|
Village Investment Account
Our Village Investment Account is the perfect answer to boost your earnings while you have instant availability to your funds. You'll enjoy unlimited checkwriting, unlimited transfers, unlimited ATM & debit card transactions and online banking … without any management fees or monthly maintenance fees.
Certificates of Deposit
Investing doesn't have to be risky business. Placing your money into a Certificate of Deposit (CD) from The Village Bank is a sure thing. Earn guaranteed rates of interest on a variety of set terms.
Passbook Savings
There is nothing better than the satisfaction of watching your money grow in a traditional passbook account. The account does not have any monthly maintenance fees and earns interest on as little as $20, so your money is sure to build!
Statement Savings
Our statement savings account allows you to access your account 24-hours a day using your Debit MasterCard® or ATM card; transfer money between accounts; and combine your checking and statement savings activities onto one, easy-to-read statement. Plus, there is no monthly maintenance fee!
Evergreen Money Market Account
This is a tiered-rate account that allows you to automatically earn more money based on your account balance. Unlike other money market accounts, there are no limitations to the amount you may deposit, nor do you need another account to qualify.
Click here to see our latest rates.
IRAs
Save for retirement with one of The Village Bank’s Individual Retirement Accounts.
Traditional IRAs
Anyone under the age of 70 1/2 with earned income may make a contribution to a traditional IRA. A person with earned income who is not covered by an employer-sponsored retirement plan may deduct IRA contributions regardless of his or her income.
Roth IRAs
Although contributions to a Roth IRA are not tax deductible, there are definite tax-related advantages. Funds can be withdrawn after the age 59 1/2 tax- and penalty-free provided the account has been open for at least five years.
Deposit Insurance
The Village Bank insures all deposits in full through a combination of FDIC insurance and the Share Insurance Fund (SIF).
The standard FDIC insurance amount of $250,000 per depositor is in effect through December 31, 2013.
On January 1, 2014, the standard FDIC insurance amount will return to $100,000 per depositor for all account categories except IRAs and other certain retirement accounts, which will remain at $250,000 per depositor.
Convenience Services
Free Debit Card
You can use our Debit MasterCard® to make withdrawals from your statement savings account. Plus, you’ll get free ATM transactions wherever and whenever you want at our ATMs, and at NYCE® and CIRRUS® network ATMs worldwide.
Use ATMs … Without Surcharges
Just look for the SUMSM logo throughout the Northeast or the Presto® logo at Publix Super Markets throughout the Southeast. Other owners of ATMs may impose a surcharge.
The Village Line
(617) 630-1780
Access account information by phone, around the clock! Click here for more information.
Access your Accounts Online!
With Village Online Banking you can view your accounts, transfer funds, and pay bills online – from home, work, or on the road, at your convenience! Click here for more information.
You Have a Friend in the Village!
For more information on our services, please complete our information request form, or call our Customer Care Center at (617) 969-4300.
|
