Hocking Valley Bank has a variety of savings options to help meet
your short term savings goals:
Passbook
Savings Account
You're never too young to begin saving. With a Hocking Valley Bank
Passbook Savings Account and just $100.00, customers up to age 18
can begin saving today with no quarterly service charge. Our more
"mature" savers can also enjoy this account and avoid our
quarterly service charge of $4.50 by maintaining an average daily
balance of $100.00.
An excess fee of $1.00 may be charged for each withdrawal in excess
of six per quarter for balances of $100.00 or less.
Transfers from a passbook savings account to another account or to
third parties by telephone transfer are limited to six per month with
no transfers by check, draft, debit card, or similar order to third
parties. Electronic fund transfers from passbook savings accounts
to third-parties other than Hocking Valley Bank are prohibited.
For information pertaining to current interest rate, annual percentage
yield, and interest compounding and crediting frequency, please see
our Deposit Account Rates. |
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Statement Savings Account
For customers interested in receiving a monthly statement, a Statement
Savings Account is the way to go! By depositing $100.00 to open an
account and maintaining an average balance of just $500.00, monthly
service charge fees are avoided. Fall below a $500.00 average and
a monthly service charge of $3.50 will be assessed.
Transfers from a statement savings account to another account or to
third parties by telephone transfer are limited to six per month with
no transfers by check, draft, debit card, or similar order to third
parties.
For information pertaining to current interest rate, annual percentage
yield, and interest compounding and crediting frequency, please see
our Deposit Account Rates. |
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Money Market Investment Account
By depositing $2,500.00 to open an account and maintaining an average
monthly balance of just $1,200.00, customers can enjoy our Money Market
Investment Account with absolutely no monthly service charge. Fall
below an average monthly balance of $1,200.00 and a $7.50 monthly
service charge will apply.
Transfers from a Money Market Investment Account by preauthorized,
automatic, or telephone transfer are limited to six per month with
no transfers by check, draft, debit card, or similar order to third
parties.
Interest is credited to the account monthly. Please click
here to review our current deposit account rates. |
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Certificates
of Deposit and Individual Retirement Accounts
A Hocking Valley Bank CD is a safe, secure way to earn a higher rate of return on your investment. To review our rates, terms, and
information pertaining to an IRA Account, see our Deposit
Account Rates. |
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Super
Saver Account
Whether your investment goals are short or long term, our Super
Saver Account has your best interests in mind. Deposit $20,000.00
to open an account and maintain that same amount as an average balance
for a higher rate of return. See our Deposit
Account Rates for interest rate, annual percentage yield, and
interest compounding and crediting frequency.
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An
excess withdrawal fee of $10.00 will be charged for each withdrawal
in excess of three per month. |
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