Business Accounts

   

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
  • Debit card with no maintenance fee
    (subject to credit approval)

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
  • Debit card with no maintenance fee
    (subject to credit approval)

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
  • Debit card with no maintenance fee
    (subject to credit approval)

Mountain Business Checking (MBA)

  • $95 minimum to open
  • No maintenance fee with a $2,000 minimum daily ledger balance or $5,000 average collected balance
  • No maintenance fee with a $25,000 combined daily ledger balance of all primary accounts and loans held in the customer portfolio
  • A $15.00 monthly maintenance fee will apply if the above balance is not maintained
  • 400 items (debits, credits, and deposited items) per statement cycle
  • A $.15 per excess items over 400
  • Debit card with no maintenance fee
    (subject to credit approval)
  • Free notary services
  • 50% discount on safe deposit box
  • Business loans (preferred pricing with balances over $25,000)
    (subject to credit approval)
  • Business owners receive free MVCB style checks and cashier's checks with two personal checking accounts
  • Employee benefits:  free checking guaranteed
    (overdraft privilege and debit card subject to credit approval)

Smart Deposit Checking

Remote deposit allows you to scan checks and electronically transmit the scanned images directly to Mountain Valley Community Bank for depositing to your account all without leaving your office (subject to credit approval).

  • $100 minimum to open
  • A $50.00 monthly maintenance fee
  • $.07 per debited item
  • Debit card with no maintenance fee
    (subject to credit approval)

Earnings 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.

Commercial Analysis Checking

  • $100 Minimum to open
  • A $7.00 monthly maintenance fee
  • $.07 per item (debits, credits & deposits)
  • Debit card with no maintenance fee
    (subject to credit approval)

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 pre authorized 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.

Certificates of Deposit

For longer-term investments, Mountain Valley Community Bank offers a full array of Certificates of Deposit.

  • $500 Minimum to open
  • Terms:  Maturities of up to sixty (60) months
  • Automatic certificate renewal
  • Interest may be reinvested, deposited to another account or paid by check
  • Certificates may be used as collateral on loans
  • Penalty for early withdrawal
  • Membership in Mountain Valley Adventure Club (minimum $20,000)

   

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

Donald E Allison       
NMLS ID # 489238    706.348.6822    dallison@mvcbank.com
Sherrie Atterholt       
NMLS ID # 489239    770.983.2201    satterholt@mvcbank.com
Mindy Clark             
NMLS ID # 489240    706.348.6822    mclark@mvcbank.com
Marc Greene            
NMLS ID # 489241    706.348.6822    mgreene@mvcbank.com
Hoyal Presley           
NMLS ID # 489242    706.348.6822    hpresley@mvcbank.com
Sam McDuffie 
NMLS ID # 811216    706.387.7416    smcduffie@mvcbank.cmo
Tammy Babb
NMLS ID # 811217    706.387.7416     tbabb@mvcbank.com
Susan Bruce
NMLS ID # 744129     706.387.7416     sbruce@mvcbank.com
Rebecca King
NMLS ID # 607568     706.348.6822     rking@mvcbank.com
Greg Hunter
NMLS ID # 811197     706.387.7416     ghunter@mvcbank.com
Chris Baumgardner
NMLS ID # 479276     770.983.2201     cbaumgardner@mvcbank.com

 

 

 Other Business Services

Online Banking and Bill Pay / Cash Management

Mountain Valley Community Bank's Internet Banking allows you to conduct 
all your banking transactions on your PC from home, office, laptop or 
wireless device.  You get all the modern conveniences plus the personal
service only a community bank can offer.

  • View your actual checks front and back
  • Transfer money between accounts any time, day or night
  • View all transactions as they occur
  • Download your transactions into MS Money, Quickbooks, or Quicken
  • View and print your statement
  • View transactions between specified dates
  • Make a payment on your Mountain Valley Community Bank Loan

Sign up for our Bill Payment Service and never write a check or worry
about mailing a payment on time again.  It is easy, safe and it is free!

