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 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 three (3) 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.