Indexed Rate Formula: The tiered
Annual Percentage Yield (A.P.Y.) for each tier is a stated
percentage of the 30 Day Rolling Average of the Three Month
LIBOR, adjusted weekly (The Average). The Three Month LIBOR
(London Interbank Offered Rates) can be found in the Money
Rates section of the Wall Street Journal. This is a variable
rate account. Rates and conditions subject to change without
notice.
Account
Features and Benefits
Available for business and personal accounts
$5,000.00 minimum to open
Must be a new or existing Valley Savings Bank checking account
customer
Interest compounded monthly
Monthly service fee waived
Inactivity fee waived
Monthly statement
Check access available
FREE24-hour telephone access
Internet banking access through Valley Online
Up to six electronic, pre-authorized or telephone transfers per
month, of which no more than three may be by check
Unlimited withdrawals or deposits in person or by mail
All conditions and limitations of a money market account apply
