Rates at Valley Banks
Valley Banks Rate Sheet as of October 20, 2011
Type of Account |
Minimum Balance |
Interest
Rate |
APY* |
3 Month CD |
$1,000.00 |
0.31% |
0.31% |
6 Month CD |
$1,000.00 |
0.50% |
0.50% |
12 Month CD |
$1,000.00 |
0.80% |
0.80% |
24 Month CD |
$1,000.00 |
1.25% |
1.26% |
48 Month CD |
$1,000.00 |
1.75% |
1.76% |
On all Certificates of Deposit the interest accrues on the daily balance and is credited monthly. On Certificates of Deposit with a term of one year and less there is a one-month penalty for early withdrawal. On Certificates of Deposit with a term of over one year there is a three-month penalty for early withdrawal. We offer a Certificate of Deposit, any term, in your IRA for a minimum deposit of $10,000 penalties apply.
Rates below may change after the account is open. Fees may reduce earnings.
NOW ACCOUNT |
$500.00 |
0.10% |
0.10% |
Interest accrues on the daily balance and is credited monthly.
SAVINGS |
$100.00 |
0.25% |
0.25% |
Interest is compounded daily and is credited monthly. Statements semi-annually unless you have automatic transfers or a cash card then statements are monthly.
IRA & ROTH IRA |
$100.00 |
0.80% |
0.80% |
Interest is compounded daily and is credited monthly.
|
MONEY MARKET
|
||
| $0.00 - $999.99 | 0.00% | 0.00% |
$1,000.00 -  $9,999.99 |
015% |
0.15% |
$10,000.00 - $24,999.99 |
0.17% |
0.17% |
$25,000.00 - $49,999.99 |
0.17% |
0.17% |
$50,000.00 - and over |
0.25% |
0.25% |
Interest accrues on the daily balance and is credited monthly
SEE A VALLEY BANK EMPLOYEE FOR FURTHER INFORMATION ABOUT THE TERMS ON THESE ACCOUNTS. FINANCIAL INFORMATION FURNISHED UPON REQUEST.
Member FDIC