Savings/Money Market Accounts
It pays to save. Whether it's your first account or you are looking for the safety and return of a high yield money market account for your nest egg Elkhorn Valley Bank has an account that is right for you.
|Passbook Savings Account||Little Eagles Club Savings Account||Money Market Account|
|Minimum Balance Requirment||$100.00 Minimum Daily Balance*||$25.00 Minimum Daily Balance*||$2,500.00 Minimum Daily Balance*|
|Service Charges||No Quarterly Service Charge with Required Balances or $5.00 per Quarterly Statement Cycle||No Quarterly Service Charge with Required Balances or $2.00 per Quarterly Statement Cycle||No Monthly Service Charge with Required Balances or $5.00 per Monthly Statement Cycle|
|Transaction Fee||$1.00 for each debit in excess of 6 during a calendar quarter**||$1.00 for each debit in excess of 6 during a calendar quarter**||None|
|Pays Interest||Yes - Quarterly||Yes - Quarterly||Yes - Monthly|
*Or, there will be no monthly service charge if you maintain a minimum daily balance of $5,000.00, calculated by combining the full amount of principal in each of your Savings, Time Certificates, Money Market, and other Checking Accounts each day
**A debit is any transaction that removes funds from your account, such as transfers between accounts, withdrawals (including ATM), automatic payments, etc.
***A foreign (non-EVB ATMs) ATM service charge of $1.00 will be charged for each foreign transaction in excess of 4 per statement cycle.
††The daily balance is the full amount of the principal in the account each day of the statement cycle.
†††Withdrawals or transfers made in person, by messenger, by mail, or through an ATM and transfers that are made to pay loans and associated expenses at the same institution are not included in the limit of 6 debits.
We reserve the right at any time to require not less than 7 day's notice in writing before each withdrawal from any interest-bearing account other than a time deposit, or from any other savings account as defined by Regulation D. Fees could reduce the earnings of the account.