Savings Accounts & CDs
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
| 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 | |||
| Additional features | eStatements available | eStatements available | eStatements available |
1Subject to credit approval; 2State and local sales tax included
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.
Get Started with a Savings Account from Raccoon Valley Bank Today!
Contact or come by Raccoon Valley Bank today at any of our offices in Perry, Adel, Dallas Center, or Minburn to experience a true community bank.
Contact Us