Deposit Accounts

Checking

EZ Checking

  • No minimum balance
  • Open with $50 or more
  • Visa Debit Card – OAC
  • Visa Credit Card w/$500 limit – OAC – Waive Annual Fee
  • Overdraft Protection w/$500 limit – OAC

NOW Checking

  • Minimum balance of $500 is required to open the account and avoid monthly service charge of $10.00
  • Interest paid at the current variable rate
  • Visa Debit Card – OAC
  • Visa Credit Card w/$2,500 limit – OAC – Waive Annual Fee
  • Overdraft Protection w/$500 limit – OAC

Premier NOW Checking

  • Minimum balance of $20,000 is required to open the account and avoid monthly service charge of $10.00
  • Interest paid at the current variable rate
  • Visa Debit Card – OAC
  • Visa Credit Card w/$5,000 limit – OAC – Waive Annual Fee
  • Overdraft Protection w/$1,000 limit – OAC

Silver NOW Checking

  • No minimum balance
  • Open with $50 or more
  • Free checks
  • Interest paid at the current variable rate
  • Visa Debit Card – OAC
  • Visa Credit Card w/$2,500 limit – OAC – Waive Annual Fee
  • Overdraft Protection w/$500 limit – OAC
  • Available for customers age 55 and older

Overview

  EZ Checking NOW Checking Premier NOW Checking Silver NOW Checking (Age 55 and older)
Minimum opening deposit $50 $500 $20,000 $50
Minimum balance
to avoid monthly fee
None $500 $20,000 None
Debit card available
(OAC)
Yes Yes Yes Yes
Credit card available (OAC) Yes,
$500 limit
Yes,
$2,500 limit
Yes,
$1,000 limit
Yes,
$500 limit
Overdraft protection available
(OAC)
Yes,
$500 limit
Yes,
$500 limit
Yes,
$1000 limit
Yes,
$500 limit
Interest bearing No Yes Yes Yes
Free checks No No No Yes

Savings

Money Market

  • Minimum balance of $1,000 is required to avoid monthly service charge of $10.00
  • Open with $1,000 or more
  • No interest is paid when under the $1,000 minimum balance
  • A depositor may make no more than six covered transfers or withdrawals per statement cycle
  • Fees could reduce the earning on the account
  • Interest rate tier based on the account balance
  • Interest paid on current variable rate

Savings

  • Open with $25 or more
  • A depositor may make no more than six covered transfers or withdrawals per statement cycle
  • Additional withdrawals are $.50 each
  • Interest paid on current variable rate

Premier Savings

  • Open with $20,000 or more
  • A depositor may make no more than six covered transfers or withdrawals per statement cycle
  • Additional withdrawals are $.50 each
  • Interest paid on current variable rate

Silver Savings

  • Open with $25 or more
  • A depositor may make no more than six covered transfers or withdrawals per statement cycle
  • Additional withdrawals are $.50 each
  • Interest paid on current variable rate
  • Available for customers age 55 and older

Youth Savings

  • Open with $25 or more
  • A depositor may make no more than six covered transfers or withdrawals per statement cycle
  • Additional withdrawals are $.50 each
  • Interest paid on current variable rate
  • Available for customers up to age 18

Certificates & IRAs

Certificate of Deposit – CD

For the long-term saver, CDs pay a higher interest rate than our typical savings accounts when left untouched for a set period of time.

  • $1,000 minimum required at opening
  • Terms from 1 month to 5 years are available

Please call or visit your local Cache Valley Bank branch for rates.

A penalty may be imposed for early withdrawal.

Individual Retirement Arrangements – IRA

IRAs offer tax-deferred interest earning on retirement savings with contributions invested in one of several IRA certificate deposit accounts.

  • $1,000 minimum required at opening
  • Terms from 1 month to 5 years are available
  • No Maintenance Fees

Please call or visit your local Cache Valley Bank branch today for rates.

Health Savings Accounts – HSA

A health savings account is a safe, flexible, tax-advantage account for owners of qualified high-deductible health insurance policies to save for qualified medical expenses.

  • $25 minimum required at opening
  • Debit card available upon request
  • Contributions, earnings, and withdrawals may be tax free*

*Cache Valley Bank does not provide tax advice.

ezCheckingAd
Looking for a business account? click here.