Personal Savings
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 to Central Valley Community Bank and get the service you deserve.
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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
|
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
New accounts will not incur a service charge in the first 90 days
|
None
$4 (once minor reaches 19 years of age)
|
$4
(once minor reaches 19 years of age, regardless of daily balance)
|
$3 |
Minimum Balance to Waive Service Charge |
$300 Daily Balance |
None
|
$300 Daily Balance |
$1,000 Daily Balance |
Interest Earning |
Yes (3)
|
Yes (3)
|
Yes (3)
|
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 eligible for ATM access only |
Please see a New Accounts Representative with questions
Contributions (2)
|
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.
(2) You should consult your tax advisor regarding the tax benefits of contributing to a Health Savings Account. To ensure your contribution is credited to the appropriate taxable year, we recommend contributions be made in cash or its equivalent at a Banking Center near you.
(3) Refer to rate sheet for current information. See Banking Center for details.
Please note: This information is accurate as of December 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.