Let’s start filling your piggy bank.
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.
Savings Account Comparison Table
See below for all disclosures
|Value Savings||Value Money Market||CDs||IRAs|
|An account that pays interest with a low minimum opening deposit.||For those looking for tiered interest rates with the ability to access emergency funds||For those looking for a secure, reliable return at competitive rates||For those planning for their future|
|Minimum Opening Deposit||$50||$2,500||$1,0002||$1,000|
|Minimum Daily Bal. to|
Avoid Fee & Earn Interest
|Minimum Balance Fee||$12 per quarter||$15||None||None|
|Per Item Fee||$6 after six withdrawals per quarter||$10 after six withdrawals per month||None||None|
|Transaction Limits||Six per quarter||Six per month||Penalties apply for early withdrawals||Penalties apply for early withdrawals|
Balance to Earn Interest
|Tiered Interest||No||Interest Rate Tiers**||Rates vary||Rates vary|
|Fixed Interest Rate||No||No||Term of CD||Term of CD|
- 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.
- The 2-Year Step Up CD requires a minimum opening deposit of $50,000.00. If interest rates increase, this CD allows you to change to the new higher rate only one time during the 2-year term.
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