Checking Accounts
At Village Bank we provide various checking options to meet your financial needs.
Checking Options
| Minimum Opening Balance | Minimum Balance to Avoid Service Fee | Interest Paid on Account | Service Fee/Terms | |
|---|---|---|---|---|
| Community Checking | $50 | None | None | None |
| 50+ Interest Checking | $50 | None | Yes | None |
| Premium Interest Checking | $50 | $1,500 | Yes | $5.00 per month if balance falls below $1,500.00 during the monthly statement cycle |
eChecking
Account Features
No minimum balance
No monthly service charge
No per-check charge
FREE Debit Card
Free Online Banking
Free Online Bill Pay
Free eStatements
Complimentary Mobile Deposit***
Each time you qualify, you get:
0.50% Annual Percentage Yield** on balances up to and including $7,500. 0.01% APY** on balances exceeding $7,500 or full balances if qualifications are not met.
ATM fee refunds up to $10 per month
To qualify each monthly cycle:
Have at least 14 debit card purchases post and clear. Must be $5 or greater per transaction.
A minimum of $500 in direct deposit(s)
Receive monthly eStatements
Offer good on personal accounts only; business and corporate accounts do not qualify for these plans. Bank rules and regulations apply. **Annual Percentage Yield (APY) per the current Rate Sheet. If all qualifications are met during the statement cycle, a bonus rate of 0.50% APY on balances up to and including $7,500 and 0.01% APY on balances over $7,500 will be credited. If bonus qualifications are not met during the statement cycle, a rate of 0.01% APY of the full or entire balance will be credited. To earn the bonus rate, each month the account must be enrolled in eStatements, post and settle at least 14 debit card transactions of $5 or greater per transaction, and receive a minimum of $500 in direct deposit(s). Rates may change after account opening and fees could reduce earnings. Interest earning are based on daily collected balances and are credited monthly to the account. *Minimum opening deposit of $50. Other fees such as NSF Paid Fee, NSF Returned Fee, Delinquent Account Collection Fee, Inactive Account Fee, etc. may apply. ***Must be enrolled in online banking and download our mobile app to use Mobile Check Capture Deposit, available for consumer customers only. End of day cutoff for Mobile deposit is 4pm. Message and data rates may apply.
