Rates Effective as of
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CD Special
Up your Savings
includes a great rate and a one-time
"Step-Up" option+
3.55% APY*
21 months
$5,000 minimum deposit
*Certificate of Deposit Special rate is 3.54% with an Annual Percentage Yield (APY) of 3.55%, effective 8/13/2008. A minimum deposit of $5,000 is required. Penalties will be imposed for early withdrawal and fees could reduce earnings. At maturity the renewal term will be 18 months.
+One-time “Step-up” feature, allows customers the option of raising their interest rate one time during the term of the 21 month CD, for the current rate in effect based on the original term.
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Plan for Our future
 Earn 10.00% APY (Annual Percentage Yield) on your first $500, and 5.00% APY on every penny thereafter with a College Savings Fund.
$100 per year deposit required to maintain CSF account. Required opening deposit is $100. Failure to deposit annually will cause the account to convert to a Village Classic Savings account and earn the posted rates thereof. Account matures on child's 21st birthday; account must be converted from an UGMA account at maturity or it will be closed. Member FDIC. Variable rate account, rate subject to change at the discretion of Village Bank.
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Certificates of Deposit
and
IRA Certificates
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Minimum Balance To Obtain APY*
$1,000 to $24,999.99
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Minimum Balance To Obtain APY*
$25,000 to $99,999.99
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Minimum Balance To Obtain APY*
$100,000 and over
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90 Days
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2.40%
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2.45%
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2.50%
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180 Days
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2.60%
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2.65%
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2.70%
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12 Months
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2.90%
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2.95%
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3.00%
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18 Months
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2.95%
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3.00%
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3.05%
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24 Months
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3.05%
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3.10%
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3.15%
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36 Months
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3.20%
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3.25%
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3.30%
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48 Months
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3.40%
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3.45%
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3.50%
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May be subject to early withdrawal penalties. Fees could reduce earnings. Certificates with terms greater than 12 months have interest compounded annually. The 36 and 48 month CD's contain a one-time step-up feature, allowing our customers the option of raising their interest rate one time during the term of the CD, for the current rate then in effect for that CD, based on the original term and dollar amount.
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Personal Savings Accounts
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Minimum Balance to Obtain APY*
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APY*
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Opening Deposit
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Village Money Market
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$0.01 to $4,999.99
$5,000 to $99,999.99
$100,000 to $249,999.99
$250,000 and over
|
.25%
.75%
1.25%
1.90%
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$5,000
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Village Classic
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$50
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.25%
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$50
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Health Savings Account
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$100 to $4,999.99
$5,000 to $24,999.99
$25,000 to $99,999.99
$100,000 and over
|
.25%
.55%
1.00%
1.50%
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$100
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Minor Thrift
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$1
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.25%
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$1
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Variable rate accounts, rates may change at the discretion of Village Bank. Fees could reduce earnings.
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Village Classic, Golden and 59 1/2 IRA Savings
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APY*
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Minimum Balance Needed to Obtain APY*
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$500 to $49,999.99
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1.00%
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$50,000 to $249,999.99
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1.50%
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$250,000 and over
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2.15%
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Minimum Opening Deposit on each of these IRA accounts is $500.00. Variable rate accounts, rates may change at management discretion. With the 59 1/2 Account, a six month interest penalty will be imposed if funds are withdrawn before the depositor's 59 1/2 birthday. The Golden IRA Savings account is available to anyone over the age of 59 1/2. The Golden IRA Savings account has no time requirements and you can deposit or withdraw funds at any time, subject to state and federal IRA requirements. Fees could reduce earnings.
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Coverdell ESA
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APY*
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Minimum Balance Needed to Obtain APY*
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$500 to $24,999.99
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.50%
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$25,000 to $49,999.99
|
.75%
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$50,000 and over
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1.00%
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Minimum Opening Deposit on this IRA account is $500.00. Variable rate account, rates may change at the discretion of Village Bank. Fees could reduce earnings.
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Interest Bearing
Checking Accounts
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Minimum Balance To Obtain APY*
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APY*
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Opening Deposit
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Village Club
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$500
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.25%
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$100
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Village Gold
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$500
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.25%
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$100
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Employee Advantage
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$500
|
.25%
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$100
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Relationship
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$0.01
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.25%
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$100
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Business Interest
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$500
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.25%
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$100
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Health Savings Checking Account
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$100
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.25%
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$100
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Variable rate accounts, rates may change at the discretion of Village Bank.
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Business Savings Accounts
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Minimum Balance To Obtain APY*
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APY*
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Opening Deposit
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Business Money Market
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$0.01 to $4,999.99
$5,000 to $99,999.99
$100,000 to $249,999.99
$250,000 and over
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.25%
.75%
1.25%
1.90%
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$5,000
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Business Classic
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$1,000
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.25%
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$200
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Variable rate accounts, rate may change at the discretion of Village Bank.
*(All Deposit Rates are stated as Annual Percentage Yield - APY)
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