NBT Bank Launches New NBT iSelect Account Certified by Banking Advocates as Safe and Affordable

NORWICH, NY, January 12, 2022 (GLOBE NEWSWIRE) – NBT Bank now offers the NBT iSelect account, certified by the Cities for Financial Empowerment Fund (CFE Fund) as meeting Bank On National Account (2021-2022) standards.

“As a community bank focused on supporting the financial health of current and future customers, we are proud to offer this new NBT iSelect account to those who need accessible and affordable ways to bank,” said President and CEO John H. Watt. , Jr. “Our NBT iSelect account offers a reliable and seamless banking solution with numerous no-cost banking benefits to help customers get control of their finances quickly and easily, without worrying about low monthly balances or unforeseen service charges. “

“The Cities for Financial Empowerment Fund is delighted to award its National Bank On certification to the NBT iSelect account of NBT Bank,” said Jonathan Mintz, President and CEO of the Cities for Financial Empowerment Fund. “The NBT iSelect Account provides residents of the North East looking to improve their finances with a safe, affordable and truly useful consumer banking product. without issue. NBT Bank’s offering of this great account puts them at the forefront of national banking access efforts, and we thank them.

In addition to the absence of monthly maintenance, inactivity or dormancy fees, overdraft fees and minimum required balance, the NBT iSelect account is an ideal choice for those without a banking history or who find it difficult to maintain a checking account. NBT iSelect account holders will also have access to an NBT Bank debit card and digital banking services.

To learn more about our NBT iSelect account, visit www.nbtbank.com.

About NBT Bank
NBT Bank offers personal banking, business banking and wealth management services from locations in seven states, including New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, Maine and Connecticut. The bank and its parent company, NBT Bancorp, are headquartered in Norwich, NY. NBT Bancorp had assets of $ 12 billion as of September 30, 2021 and is listed on the Nasdaq Global Select Market under the symbol NBTB. More information about NBT is available online at www.nbtbank.com. FDIC member.

About the Cities for Financial Empowerment Fund (CFE Fund)
The CFE Fund supports municipal efforts to improve household financial stability by taking advantage of opportunities unique to local government. By translating cutting-edge experience with large-scale programs, research and policies in cities of all sizes, the CFE Fund helps mayors and other local leaders identify, develop, fund, implement and research pilots and programs that help families build assets and make the most of their financial resources. The CFE Fund currently works in more than 100 cities and counties and has provided more than $ 55 million to local governments and their partners to support these efforts. For more information, please visit www.cfefund.org or follow us on Twitter at @CFEFund.

About the bank on
Bank On coalitions are locally led partnerships between local public officials; municipal, state and federal government agencies; financial institutions; and community organizations that work together to help improve the financial stability of unbanked and underbanked individuals and families in their communities. The National Bank On initiative builds on a grassroots movement of more than 85 coalitions in cities across the country, providing national account standards, capacity support, pilot funding and a learning community. In addition to connecting the unbanked to accounts, Bank On programs raise awareness, target the unbanked, and expand access to financial education. More information is available online at www.cfefund.org/bankon or by following the conversation on Twitter @CFEFund #BankOn.

Contact:

Florence doller
Senior Vice President and Director of Corporate Communications
607.337.6118 / [email protected]

Michael J. Birnbaum