Whether you're saving for short-term emergencies or long-term reserves, you deserve the security of knowing your money is safe, in your own community, and earning competitive interest.
Our commitment to your satisfaction is shown in many ways, from the variety of our savings accounts to the convenience of our many locations. It all comes down to local people serving local people. Or as we like to say at Central Valley Community Bank, "community" is more than just our middle name - it's at the heart of everything we do.
Indivual Retirement Accounts Retirement Savings With Proven Strength And Security.
You're working hard toward a retirement you can enjoy. At Central Valley Community Bank, we offer tax-deferred Individual Retirement Accounts (IRAs) that ensure your money works as hard as you do. Best of all, you can choose the IRA that best suits your needs and goals, with a selection of investments, fixed and variable-rate options, and other important considerations. All provided with the personal attention and commitment to satisfaction Central Valley Community Bank is known for.
All IRAs are not created equal. Fortunately, neither are all banks. We'll treat your retirement with the same respect we have for every person we serve - the people who make this area such a special place to call home. Simply choose the IRA that best suits your needs and goals! Currently our IRA options include:
Traditional IRA: Allows you to contribute earned income and defer taxes on contributions and earnings until they are withdrawn.
Roth IRA: Great for starting retirement savings because contributions are taxed going into the account, but no tax is paid on qualified withdrawals.
Simplified Employee Pension IRA: Designed for employers who want to provide a tax advantage savings method for themselves and their employees.
Enhance Your Retirement Savings The Individual Retirement Account (IRA) at Central Valley Community Bank is a retirement plan for everyone who works. It provides retirement security, tax shelter for your funds until you receive them, and a flexible plan for receiving your retirement funds.
A Choice Of Investments We offer a choice of two investments for your money, and you can transfer from one option to another as your deposits mature. Each account is insured up to $250,000 by the Federal Deposit Insurance Corporation.
Fixed Rate Option: Under this option, Central Valley Community Bank guarantees that the starting interest rate on your deposits will be maintained for 12, 18, 24, or 60 months, according to the type of account. A minimum opening deposit of $500 is required. Interest is compounded daily, and credited to the account every three months from the opening date.
Variable Rate Option: Deposits in this option earn an interest rate based on current market conditions. The interest rate will be adjusted on the first of each month. Interest is compounded daily, and credited to the account every three months from the opening date. A minimum $500 opening deposit is required.
For details on these products, please click on our easy-to-use Product Table which provides specifics at-a-glance!
To sign up for any of these products, or for more information, e-mail us at customerservice@cvcb.com or contact us at any of our convenient locations.
Enhance Your Savings Account Central Valley Community Bank offers several helpful and valuable services that can make your savings account more powerful, convenient and useful.
BankLine (24-Hour Phone Banking) Our telephone banking service
(1-800-298-1775) gives you access to your personal or business accounts 24-hours a day, using only a touch-tone phone.
Overdraft Protection Apply today to use your Regular Savings Account as Overdraft Protection on any personal Central Valley Community Bank Checking Account.
For details on these products, please click on our easy-to-use Product Table which provides specifics at-a-glance!
To sign up for any of these products, or for more information, e-mail us at customerservice@cvcb.com or contact us at any of our convenient locations.
