Rates at Valley Banks
Valley Banks Rate Sheet as of April 15, 2008
Type of Account |
Minimum Balance |
Interest
Rate |
APY* |
3 Month CD |
$1,000.00 |
2.40% |
2.43% |
6 Month CD |
$1,000.00 |
2.60% |
2.63% |
12 Month CD |
$1,000.00 |
2.90% |
2.94% |
24 Month CD |
$1,000.00 |
3.15% |
3.20% |
48 Month CD |
$1,000.00 |
4.00% |
4.07% |
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 |
0.20% |
0.20% |
Interest accrues on the daily balance and is credited monthly.
SAVINGS |
$100.00 |
0.50% |
0.50% |
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 |
3.50% |
3.56% |
Interest is compounded daily and is credited monthly.
|
MONEY MARKET
|
||
$  .00 - $ 999.99 |
0.00% |
0.00% |
$ 1,000.00 - $9,999.99 |
1.10% |
1.11% |
$10,000.00 - $24,999.99 |
1.20% |
1.21% |
$25,000.00 - $49,999.99 |
1.20% |
1.21% |
$50,000.00 - and over |
1.75% |
1.77% |
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.
* * Annual Percentage Yield
Member FDIC
Member FDIC