Save Money for your Financial Goals with a Savings Account or CD
There’s a savings account just right for you at Raccoon Valley Bank. Right for young and older savers. Right for your short- and long-term goals. Right for your dreams. Compare the features of our popular savings accounts below to find the one that’s just right for you.
Savings Accounts at Raccoon Valley Bank
Savings Accounts| Account name |
|---|
| Opening deposit |
|---|
| Junior Savers | $25 |
| Regular Savings | $100 |
| Insured Money Market Account | $2,500 |
| Minimum required balance to avoid service fee |
|---|
| Junior Savers | None |
| Regular Savings | $100 |
| Insured Money Market Account | $2,500 |
| Monthly fees |
|---|
| Junior Savers | 3 free withdrawals/debits per service charge cycle $2 per withdrawal/debit over 3 withdrawals/debits per service change cycle |
| Regular Savings | $5 per service charge cycle if balance falls below $100 3 free withdrawals/debits per service charge cycle $2 per withdrawal/debit over 3 withdrawals/debits per service charge cycle |
| Insured Money Market Account | $10 per service charge cycle if balance falls below $2,500 6 free withdrawals/debits per service charge cycle $10 per withdrawal/debit over 6 withdrawals/debits per service charge cycle |
| Interest paid |
|---|
| Junior Savers | Compound on collected balance |
| Regular Savings | Compound on collected balance |
| Insured Money Market Account | Tiered interest rate on collected balance |
| ATM card |
|---|
| Junior Savers | n/a |
| Regular Savings | Available $10.70 annual fee1,2 |
| Insured Money Market Account | n/a |
| Online services |
|---|
| Junior Savers | Online banking available Mobile banking available |
| Regular Savings | Online banking available Mobile banking available |
| Insured Money Market Account | Online banking available Mobile banking available |
| Additional features |
|---|
| Junior Savers | eStatements available |
| Regular Savings | eStatements available |
| Insured Money Market Account | eStatements available |
Savings Accounts| Account name | Junior Savers | Regular Savings | Insured Money Market Account |
|---|
| Opening deposit | $25 | $100 | $2,500 |
| Minimum required balance to avoid service fee | None | $100 | $2,500 |
| Monthly fees | 3 free withdrawals/debits per service charge cycle $2 per withdrawal/debit over 3 withdrawals/debits per service change cycle | $5 per service charge cycle if balance falls below $100 3 free withdrawals/debits per service charge cycle $2 per withdrawal/debit over 3 withdrawals/debits per service charge cycle | $10 per service charge cycle if balance falls below $2,500 6 free withdrawals/debits per service charge cycle $10 per withdrawal/debit over 6 withdrawals/debits per service charge cycle |
| Interest paid | Compound on collected balance | Compound on collected balance | Tiered interest rate on collected balance |
| ATM card | n/a | Available $10.70 annual fee1,2 | n/a |
| Online services | Online banking available Mobile banking available | Online banking available Mobile banking available | Online banking available Mobile banking available |
| Additional features | eStatements available | eStatements available | eStatements available |
1Subject to credit approval; 2State and local sales tax included
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*Annual Percentage Yield. The stated APY is accurate as of 02/04/25. Minimum deposit to open CD is $1,000. Penalty for early withdrawal. Certain restrictions may apply. **Annual Percentage Yield. The stated APY is accurate as of 02/04/25. Minimum deposit to open CDs is $10,000. Penalty for early withdrawal. Certain restrictions may apply.
CERTIFICATES OF DEPOSIT (CDS)
A safe and secure option for growing your money, CDs at Raccoon Valley Bank come in a variety of terms from six months to five years. With the peace of mind of FDIC protection and competitive interest rates, Raccoon Valley Bank CDs are a great way to increase your wealth over time no matter if you are a young adult just starting out, managing a family’s finances or making a final push toward or already in retirement.
*CDs are subject to penalty for early withdrawal.
