Skip to main content Go to Online Banking

The bank will be closed Monday, May 27, 2019 in observance of Memorial Day. We hope you have a safe and enjoyable holiday.

Savings

Taking care of tomorrow

Whether you have a little to set aside or a lot, we have the savings account for you:

 

Comparison table of personal savings accounts.
  Regular Savings Account Money Market Account Certificate of Deposit Christmas Club Account
Minimum opening balance $50.00 $2,500.00

$500.00 – $2,500.00 (depending on the term)

$1.00
Minimum monthly balance Maintain at least $50.00 to avoid a minimum balance fee

Maintain at least $1,500.00 to avoid a minimum balance fee; maintain at least $2,500.00 to obtain the disclosed annual percentage yield

Same as minimum opening balance $1.00
Fees No fee for the first six withdrawals each month; $1.00 fee per withdrawal thereafter; $5.00 will be imposed every month if the balance falls below $50.00 any day of the month

$5.00 fee per withdrawal after the first six each month; $10.00 will be imposed every month if the balance falls below $1,500.00 any day of the month

Penalties are imposed on early withdrawals None
Interest Compounded and credited to the account quarterly Compounded and credited to the account monthly Compounded and credited semi-annually Compounded and credited to the account annually
Details Learn more about Regular Savings Learn more about Money Market Accounts Learn more about Certificates of Deposit Learn more about Christmas Club Accounts

Individual Retirement Accounts

We also offer Traditional and Roth IRAs.

Retirement accounts

FAQ

How do I open an account?

Please visit one of our offices, and a customer service representative will be happy to assist you!

What do I need to open an account?

To open an account at The Blue Grass Valley Bank, we require at least one form of valid identification (for example, state- or government-issued identification card or Social Security card) and the required minimum deposit for the account you are opening.

What is the cutoff time for deposits?

Any transactions made before 4:00 p.m. will be processed the same business day. Transactions made after 4:00 p.m. will be processed the following business day.

Are my deposits FDIC insured? If so, by how much are they insured?

Yes! All deposits are FDIC insured up to the maximum amount allowed by law, which is currently $250,000.00 USD per depositor, subject to aggregation rules.

Top
Some content requires Adobe Acrobat Reader to view.