Saving money is a habit that pays. At ValueBank Texas, we offer a variety of savings and CD accounts to help you prepare for any short or long-term goals you might have. It’s never too late to start saving. Come by today to open an account.
| VBT BUSINESS SAVINGS FOR THOSE LOOKING FOR A MINIMUM OPENING DEPOSIT | VBT BUSINESS MONEY MARKET FOR THOSE LOOKING FOR TIERED INTEREST RATES WITH THE ABILITY TO ACCESS EMERGENCY FUNDS | CDS FOR THOSE LOOKING FOR A SECURE, RELIABLE RETURN AT COMPETITIVE RATES | |
|---|---|---|---|
Minimum Opening Deposit | VBT BUSINESS SAVINGS FOR THOSE LOOKING FOR A MINIMUM OPENING DEPOSIT $50 | VBT BUSINESS MONEY MARKET FOR THOSE LOOKING FOR TIERED INTEREST RATES WITH THE ABILITY TO ACCESS EMERGENCY FUNDS $2,500 | CDS FOR THOSE LOOKING FOR A SECURE, RELIABLE RETURN AT COMPETITIVE RATES $1,000 |
Minimum Daily Bal. to
Avoid Fee & Earn Interest | VBT BUSINESS SAVINGS FOR THOSE LOOKING FOR A MINIMUM OPENING DEPOSIT $400 | VBT BUSINESS MONEY MARKET FOR THOSE LOOKING FOR TIERED INTEREST RATES WITH THE ABILITY TO ACCESS EMERGENCY FUNDS $2,500 | CDS FOR THOSE LOOKING FOR A SECURE, RELIABLE RETURN AT COMPETITIVE RATES $1,000 |
Minimum Balance Fee | VBT BUSINESS SAVINGS FOR THOSE LOOKING FOR A MINIMUM OPENING DEPOSIT $12 per quarter | VBT BUSINESS MONEY MARKET FOR THOSE LOOKING FOR TIERED INTEREST RATES WITH THE ABILITY TO ACCESS EMERGENCY FUNDS $15 | CDS FOR THOSE LOOKING FOR A SECURE, RELIABLE RETURN AT COMPETITIVE RATES None |
Per Item Fee | VBT BUSINESS SAVINGS FOR THOSE LOOKING FOR A MINIMUM OPENING DEPOSIT $6 after six withdrawals per quarter | VBT BUSINESS MONEY MARKET FOR THOSE LOOKING FOR TIERED INTEREST RATES WITH THE ABILITY TO ACCESS EMERGENCY FUNDS $10 after six withdrawals per month | CDS FOR THOSE LOOKING FOR A SECURE, RELIABLE RETURN AT COMPETITIVE RATES None |
Transaction Limits | VBT BUSINESS SAVINGS FOR THOSE LOOKING FOR A MINIMUM OPENING DEPOSIT Six per quarter | VBT BUSINESS MONEY MARKET FOR THOSE LOOKING FOR TIERED INTEREST RATES WITH THE ABILITY TO ACCESS EMERGENCY FUNDS Six per month | CDS FOR THOSE LOOKING FOR A SECURE, RELIABLE RETURN AT COMPETITIVE RATES Penalties apply for early withdrawals |
Interest Paid
Minimum Daily
Balance to Earn Interest | VBT BUSINESS SAVINGS FOR THOSE LOOKING FOR A MINIMUM OPENING DEPOSIT Yes1 $400 | VBT BUSINESS MONEY MARKET FOR THOSE LOOKING FOR TIERED INTEREST RATES WITH THE ABILITY TO ACCESS EMERGENCY FUNDS Yes1 $2,500 | CDS FOR THOSE LOOKING FOR A SECURE, RELIABLE RETURN AT COMPETITIVE RATES Yes1 $1,000 |
Tiered Interest | VBT BUSINESS SAVINGS FOR THOSE LOOKING FOR A MINIMUM OPENING DEPOSIT No | VBT BUSINESS MONEY MARKET FOR THOSE LOOKING FOR TIERED INTEREST RATES WITH THE ABILITY TO ACCESS EMERGENCY FUNDS Interest Rate Tiers** | CDS FOR THOSE LOOKING FOR A SECURE, RELIABLE RETURN AT COMPETITIVE RATES Rates vary |
Fixed Interest Rate | VBT BUSINESS SAVINGS FOR THOSE LOOKING FOR A MINIMUM OPENING DEPOSIT No | VBT BUSINESS MONEY MARKET FOR THOSE LOOKING FOR TIERED INTEREST RATES WITH THE ABILITY TO ACCESS EMERGENCY FUNDS No | CDS FOR THOSE LOOKING FOR A SECURE, RELIABLE RETURN AT COMPETITIVE RATES Term of CD |
DISCLOSURES
1. Interest: We use the daily collected balance computation method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue on the business day you deposit non-cash items (for example: checks). We reserve the right at any time to require not less than 7 days in writing before each withdrawal from a savings account. Fees may reduce earnings on the account.
Annual percentage yield (APY) is variable and may change after the account is open. Fees may reduce earnings on the account.
** Interest Rate Tiers: $2,500 – $9,999; $10,000 – $24,999; $25,000 – $49,999; $50,000 – $99,999; $100,000 or more