Payroll Services

Payroll Services are available for companies from 1 to 50 employees.  The 
services include:

  • Tax deposits and filing
  • State unemployment management
  • New hire reporting
  • Labor law posters with updates
  • Secure online access

Automatic Teller Machine (ATM)

 With a Mountain Valley Community Bank Debit Card,
you may make withdrawals at any ATM worldwide.
No service charge at ATM’s on the Surcharge
Free Network. Ask for a list of locations or visit
SurchargeFree.com to see a list of locations that
are convenient for you.  

Please click here to see ATM locations (Sum-Atm.com) that you can use with no service charge.

 

Debit Card with ScoreCard® Rewards

 For a fast, convenient and safe way to pay for your
purchases, Mountain Valley Community Bank offers the
Mountain Valley Community Bank Debit Card. It looks
like a credit card but works like a check. You may
use your Debit Card at ATMs to get cash or make purchases.
With a Debit Card purchase, the payment is automatically
deducted from your checking account. When using your Debit
Card for purchases, simply choose “Credit” instead of
“Debit” to receive ScoreCard® Rewards points toward
merchandise and travel! Click here to sign up.

To report a lost or stolen debit card after business hours
please call 1-800-500-1044.

  Direct Deposit

 With the convenience of Direct Deposit, you can have
immediate access to your money by having your payroll
check deposited directly into your account. It’s safe, simple
and worry-free. Our staff at Mountain Valley Community Bank
can assist you in establishing direct deposit of Social
Security, other government payments or company pension
payments.

  Safe Deposit Boxes

 Mountain Valley Community Bank offers a safe and secure
place for holding your personal belongings and important
papers. You can choose a 3x5, 3x10, 5x10, or a 10x10 box
depending on your needs. Safe box size availability will vary
at each location.

  24 Hour Telephone Banking

Telephone Banking gives you fast, up-to-the-minute
account information and is available 24 hours a day, 7 days
a week. With a touchtone phone, you may inquire about
your account balance, find out if a check has cleared and
even make transfers between accounts.

855.835.MVCB(6822)

Corporate Credit Cards

Enjoy the convenience of using corporate credit cards
to make business purchases. Individual cards for key
employees will help you track spending and manage
expenses.

Merchant Services

We can process your credit card transactions quickly,
efficiently and securely.  Funds are deposited directly
into your checking account.  Ask a Mountain Valley
Community Banker for information.

Night Depository

For your convenience, you can make secure deposits
at any time.

Wire Transfers

Funds may be sent or received from almost any part of
the world by wire transfer. Ask any customer service
representative about this convenient and affordable
method of moving your money.

Gift Cards

Mountain Valley Community Bank offers gift cards which can 
loaded with any amount between $10 and $750 and used 
by the recipient anywhere VISA is accepted or you can 
purchase a reloadable travel card loaded with any amount
between $100 and $5,00.  This card can be used worldwide
at ATM's and VISA merchants and reloaded via the web.

Overdraft Privilege Service 

Our Overdraft Privilege Serviceis automatically added to eligible accounts to cover checks 
and ACH transactions. Customers can opt into our Service to cover ATM/
debit card transactions.  See our disclosure for terms and conditions.

Safe Deposit Boxes
 

Mountain Valley Community Bank offers a safe and secure place for holding your 
personal belongings and important papers.  You can choose a 3x5, 3x10, 5x10
or 10x10 box depending upon your needs (box sixes vary at each location).

Night Depository

For your convenience, you can make secure deposits at any time.

Payroll Services

Payroll services are available for companies from 1 to 50 employees.  The services include:

  • Tax deposits and filing
  • State unemployment management
  • New hire reporting
  • Labor law posters with updates
  • Secure online access

Investment Services / Wealth Management

  • Asset Management
  • Retirement Planning
  • Planning for College
  • Investments that fit

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