The Blue Grass Valley Bank
 
Monterey, VA ♦ (540) 468-1915
Blue Grass, VA ♦ (540) 474-2430
 
The Blue Grass Valley Bank
 

RATES


LOANS:

Loan rates vary according to the products and terms selected. Please contact a loan officer to discuss your financing needs and to get current rate information.


DEPOSITS:
We offer a variety of deposit products with competitive rates. For your convenience, our deposit rates are available in the chart below.

Account Product

Type

Minimum Opening

Deposit

Interest

Rate

Annual Percentage

Yield (APY)

182 Day Certificate of Deposit $2,500.00 0.30% 0.30%
12 Month Certificate of Deposit $1000.00 0.40% 0.40%
18 Month Certificate of Deposit $1,000.00 0.50% 0.50%
24 Month Certificate of Deposit $1,000.00 0.65% 0.65%
30 Month Certificate of Deposit $1,000.00 0.80% 0.80%
36 Month Certificate of Deposit $500.00 1.00% 1.00%
60 Month Certificate of Deposit $500.00 1.75% 1.76%
Savings Account $50.00 0.15% 0.15%
Money Market Account $2,500.00    
Daily Balances of:      
$500.00 to $2,499.99   0.15% 0.15%
$2,500.00 to $9,999.99   0.30% 0.30%
$10,000.00+   0.40% 0.40%
Christmas Club Account $1.00 0.50% 0.50%
Investors Checking $500.00    
Daily Balances of:      
$1,000.00 to $7,499.99   0.05% 0.05%
$7,500.00 to $14,999.99   0.10% 0.10%
$15,000.00+   0.15% 0.15%
Individual Retirement Account $100.00 1.15% 1.15%

 

These rates became effective as of September 18, 2017. 

Interest Rates and Annual Percentage Yields are subject to change without notice. 

A penalty may be imposed for early withdrawal of Certificates of Deposit. 

Fees may reduce earnings on interest bearing accounts.

Daily Balance. The amount of the principal in the account each day.

For further information about applicable fees and terms, please contact a Customer Service Representative.