North Country Savings Bank


Overview / Commentary
315-386-4533
127 Main Street
Canton, NY 13617

North Country Savings Bank is headquartered in Canton and is the 104th largest bank in the state of New York. It is also the 2,421st largest bank in the nation. It was established in 1909 and as of June of 2019, it had grown to 73 employees at 4 locations. North Country Savings Bank's money market rates are 36% higher than the national average, and it has an A health rating.

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Reviews (5)

Great local bank

Posted by: Leslie2 | Sep 26, 2014

I have been working with North Country Savings Bank for 8 years. The staff is always friendly. There is never a wait for the inside teller lines. Our mortgage was handled professionally with no glitches. Overall, a wonderful local bank that I would highly recommend to anyone.

Great local bank

Posted by: Leslie3 | Sep 25, 2014

I have been working with North Country Savings Bank for 8 years. The staff is always friendly. There is never a wait for the inside teller lines. Our mortgage was handled professionally with no glitches. Overall, a wonderful local bank that I would highly recommend to anyone.

Great local bank

Posted by: Leslie3 | Sep 25, 2014

I have been working with North Country Savings Bank for 8 years. The staff is always friendly. There is never a wait for the inside teller lines. Our mortgage was handled professionally with no glitches. Overall, a wonderful local bank that I would highly recommend to anyone.

So Far So Good

Posted by: Anonymous | Apr 6, 2010

So far so good.  Transferred large sum to their hi-yield advantage checking back in Nov'09.  Interest rates still 3% apr.

Their website could use some overhaul.  They charge a monthly fee for their MoneyHQ transfer system.  But you don't have to use it.  Can do standard transfer on their regular transfer interface. 

They do require a lot of paperwork, even for simple things like adding an external transfer account at another bank.  But if you are patient and promptly respond to their requests, things go smoothly.

Their qualifications to meet the hi-yield interest are just slightly easier than other banks.  I use their debit card for all my purchases under $10.00.  It's easy to meet their 10 debit transactions monthly using that method. ;-)

This Is Not An Internet Bank

I checked out North Country because of a high rate CD identified on this site. I checked out their website and there was no on-line CD application function.
I called and learned the following:
1. They are accepting deposits nationwide.
2. The application process involves them sending an application form which must be returned Notarized by snail mail.
3. CD funding can only be accomplished by snail mailing a check.
4. Upon receiving the application North Country will call you and ask some authentication questions and to get a sense of anticipated account activity levels.

Based on these time consuming procedures, I decided this would not work for me, especially in an environment of falling market interest rates. So, I did not ask any further questions about related potential issues and fees.

The customer service representative (actually I was transferred to a personal banker) was very helpful.

My rating is based on being an out-of-state customer. They do have an on-line banking capability, but like most other banks, apparently access is accomplished only after a banking account has been established.



Health

Health Grade Components

Overall
FDIC Certificate #16030
Year Established1909
Employees73
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.47%
Return on Equity - YTD3.66%
Annual Interest Income$5.6MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$262.5MM$251.6MM
LoansQ2 2019vs Q2 2018$218.6MM$207.9MM
DepositsQ2 2019vs Q2 2018$201.9MM$196.1MM
Equity CapitalQ2 2019vs Q2 2018$33.6MM$34.4MM
Loan Loss AllowanceQ2 2019vs Q2 2018$771.00K$783.00K
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$1.8MM$1.6MM
Real Estate OwnedQ2 2019vs Q2 2018$389.00K$275.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not North Country Savings Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

North Country Savings Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*-$50kNCSB Premium Rewards Savings
OTHER TIERS: 0.35% $50k+
0.60%*$25k*-IRA Advantage
OTHER TIERS: 0.30% $1k - $10k | 0.45% $10k - $25k
0.25%$50-Statement Savings Account
0.25%$5-Startastic Savings
0.10%$1-Christmas Club

North Country Savings Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%*$25k*-Money Market Advantage Account
OTHER TIERS: 0.30% $1k - $10k | 0.45% $10k - $25k
0.15%$2.5k-Money Market Demand Account
0.15%$1k-Money Market Statement Savings

North Country Savings Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.51%*-$25kNCSB Premium Rewards Checking
OTHER TIERS: 0.35% $50k+
0.15%$2.5k-Premier Interest Checking
0.05%$25-FREE Business Interest Checking
0.05%--Interest Checking Account

North Country Savings Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.53%$10k-61 Month CD - New Money
2.00%$2.5k-37 Month CD
1.51%$500-60 Month CD
1.51%$500-60 Month We See It Too CD
1.11%$2.5k-25 Month CD
0.80%$2.5k-13 Month CD
0.75%$500-48 Month CD
0.75%$500-48 Month We See It Too CD
0.70%$500-48 Month Step Up CD
0.65%$500-36 Month CD
0.65%$500-36 Month We See It Too CD
0.60%$2.5k-7 Month CD
0.55%$500-30 Month CD
0.50%$500-24 Month CD
0.50%$500-24 Month We See It Too CD
0.30%$500-12 Month CD
0.30%$500-18 Month CD
0.20%$500-6 Month CD

North Country Savings Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.51%$500-60 Month IRA
0.75%$500-48 Month IRA
0.65%$500-36 Month IRA
0.50%$500-24 Month IRA
0.30%$500-12 Month IRA
0.30%$500-18 Month IRA
Locations


North Country Savings Bank Locations
The North Country Savings Bank127 Main StreetCanton, NY 13617
Massena Branch22-24 Phillips StreetMassena, NY 13662
Potsdam Branch31 Main StreetPotsdam, NY 13676
Greene and Caroline Streets BranchGreene and Caroline StreetsOgdensburg, NY 13669

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