 (with 60 customer reviews on iOS and Android) compared to the national average of 3.8. The Northumberland National Bank's mobile app lets you manage your accounts by reviewing account balances, sending and receiving money and reaching customer service. The Northumberland National Bank gets an excellent consumer satisfaction score based on comparatively few complaints reported to the Consumer Financial Protection Bureau (CFPB), a government agency that protects consumers in the financial sector.

Overall Mobile Rating 4.2/5
Consumer Satisfaction Rating 5.0/5
Online Banking Portal No
Live Chat No
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Financial Health

4.8
SmartAsset Average: 4.8

The Northumberland National Bank is a medium-size bank owning assets totaling $508 million as well as deposits totaling $453 million. The Northumberland National Bank's Texas Ratio is 4.31%, denoting that the bank is in excellent financial condition and far from failure. Additionally, The Northumberland National Bank is FDIC-insured, meaning that your money is insured up to $250,000, even in the event of bank failure.

Texas Ratio Analysis

4.31%
High Risk 75% 50% 20% 10% Low Risk

The Texas Ratio, a measure of a "bad assets" against available capital, can provide an early warning sign of bank failure. A low ratio indicates smaller chance of failure; a higher ratio suggests greater risk.

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Compare The Northumberland National Bank to Other Competitive Offers

Products Offered

Product Current Terms and Rates Minimum Balance for APY
Savings Account 0.2% APY $2500
Checking Account 0.05% APY $1000
Certificates of Deposit
  • 12 Month: 0.40% APY
  • 24 Month: 0.50% APY
  • 36 Month: 1.25% APY
  • 48 Month: 1.35% APY
  • 60 Month: 1.70% APY
$5000 for all terms
Money Market Accounts 0.2% APY 0.25% APY $10000 $15000

The Northumberland National Bank has several deposit products like savings accounts, checking accounts, money market accounts and CDs that provide you with many options to manage your money. The Northumberland National Bank does not have the best savings rate, which means you should think about looking elsewhere for banks that deliver more return for your money. CDs can be a terrific option to achieve higher returns, but there are limitations to accessing your money. The Northumberland National Bank's CD rates are fair compared to the average U.S. bank.

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Find a The Northumberland National Bank Near Me

The Northumberland National Bank has seven locations across the U.S.

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