Rates

APY = Annual Percentage Yield. Rates effective as of January 4, 2016. Rates may change after account is opened. Fees may reduce earnings.

Rewards Checking

Balance Dividend Rate APY* Minimum Required Opening Deposit
$0.01–$10,000.00 2.00% 2.00% $50**
Portion of balance over $10,000.00 0.05% 0.05% $50**
Non-qualifying 0.05% 0.05% $50**

Simply do the following each monthly qualification cycle:

  • Have at least 15 check card purchases post and clear
  • Have at least 1 automatic payment (ACH) or direct deposit post and clear
  • Receive free eStatements
  • Access online banking

*APY=Annual Percentage Yield. **New to Valley? An additional $25 is required for your membership savings account. $50 minimum to open Rewards Checking and $1 to open Rewards Savings. $25 savings required for membership. If qualifications are met each monthly qualification cycle: (1) ATM fees incurred using Rewards Checking check card during qualification cycle will be reimbursed up to $20 and credited to account on the last day of monthly statement cycle; (2) balances up to $10,000 receive APY of 2.00%; and (3) balances over $10,000 earn 0.05% dividend rate on the portion of the balance over $10,000, resulting in 2.00% – 0.05% APY depending on the balance. If qualifications are not met all balances earn 0.05% APY. Qualifying transactions must post to and clear Rewards Checking account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and clear account. Transfers between accounts do not count as qualifying transactions. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. Fees may reduce earnings.

Rewards Savings

Balance Dividend Rate APY* Minimum Required Opening Deposit
$0.01–$20,000.00 0.50% 0.50% $1.00*
Portion of balance over $20,000.00 0.25% 0.25% $1.00*
Non-qualifying 0.05% 0.05% $1.00*

If you qualify for Rewards Checking rewards, you automatically get the Rewards Savings rate too! Simply do the following each monthly qualification cycle:

  • Have at least 15 check card purchases post and clear
  • Have at least 1 automatic payment or direct deposit post and clear
  • Receive free eStatements
  • Access online banking

*APY=Annual Percentage Yield. $1 deposit required to open Rewards Savings. Qualifying transactions must post to and clear Rewards Checking account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and clear account. Transfers between accounts do not count as qualifying transactions. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. Dividends earned in Rewards Checking is automatically transferred to Rewards Savings each statement cycle and does not compound. Actual dividend amount paid may be less than advertised Rewards Checking APY. The Rewards Savings APYs may be less than Rewards Checking APYs. If qualifications in Rewards Checking account are met each monthly qualification cycle: (1)balances up to $20,000 in Rewards Savings account receive an APY of 0.75%; and (2)balances over $20,000 in Rewards Savings account earn 0.25% dividend rate on portion of balance over $20,000, resulting in 0.75% - 0.25% APY depending on the balance. If qualifications are not met on Rewards Checking, all balances in Rewards Savings account earn 0.05% APY. Fees may reduce earnings.

Checking Accounts

Account Type Minimum Balance Term Compounding Dividend Rate APY*
Business Checking None -- -- -- --
Premier High Rate Checking Up to $5,000 Monthly Monthly 0.05% 0.05%
Premier High Rate Checking $5,000–$25,000 Monthly Monthly 0.15% 0.15%
Premier High Rate Checking $25,000+ Monthly Monthly 0.25% 0.25%
Basic Checking None -- -- -- --
Opportunity Checking None -- -- -- --
Student Checking Up to $1,000 Monthly Monthly 1.00% 1.00%
Student Checking $1,000+ -- -- -- --
Classic 55 Checking None -- -- -- --
Premier High Rate Checking (with direct deposit)** $2,500–$9,999.99 Monthly Monthly 0.75% 0.75%
Premier High Rate Checking (with direct deposit)** $10,000+ Monthly Monthly 0.25% 0.25%
Premier High Checking (no direct deposit)** $2,500–$9,999.99 Monthly Monthly 0.25% 0.25%
Premier High Checking (no direct deposit)** $10,000+ Monthly Monthly 0.10% 0.10%

*APY=Annual Percentage Yield. **Minimum daily balance of $2,500.

Savings Accounts

Account Type Minimum Balance Term Compounding Dividend Rate APY*
Regular Savings $25 Monthly Monthly 0.05% 0.05%
Stash Savings $25 Monthly Monthly 0.05% 0.05%
Business Savings $25 Monthly Monthly 0.10% 0.10%
Christmas Club $25 Open Date Through 10/31 Non-compounding 0.25% 0..25%

*APY=Annual Percentage Yield. Minimum balance $25 to earn dividends.

Money Market Savings

Minimum Balance Term Compounding Dividend Rate APY*
$1000–$9,999.99 Monthly Monthly 0.05% 0.05%
$10,000–$24,999.99 Monthly Monthly 0.10% 0.10%
$25,000–$49,999.99 Monthly Monthly 0.10% 0.10%
$50,000–$74,999.99 Monthly Monthly 0.15% 0.15%
$75,000–$99,999.99 Monthly Monthly 0.20% 0.20%
$100,000+ Monthly Monthly 0.20% 0.20%

*APY=Annual Percentage Yield. Minimum balance $25 to earn dividends.

