Personal Savings
Personal Savings
Our basic savings account with no monthly service charge if a minimum daily balance is maintained.
- $100 minimum opening deposit
- $2 monthly service charge if daily balance falls below $200
- $2 excess debit charge is charged for each debit (withdrawal or payment out of this account) in excess of six during a statement cycle. Unlimited over-the-counter transactions are always permitted with no excess debit charge.
- Interest earned on all balances
- See Consumer Deposit Account Agreement
- See Rates
Celebration 50 Savings
Our Celebration 50 savings is offered with our Celebration 50 checking account.
- $1 minimum opening deposit
- Service charge free as long as the Celebration 50 checking account is open. $2 monthly service charge if daily balance falls below $200 will apply if the Celebration 50 account is closed
- Interest earned on all balances
- See Consumer Deposit Account Agreement
- See Rates
Enhanced Savings
Our Enhanced Savings is available with our Enhanced checking account.
- $1 minimum opening deposit
- Service charge free as long as the Enhanced checking account is open. $2 monthly service charge if daily balance falls below $200 will apply if the Enhanced account is closed
- Interest earned on all balances
- See Consumer Deposit Account Agreement
- See Rates
Smart Choice Money Market
Would you like to earn higher interest rates on higher balances? The Smart Choice Money Market account has six levels of qualifying balances; as the balance in your account increases to the next higher tier, all of the funds in the account earn a higher interest rate.
- $25,000 minimum opening deposit
- $12 monthly service charge if daily balance falls below $25,000
- $3 excess debit charge is charged for each debit (withdrawal or payment out of this account) in excess of six during a statement cycle. Unlimited over-the-counter transactions are always permitted with no excess debit charge.
- Interest earned on all balances
- Free Check Safekeeping
- See Consumer Deposit Account Agreement
- See Rates
Money Market Savings
Our tiered rate Money Market savings that pays more interest as your balance grows!
- $100 minimum opening deposit
- $10 monthly service charge if minimum daily balance falls below $1000
- $3 excess debit charge is charged for each debit (withdrawal or payment out of this account) in excess of six during a statement cycle. Unlimited over-the-counter transactions are always permitted with no excess debit charge.
- Interest earned on all balances
- Free Check Safekeeping
- See Consumer Deposit Account Agreement
- See Rates
Holiday Club Savings
Wrap up your holiday plans by opening up a Holiday Club Savings Account. It’s the perfect way for you to save for your holiday expenses or that special vacation! Deposit as frequently as you like. Automatic deduction from your Valley Bank checking or savings account is an effortless, systematic way to save.
- $10 minimum opening deposit
- No monthly service charge
- Withdrawal of the balance can be made anytime, but the account will be closed and all unpaid interest forfeited.
- Interest is paid on October 31st of each year and the balance of your account will be paid by direct deposit to your Valley Bank checking or savings account during the first week of November each year.
- See Consumer Deposit Account Agreement
- See Rates
Certificates of Deposit
Certificates of Deposit are a popular and safe way to achieve your financial goals. Since everyone’s needs are not exactly the same, we offer a wide variety of time deposit accounts including fixed rate accounts with terms from 90 days to 5 years, and a certificate that allows you to “bump” your interest rate as well as make deposits whenever you like. Call us and ask for our current rates and other information.
Fixed Rate Certificate – Terms of 12 months or less
- $2500 minimum opening deposit
- Interest not compounded; paid at maturity
- A penalty may be imposed for early withdrawal
- See Consumer Deposit Account Agreement
- See Rates
Fixed Rate Certificate – Terms greater than 12 months
- $500 minimum opening deposit
- Interest compounded daily and paid monthly, quarterly, semiannually, or annually
- A penalty may be imposed for early withdrawal
- See Consumer Deposit Account Agreement
- See Rates
Bump N Jump Certificate – Term of 15 months
- $5,000 minimum opening deposit
- Interest compounded daily and paid quarterly
- Add-on deposits anytime you like during the term in increments of $500 or more
- “Bump” the rate once during the term for the “Bump-N-Jump” posted rate
- A penalty may be imposed for early withdrawal
- See Consumer Deposit Account Agreement
- See Rates
Jumbo Certificate - Terms of 12 months or less
- $100,000 minimum opening deposit
- Interest not compounded; paid at maturity
- A penalty may be imposed for early withdrawal
- See Consumer Deposit Account Agreement
- See Rates
Jumbo Certificate - Terms of 12 months or more
- $100,000 minimum opening deposit
- Interest not compounded; paid monthly, quarterly, semiannually, or annually
- A penalty may be imposed for early withdrawal
- See Consumer Deposit Account Agreement
- See Rates
Individual Retirement Accounts (IRAs)
An Individual Retirement Account is one of the wisest investments you can make. At Valley Bank, your investment earns even more with no annual fees or setup costs! Call us and ask for our current rates and other information.
IRA Fixed Rate Certificate – Terms of 12 months or more
- $100 minimum opening deposit
- Interest compounded and paid semi-annually
- A penalty may be imposed for early withdrawal
- See Consumer Deposit Account Agreement
- See Rates
IRA Expandable Savings Certificate – Term of 12 months
- $100 minimum opening deposit
- Interest compounded and paid semi-annually
- Unlimited deposits permitted in increments of $100 or more
- A penalty may be imposed for early withdrawal
- See Consumer Deposit Account Agreement
- See Rates
