Business Savings

At Valley Bank, we offer a simple choice of business savings accounts. We not only believe that you should have a choice, but that it shouldn’t be difficult to decide which account is right for you.

Smart Choice Business 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 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 Rates
• See Business Deposit Account Agreement

Business Money Market Savings

Interest rates are tiered to provide higher market rates for larger balance amounts. No monthly service charge when you maintain a minimum balance.

• $100 minimum opening deposit
• $10 monthly service charge if balance falls below $1,000
• $4 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 Rates
• See Business Deposit Account Agreement

Business Savings

Earn interest with no monthly service charge when you maintain a low minimum balance.

• $100 minimum opening deposit
• $4 monthly service charge if 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 Rates
• See Business Deposit Account Agreement

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. Also, our special Bump N Jump 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 Rates
• See Business Deposit Account Agreement

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 Rates
• See Business Deposit Account Agreement

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 Rates
• See Business Deposit Account Agreement

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 Rates
• See Business Deposit Account Agreement

Jumbo Certificate - Terms greater than 12 months

• $100,000 minimum opening deposit
• Interest not compounded; paid at maturity, quarterly, semiannually, or annually
• A penalty may be imposed for early withdrawal
• See Rates
• See Business Deposit Account Agreement