| Minor Savings | Holiday Club | Time Certificates of Deposit (TCD) |
More Personal Savings Options | |
|---|---|---|---|---|
| Description: | For customers under age 18 Earn Interest on any balance |
Designed to help customers get a head start on holiday shopping (Automatic deductions are made monthly from your checking account beginning January of each year) | Standard TCD offers fixed terms and rates from 90 days to 5 years Jumbo TCD offers fixed terms and rates from 30 days to 5 years |
Regular Savings Designed for customers who need flexible access to account funds with minimal service charges |
| Opening Balance: | $25 | $25 (minimum monthly deduction) |
Standard: $2,000 Jumbo: $100,000 |
Standard & Premium Money Market Accounts For customers who want to earn a higher interest rate while still having immediate access to investment dollars |
| Minimum Balance To Avoid Service Charge: |
None | None | None | Personal Health Savings Accounts A checking account for individuals with high-deductible health insurance policies can fund and use to pay for medical expenses. |
| Monthly Service Charge: (If minimum balance not maintained) |
None | None | None | |
| Interest: | If account is closed prior to interest payment period, you will not receive the accrued interest Interest accrues at current market rate Interest is compounded daily and credited to the account quarterly |
If account is closed prior to maturity, you will not receive the accrued interest Interest accrues daily and is paid at maturity |
Interest rates vary according to length of account term Interest can be added to principal, quarterly, annually or at maturity |
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| Transaction Limits: | Transfers from a Minor Trustee Savings account to another account or to third parties by preauthorized, automatic, telephone, computer transfer, debit card or similar order are limited to six each four week period (statement cycle) An excess debit fee of $2.00 will be charged for each debit transaction (withdrawal, automatic transfer or payment out of this account) in excess of three each four week period (statement cycle) |
Account matures in November and is automatically deposited into your designated checking account
Withdrawals are not allowed No automatic deductions in November and December |
Early withdrawal penalties apply.* Ask for details |
|
| Benefits: | Flexible access to account funds Account earns interest at current market rate |
Allows you to automatically save each month for holiday shopping or for a specified purpose | Offers a fixed rate of interest on funds deposited Automatically renewable for a like period, at the current market rates in effect at the time of renewal. |
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* Federal regulations may require a substantial penalty for early withdrawal of funds from a time deposit.
Please Note: This information is accurate as of May 2010. Central Valley Community Bank
reserves the right to make changes at any time as a result of a change of policy, law, and
regulation or otherwise.
Learn about other Central Valley Community Bank accounts
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| Personal Online Banking Access your accounts 24/7  Learn More |
Identity Theft Learn how to protect yourself from becoming a victim Learn More |
CDARS® Up to $50 Million in FDIC Insurance Learn More |
