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 $5,000. 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 – $10,000; $25,000 – $50,000; $50,000 – $100,000; $100,000 or more