| Interest Bearing Checking Accounts |
| Account
Type |
Minimum
Balance to Open Account |
Minimum
Balance to Obtain APY |
Interest
Rate |
APY |
Interest
Compounding & Crediting Frequency |
| Now Checking* |
$1,200.00 |
$1,200.00 |
0.05% |
0.05% |
Monthly |
| Now Checking * REVERSION |
$1,200.00 |
$0.00 to $1,199.99 |
0.00% |
0.00% |
Monthly |
| Super NOW Checking* |
$2,500.00 |
$2,500.00 |
0.10% |
0.10% |
Monthly |
| Super NOW Checking* REVERSION |
$2,500.00 |
$0.00 to $2,499.99 |
0.05% |
0.05% |
Monthly |
| Infinity Checking Tier 1*, $1,200.00 - $2,499.99 |
$0.00 |
$0.00 |
0.05% |
0.05% |
Monthly |
| Infinity Checking Tier 2*, $2,500.00 - $19,999.99 |
$0.00 |
$0.00 |
0.10% |
0.10% |
Monthly |
| Infinity Checking Tier 3*, $20,000.00 - $249,999.99 |
$0.00 |
$0.00 |
0.10% |
0.10% |
Monthly |
| Infinity Checking Tier 4*, Greater than $250,000.00 |
$0.00 |
$0.00 |
0.10% |
0.10% |
Monthly |
| Fees charged against the account may reduce customer earnings.
Please ask us for our brochure, "Your Deposit Account," for additional details concerning these types of accounts.
*The rate may change after the account is opened. |
| Savings Accounts |
| Account
Type |
Minimum
Balance to Open Account |
Minimum
Balance to Obtain APY |
Interest
Rate |
APY |
Interest
Compounding & Crediting Frequency |
| Passbook Savings* |
$100.00 |
$0.01 |
0.10% |
0.10% |
Quarterly |
| Statement Savings* |
$100.00 |
$0.01 |
0.10% |
0.10% |
Monthly |
| Money Market Investment* |
$2,500.00 |
$2,500.00 |
0.10% |
0.10% |
Monthly |
| Money Market Investment* REVERSION |
$2,500.00 |
$0.00 to $2,499.99 |
0.05% |
0.05% |
Monthly |
| Super Saver Tier 1* |
$20,000.00 |
$0.00 - $19,999.99 |
0.00% |
0.00% |
Monthly |
| Super Saver Tier 2* |
$20,000.00 |
$20,000 - $99,999.99 |
0.10% |
0.10% |
Monthly |
| Super Saver Tier 3* |
$20,000.00 |
$100k - $999,999.99 |
0.10% |
0.10% |
Monthly |
| Super Saver Tier 4* |
$20,000.00 |
$1M - $1,999,999.99 |
0.10% |
0.10% |
Monthly |
| Super Saver Tier 5* |
$20,000.00 |
> $2,000,000.00 |
0.10% |
0.10% |
Monthly |
| IRA - Variable* |
None |
$0.01 |
0.81% |
0.81% |
Monthly |
| IRA - Fixed 18 Months** |
None |
$0.01 |
0.30% |
0.30% |
Monthly |
| IRA - Fixed 36 Months** |
None |
$0.01 |
0.70% |
0.70% |
Monthly |
| IRA - Fixed 60 Months** |
None |
$0.01 |
1.00% |
1.00% |
Monthly |
| *Fees charged against the account may reduce customer earnings. The rate may change after the account is opened.
**A penalty may, or will be imposed, for early withdrawal. Quarterly, semi-annual, and annual compounding is available upon request and require mandatory interest payouts. APYs stated above reflect interest compounded and credited monthly, with interest remaining in the account until maturity.
Please ask us for our brochure, "Your Deposit Account," for additional details concerning these types of accounts. |
| Certificates of Deposit |
| Account
Type |
Minimum
Balance to Open Account |
Minimum
Balance to Obtain APY |
Interest
Rate |
APY |
Interest
Compounding & Crediting Frequency |
| 91 Days |
$2,500.00 |
$2,500.00 |
0.10% |
0.10% |
Monthly |
| 182 Days |
$2,500.00 |
$2,500.00 |
0.15% |
0.15% |
Monthly |
| 12 Months |
$1,000.00 |
$1,000.00 |
0.25% |
0.25% |
Monthly |
| 18 Months |
$1,000.00 |
$1,000.00 |
0.30% |
0.30% |
Monthly |
| 24 Months |
$1,000.00 |
$1,000.00 |
0.40% |
0.40% |
Monthly |
| 30 Months |
$1,000.00 |
$1,000.00 |
0.50% |
0.50% |
Monthly |
| 36 Months |
$1,000.00 |
$1,000.00 |
0.70% |
0.70% |
Monthly |
36 Month "Step-Up"
(Rate may be stepped up to a higher rate once during the CD's term) |
$1,000.00 |
$1,000.00 |
0.65% |
0.65% |
Monthly |
| 42 Months |
$5,000.00 |
$5,000.00 |
0.75% |
0.75% |
Monthly |
| 48 Months |
$5,000.00 |
$5,000.00 |
0.90% |
0.90% |
Monthly |
| 60 Months |
$5,000.00 |
$5,000.00 |
1.00% |
1.00% |
Monthly |
| Fees charged against the account may reduce customer earnings. A penalty may, or will be imposed, for early withdrawal. Quarterly, semi-annual, and annual compounding is available upon request and require mandatory interest payouts. APYs stated above reflect interest compounded and credited monthly, with interest remaining in the account until maturity.
For quarterly, semi-annual, or annual compounding and crediting please contact Hocking Valley Bank at (740)592-4441. |
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