Term Share Certificate

Account Type Minimum Balance Term Compounding Dividend Rate APY*
Youth Certificate $100 12 months Monthly 0.30% 0.30%
6 Month Certificate $1,000 6 months Monthly 0.15% 0.15%
9 Month Certificate $1,000 9 months Monthly 0.25% 0.25%
Step-Up Certificate $500 24 months Monthly 0.65% 0.65%
12 Month Certificate $500 12 months Monthly 0.30% 0.30%
15 Month Certificate $500 15 months Monthly 0.35% 0.35%
18 Month Certificate $500 18 months Monthly 0.40% 0.40%
21 Month Certificate $500 21 months Monthly 0.45% 0.45%
24 Month Certificate $500 24 months Monthly 0.75% 0.75%
30 Month Certificate $500 30 months Monthly 0.80% 0.80%
36 Month Certificate $500 36 months Monthly 1.00% 1.00%
48 Month Certificate $500 48 months Monthly 1.25% 1.26%
60 Month Certificate $500 60 months Monthly 1.50% 1.51%

*APY=Annual Percentage Yield. Minimum balance $25 to earn dividends. A penalty applies for early withdrawal.

Individual Retirement Accounts

Account Type Minimum Balance Term Compounding Dividend Rate APY*
IRA Variable Rate Share Acct. $25 Monthly Monthly 0.05% 0.05%
6 Month Certificate $1,000 6 months Monthly 0.15% 0.15%
9 Month Certificate $1,000 9 months Monthly 0.25% 0.25%
Step-Up Certificate $500 24 months Monthly 0.65% 0.65%
12 Month Certificate $500 12 months Monthly 0.30% 0.30%
15 Month Certificate $500 15 months Monthly 0.35% 0.35%
18 Month Certificate $500 18 months Monthly 0.40% 0.40%
21 Month Certificate $500 21 months Monthly 0.45% 0.45%
24 Month Certificate $500 24 months Monthly 0.75% 0.75%
30 Month Certificate $500 30 months Monthly 0.80% 0.80%
36 Month Certificate $500 36 months Monthly 1.00% 1.00%
48 Month Certificate $500 48 months Monthly 1.25% 1.26%
60 Month Certificate $500 60 months Monthly 1.50% 1.51%

*APY=Annual Percentage Yield. Early withdrawal penalties may apply.

Current Loan Rates

Valley will work with you on an individual basis to review your financial position and find the perfect loan to fit your needs. Call us at 1-800-735-6803 or visit your nearest branch today.

Vehicles Flexible Terms as low as 2.99%APR*
**Recreational Vehicles Flexible Terms as low as 4.99%
Fixed Rate Home Equity Up to 84 months as low as 4.75%
Fixed Rate Home Equity 85–120 months as low as 5.25%
Fixed Rate Home Equity 121–180 months as low as 5.50%
Mobile Homes – Primary Residence Up to 180 months as low as 6.74%
Mobile Homes – Primary Residence 181–240 months as low as 6.99%

*APR=Annual Percentage Rate. Rate not to exceed 17.99%.
**The above rates are for motorhomes,5th wheels, pull trailers, campers and boats, not to exceed 17.99%.

Platinum Visa Credit Cards*

Range Grade Index (Prime=3.25%) Rates Maximum Minimum Minimum Payment Promo Rates**
735+ A+ Prime + 4.74% 8.24% $20,000 $1,000 $25 or 2% of balance (whichever is greater) 1.99%
700–734 A Prime + 4.74% 8.24% $20,000 $1,000 $25 or 2% of balance (whichever is greater) 1.99%
660–699 B Prime + 6.74% 10.24% $10,000 $1,000 $25 or 2% of balance (whichever is greater) 3.99%
620–659 C Prime + 8.74% 12.24% $5,000 $500 $25 or 2% of balance (whichever is greater) 5.99%
Under 619–Secured Credit Card Prime + 9.74% 13.24% $3,000 $500 $25 or 2% of balance (whichever is greater) N/A

Platinum Visa REWARDS Credit Cards*

Range Grade Index (Prime=3.50%) Rates Maximum Minimum Minimum Payment Promo Rates**
735+ A+ Prime + 6.74% 10.24% $20,000 $1,000 $25 or 2% of balance (whichever is greater) 1.99%
700–734 A Prime + 6.74% 10.24% $20,000 $1,000 $25 or 2% of balance (whichever is greater) 1.99%
660–699 B Prime + 8.74% 12.24% $10,000 $1,000 $25 or 2% of balance (whichever is greater) 3.99%
620–659 C Prime + 10.74% 14.24% $5,000 $500 $25 or 2% of balance (whichever is greater) 5.99%

Personal Loan Rates*

Up to 60 months as low as 8.24%

Variable Loan Rates***

Type Term Annual Percentage Rate (APR)
Line of Credit 36 months (maximum loan amount is $2,000) Index WSJ Prime Rate plus margin of 4.50%
First Mortgage 60–180 months 3.99% Effective 7/10/15 In House Mortgages
Home Equity Line of Credit Variable as low as 3.25%

Rates determined "On Approved Credit"

Terms of repayment for a 72 month loan at a 4.74% interest rate would be $15.98 per $1,000 borrowed.

Closing costs may vary due to the type of loan.

APR may be affected by the pre-paid finance charge.

*Rate not to exceed 17.99%.

**Promo rates only apply to balance transfer

***Rates may change after account is opened.