family lying on the floor
Tomorrow Is Worth Planning For

You work hard for your money, and we work hard to protect it with a full selection of strong, secure savings plans. Switch your banking and get the service you deserve.

Download our helpful SwitchKit (PDF 632 KB) today!

Please scroll left to view the rest of the table.
Features Regular Savings Minor Savings California Uniform Transfers To Minors Act (CUTMA Savings) Health Savings Accounts
Learn More Here Learn More Here Learn More Here Learn More Here
Description
For customers who need flexible access to account funds   

New accounts will not incur a service charge in the first 90 days
For customers under age 19 with a parent or guardian as joint accountholder
For custodians holding funds solely for the benefit of a minor as owner of the account

The custodian has access to the funds until released as specified by custodian 

A savings account that individuals with high deductible health insurance policies can fund and use to pay for medical expenses (2)

Health Savings Account Frequently Asked Questions
Minimum Opening Deposit $50
$25
$25 $100
($20 one time account set-up fee)

Monthly Service Charge $4
None (3) $4 (3) $3
Minimum Balance to Waive Service Charge $300 Daily Balance None
$300 Daily Balance $1,000 Daily Balance
Interest Earning Yes
(If the account is closed prior to the interest payment period, interest will not be received)

Yes
(If the account is closed prior to the interest payment period, interest will not be received)
Yes
(If the account is closed prior to the interest payment period, interest will not be received)

No interest earned on days the balance falls below $500 

Interest is accrued daily and paid monthly at current market rate 

If the account is closed prior to the interest payment period, interest will not be received 

Transaction Limits

None

None

CUTMA Savings accounts are not eligible for ATM or Visa® Debit Card access

Please see a New Accounts Representative with questions   

Benefits

Flexible access to account funds   

Free eStatements (1) 

Free Online Banking 

Flexible access to account funds   

Free eStatements (1)

Free Online Banking

Please see a New Accounts Representative for more details

Free Online Banking 

Unlimited check writing and debit card usage   

Monthly statements  

Free Personal Online Banking  

Flexible access to account funds  

Tiered rates for higher balances  

Free Online Banking

(1) eStatements require a valid email address and enrollment.

(2) You should consult your tax advisor regarding the tax benefits of contributing to a Health Savings Account. 

(3) Once minor reaches 19 years of age a $4 monthly service charge will be imposed, regardless of daily balance.

Please note: This information is accurate as of February 1 ,2021. Refer to "Understanding Your Deposit Accounts" for terms and conditions and account disclosures. 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.