Savings

Personal savings accounts can help you meet your short and long term savings goals.

Village Bank Savings Options

Minimum Opening Deposit

Minimum Balance to Avoid Service Fees

Service Fee / Terms

Village Classic Savings*
This Savings account is always in style with a low minimum balance requirement.

$50

$50

$4 per month if balance falls below $50 during the monthly statement cycle. $3 per withdrawal after the six allowed per monthly statement cycle.

Kid's Village*
Designed for the young savers, under the age of 18, planning for their future.

$1

None

None

Village Money Market Savings*
A competitive interest product for consumer and business with higher savings balances.

$100

$1,000

$10 per month if balance falls below $1,000 during the monthly statement cycle. $8 per withdrawal after the six allowed per monthly statement cycle.

Elite Money Market*
A high yield savings account with funds readily available when you need them. Available for consumer and business.

$10,000

$10,000

$10 per month if balance falls below $10,000 during the monthly statement cycle.

Health Savings Account (HSA)*†
A great way to save for current or future qualified medical expenses. Click here for more information.

$100

None

$25 set up fee. No annual or monthly maintenance fees.

Village Classic IRA*†
The perfect tool for Rollovers and Transfers to help you save for your future.

$500

None

Must see a relationship banker to withdraw funds from IRA

Certificates of Deposit (CDs)

Traditional time deposits offered in various term lengths ranging from 6 months to 48 months. IRA Certificates also available.
A minimum balance of $1,000 is required to open a Village Bank CD and earn interest on the account.
CDs may be subject to early withdrawal penalties.

*Competitive interest on all savings products variable rates subject to change. See a banker for current rates.
†Consult your tax advisor for IRS contribution and distribution details. 

 

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Village Bank is a trusted community banking partner for more than 30 years and is dedicated to empowering individuals and businesses!

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