Checking Accounts

Basic checking account with all the standard benefits.

• Minimum opening deposit $50.00.
• Pay no monthly service fee when you receive eStatements.
• Non-Village Bank, A Division of TowneBank, ATM fees assessed.

Village Interest Checking combines all the standard benefits with an opportunity to earn a competitive interest rate.

• Minimum opening deposit $50.00.
• Interest compounded daily and paid monthly on collected balances.
• First month’s service fee is waived.
• Tiered interest rates.
• Two (2) non-Village Bank, A Division of TowneBank, ATM fees refunded per statement cycle (applies to domestic withdrawals only).

Pay no monthly service fee when any of the following is maintained:

• $750 daily balance, or
• Combined balance of $5,000 in any other Village checking, savings, money market, CD, IRA or
• $7,500 outstanding balance in any consumer loan(s).

• Minimum opening deposit $50.00.
• Interest compounded daily and paid monthly on collected balances.
• Tiered interest rate.
• Four (4) non-Village Bank, A Division of TowneBank, ATM fees refunded per statement cycle (applies to domestic withdrawals only).
• No monthly service fees.

Earn maximum posted interest rate and APY when all of the following occur:

• Sign up and receive eStatements, and
• Initiate 10 point of sale debits per statement cycle, and
• One direct deposit or ACH debit per statement cycle, and
• Account balance does not exceed the threshold limit, otherwise, the maximum stated interest rate and APY will be reduced.

The premier checking account for the customer who wants a high-yield account.

• Minimum opening deposit $50.00.
• Interest compounded daily and paid monthly on collected balances.
• First month’s service fee is waived.
• Tiered interest rate.
• Village Bank standard checks.
• Five (5) non-Village Bank, A Division of TowneBank, ATM fees refunded per statement cycle (applies to domestic withdrawals only).
• No fee for cashier’s checks.

Pay no monthly service fee when any of the following is maintained:

• $2,500 daily balance, or
• Combined balance of $20,000 in any other Village checking, savings, money market account, certificate of deposit, IRA or
• $30,000 outstanding balance in any consumer loan(s).

An interest bearing account for those age 50 and older.

• Minimum opening deposit $50.00.
• Interest compounded daily and paid monthly on collected balances.
• First month’s service fee is waived.
• Tiered interest rates.
• Two (2) non-Village Bank, A Division of TowneBank, ATM fees refunded per statement cycle (applies to domestic withdrawals only).
• No fee for cashier’s checks.
• No monthly service fee if the minimum daily balance requirement of $500 is met.