Business Accounts

 

Business Checking

Small, medium, or large businesses will find an account to fit their needs.
All checking accounts come with the added benefit of Imaged Statements.

Free Business Checking
(Sole Proprietors & Non-Profit Organizations Only)

  • $95 Minimum to open
  • No maintenance fee
  • No minimum balance to avoid fee

Small Business Checking

  • $95 Minimum to open
  • No maintenance fee with a $2,000 minimum daily ledger balance
  • A $5.00 monthly maintenance fee will apply if the above balance is not maintained
  • 150 Items (debits, credits & deposits) per statement cycle
  • $.15 per excess items of 150

Business Interest Checking

Available to sole proprietors, non-profit organizations, government units and those acting in a fiduciary capacity.
Federal regulations prohibit us from offering interest checking to partnerships or corporations.

  • $95 Minimum to open
  • No maintenance fee with a $2,500 minimum daily ledger balance
  • A $15.00 monthly maintenance fee will apply if the above balance is not maintained
  • Interest will be calculated on collected daily collected balances and credited monthly

Commercial Analysis Checking

  • $100 Minimum to open
  • A $7.00 monthly maintenance fee
  • $.07 per item (debits, credits & deposits)

Earning credit can be applied to charges and can significantly reduce or  even eliminate the amount of service fee incurred. The earnings credit is calculated based on the daily collected balance at the average 90-day T-bill.

Other miscellaneous fees will be charged at the published rate.

Business Savings

Business Savings

  • $100 Minimum to open
  • $300 Minimum daily ledger balance to avoid $5.00 quarterly maintenance fee
  • Two (2) free withdrawals per quarter
  • Excessive activity charge of $5.00 for each withdrawal over two (2) per quarter

Commercial Money Market Account

Mountain Valley Community Bank Money Market account offers competitive rates and rewards higher balances with a tiered-rate structure.

  • $1,000 Minimum to open
  • No maintenance fee with a $2,500 minimum daily ledger balance
  • A $10.00 monthly maintenance fee will apply if the above balance is not maintained
  • Interest on balances of $2,500 or more will be calculated on daily collected balances and credited monthly
  • Federal regulations limit third party or preauthorized withdrawals to six (6) per statement cycle, of which six (6) may be made by check or draft. An excessive activity charge of $10.00 will be charged for each withdrawal in excess of those permitted.

 

Business Loans

 

As a community bank, we are committed to the growth and prosperity of businesses in our area.  Decisions are made locally and loans are customized to fit your specific needs and credit capability.  Our lenders are experienced bankers who will work with you to structure the right loan to fit your company's needs.

Some of the types of loans we offer include:

  • Commercial real estate
  • Construction loans (commercial and residential)
  • Lines of credit
  • Equipment purchases
  • Business expansion loans
  • Letter of credit
  • SBA loans
  • Working Capital

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