Checking Accounts
- Money Market Checking Account
The Money Market Checking Account is designed for depositors who are willing to deposit larger sums of money in order to obtain higher annual percentage yields. The account has different tiers of interest rates based on a daily balance and has a higher minimum balance requirement than a regular checking account or NOW account.
- High Yield Money Market Checking Account
The High Yield Money Market Checking Account is designed for depositors who are willing to deposit larger sums of money in order to obtain higher annual percentage yields. The account has different tiers of interest rates that may be above the rate of our regular Money Market Checking Account.
- NOW Account
The Negotiable Order of Withdrawal Account ("NOW") is designed for depositors who wish to earn interest on their transaction account. The account accrues interest daily and has a higher minimum balance requirement than a regular checking account.
- Super NOW Account
The Super Negotiable Order of Withdrawal Account ("SUPER NOW") is designed for depositors who wish to earn interest on their transaction account. The account accrues interest daily, offers a tiered interest rate based on a daily balance, and has a higher minimum balance requirement than a regular checking account or NOW account.
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Savings Accounts
- Statement Savings Account
This savings account is designed for customers who desire a monthly statement of their account activity and for those who conduct electronic transfer transactions with the account. This account receives a monthly statement that itemizes all account activity since the last statement cycle date. You are responsible for entering all transactions into your blue account register including monthly interest and fees and reconciling it to your monthly statement. Electronic transfers include, but are not limited to, direct deposit of Social Security benefits or payroll, automatic funds withdrawals of insurance premiums, or any ATM activity. Our policy for accepting electronic funds transfers is shown in our Electronic Funds Transfer Disclosure Statement.
- Vacation Club Account
The Vacation Club Account is designed for depositors who wish to make regular deposits into an account and receive a payment in time for vacation use. The account accrues interest based upon the balance in the account each day. Your payment upon maturity will be by check unless you request that the entire payment be deposited to another account at Spring Valley City Bank.
- Christmas Club Account
The Christmas Club Account is designed for depositors who wish to make regular deposits into an account and receive a payment in time for the holiday season. The account offers an initial premium upon opening and accrues interest based upon the balance in the account each day. Your payment upon maturity will be by check unless you request that the entire payment be deposited to another account at Spring Valley City Bank.
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Certificates of Deposit
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Loans
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Additional Disclosures:
Funds Availability Disclosure
Electronic Funds Transfer Disclosure
Internet Banking Terms and Conditions
E-Statement E-Notice
Mobile Banking Terms and Conditions
Bill Payment Agreement
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