Current Rates and Fees

Deposit Account Rates

Checking, Money Market and Savings Rates
ProductMinimum
to Open
Minimum Balance
to Obtain APY*
Interest RateAPY*
- *APY = Annual Percentage Yield
- **Minors and full time students with proof of ID, Minimum of $25 to open savings.
- Rates are effective as of July 1, 2015
- All rates are subject to change, at any time, without being published on this website.
Please contact your local branch to ensure the accuracy of these rates.
- Rates may change after the account is opened.
- Service fees or penalties charged against the account may reduce earnings.
Hometown Interest Checking$100.00$20.000.15%0.15%
Neighborhood Business Interest Checking$100.00$20.000.15%0.15%
Money Market Accounts$1,000.00$20.000.15%0.15%
$10,000.000.20%0.20%
$50,000.000.25%0.25%
$100,000.000.30%0.30%
$200,000.000.35%0.35%
$500,000.000.40%0.40%
Regular Savings**$100.00$20.000.30%0.30%

 

Certificate of Deposit Rates

ProductMinimum
to Open
Minimum Balance
to Obtain APY*
Interest RateAPY*
- *APY = Annual Percentage Yield
- **This promotional offer may be withdrawn at any time. Promotional Offer is not available for placement in the CDARS network.
- Rates are effective as of July 1, 2015
- All rates are subject to change, at any time, without being published on this website.
Please contact your local branch to ensure the accuracy of these rates.
- Rates may change after the account is opened.
- Service fees or penalties charged against the account may reduce earnings.
- For term deposit accounts, there is a penalty fee for any early withdrawal of funds.
- CD rates are fixed for the life of the term. Maturity rates are subject to change if automatically renew.
91 Days$1,000.00$1,000.000.25%0.25%
182 Days$1,000.00$1,000.000.35%0.35%
12 Months$500.00$500.000.45%0.45%
24 Months$500.00$500.000.75%0.75%
36 Months$500.00$500.000.85%0.85%
48 Months$500.00$500.001.05%1.05%
60 Months$500.00$500.001.34%1.35%
PROMOTIONAL CD
15 Months**$5,000.00$5,000.000.70%0.70%

 

IRA Certificate of Deposit and Savings IRA Rates

ProductMinimum
to Open
Minimum Balance
to Obtain APY*
Interest RateAPY*
- *APY = Annual Percentage Yield
- Rates are effective as of July 1, 2015
- All rates are subject to change, at any time, without being published on this website.
Please contact your local branch to ensure the accuracy of these rates.
- Rates may change after the account is opened. Rates are fixed for the life of the term.
- Service fees or penalties charged against the account may reduce earnings.
- For term deposit accounts, there is a penalty fee for any early withdrawal of funds.
12 Months$500.00$500.000.45%0.45%
24 Months$500.00$500.000.75%0.75%
36 Months$500.00$500.000.85%0.85%
48 Months$500.00$500.001.05%1.05%
60 Months$500.00$500.001.34%1.35%
Savings IRA
All Types$100.00$20.000.30%0.30%

 

 

Fee Schedule Limits and Fees
The following fees may be assessed against your account:
Replace Debit Card or PIN $10.00
Foreign ATM Usage Fee
(per cash withdrawal, balance inquiry or account transfer)
$1.00
Check Printing Fee depends on style
of check ordered
EZ Online Banking Business Bill Pay
Includes 15 transactions, each additional transaction is $0.30 (free for the first 90 days)
$5.95
Cashier’s Check $5.00
Money Order $5.00
Overdraft Fee $35.00
Return Item (any reason) $35.00
Deposited Checks Returned (any reason) $5.00
Copies of Items $3.00
Additional Copy of Statement $5.00
Stop Payments $35.00
Research – per hour $25.00
Night Deposit Bag $25.00
Plastic Zipper Bag $10.00
Safe Deposit Box Annual Rental
(sizes may vary by location)
 
3 x 5
5 x 5
3 x 10
5 x 10
7 x 10
10 x 10
$25.00
$35.00
$45.00
$60.00
$75.00
$85.00
Duplicate Safe Deposit Box Keys $25.00
Safe Deposit Box Drilling Bank’s Cost
Incoming Wire Transfer $10.00
Domestic Outgoing Wire Transfer $20.00
International Outgoing Wire Transfer $30.00
Premature Account Closing
(if closed within 6 months of opening date)
$25.00
Dormant Checking Account – per month (no customer initiated activity for 12 months) $10.00
Dormant Money Market / Savings Account – per month (no customer initiated activity for 5 years) $10.00
Excessive Withdrawal Fee –
per excessive debit
 
Savings Account
Market Account
$1.00
$5.00
Garnishments $125.00
Levies $75.00
Virginia Department of Taxation Levy $20.00