Savings, CDs & IRAs
Whether you’re opening your first account or saving for a down payment on a home, Hocking Valley Bank has a Savings Account designed to meet your goals.
Passbook Savings Account*
With a Hocking Valley Bank Passbook Savings Account and just $100.00, customers up to age 18 can begin saving with no quarterly service charge. Our more "mature" savers can also choose this account and avoid our quarterly service charge of $4.50 by maintaining an average daily balance of $100.00. Transfers from a Passbook Savings Account to another account or third-party by telephone or computer are limited to six per quarter.
Statement Savings Account*
For customers interested in receiving a monthly statement, who might also like debit card access to their account, 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.
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 to open an account and maintain at least that amount as an average balance for a higher rate of return. An excess withdrawal fee of $10.00 is charged for each withdrawal in excess of (3) per month. Electronic transfers are limited to (6) per statement cycle. See our Deposit Rates for interest rate, annual percentage yield, and interest compounding and crediting frequency.
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. Electronic transfers are limited to six per statement cycle. Fall below an average monthly balance of $1,200.00 and a $7.50 monthly service charge will apply.
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 Rates.
*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.