Rates

Rates effective May 24th, 2013 | Print

Checking

AccountMinimum Deposit To Open AccountMinimum Balance To Obtain APYInterest RateAPY
VCB Community $25.00$1500.000.10%0.10%
VCB Premium $100.00$1.000.10%0.10%
Business Non-Profit$100.00$2,500.000.10%0.10%
$20,000.000.15%0.15%
  • Annual percentage yield (APY) assumes daily compounding of interest and funds remaining on deposit for one full year.
  • The interest rate and annual percentage yield may change.
  • At our discretion, we may change the interest rate on the account daily.

Investment

AccountMinimum Deposit To Open AccountMinimum Balance To Obtain APYInterest RateAPY
Golden Oak Money Fund$2,500.00$2,500.000.10%0.10%
$2,500.00$20,000.000.15%0.15%
Savings Maximizer$100.00$300.000.10%0.10%
Business Savings$100.00$300.000.10%0.10%
  • Annual percentage yield (APY) assumes daily compounding of interest and funds remaining on deposit for one full year.
  • The interest rate and annual percentage yield may change.
  • At our discretion, we may change the interest rate on the account daily.

Certificates of Deposit Minimum Opening Deposit $2,500

$2,500-$24,999$25,000-$49,999$50,000-$99,999$100,000+
TermRateAPYRateAPYRateAPYRateAPY
1 Month0.15%0.15%0.15%0.15%0.15%0.15%0.20%0.20%
3 Month0.20%0.20%0.20%0.20%0.20%0.20%0.25%0.25%
6 Month0.25%0.25%0.25%0.25%0.25%0.25%0.30%0.30%
9 Month0.30%0.30%0.30%0.30%0.30%0.30%0.35%0.35%
1 Year0.40%0.40%0.40%0.40%0.40%0.40%0.50%0.50%
18 Month0.40%0.40%0.40%0.40%0.40%0.40%0.50%0.50%
2 Year0.60%0.60%0.60%0.60%0.60%0.60%0.70%0.70%
3 Year0.70%0.70%0.70%0.70%0.70%0.70%0.80%0.80%
4 Year0.80%0.80%0.80%0.80%0.80%0.80%0.90%0.90%
5 Year1.00%1.01%1.00%1.01%1.00%1.01%1.10%1.11%
  • The interest rate and annual percentage yield will not change for the term of the account.
  • Annual percentage yield (APY) assumes daily compounding of interest and funds remaining on deposit for one full year.
  • Penalty for early withdrawal. Withdrawals could reduce the earnings of the account.

Individual Retirement AccountsMinimum Opening Deposit $100

$100 - $24,999$25,000 - $49,999$50,000 - $99,999$100,000+
TermRateAPYRateAPYRateAPYRateAPY
1 Year0.40%0.40%0.40%0.40%0.40%0.40%0.40%0.40%
18 Months0.40%0.40%0.40%0.40%0.40%0.40%0.40%0.40%
2 Year0.60%0.60%0.60%0.60%0.60%0.60%0.60%0.60%
3 Year0.70%0.70%0.70%0.70%0.70%0.70%0.70%0.70%
  • Annual percentage yield (APY) assumes daily compounding of interest and funds remaining on deposit for one full year.
  • Substantial penalty for early withdrawal. Fees and withdrawals could reduce the earnings on the account.