Savings Accounts
Share Account
Establishes credit union membership
Minimum balance of $5.00
Dividends earned daily and compounded/posted monthly
Christmas Club Accounts
Designed for holiday savings
Convenience of saving for holiday expenditures through payroll deduction, deposits by mail, or in person
Dividends are earned on accounts with an average daily balance of $5.00 or more
Dividends are compounded and posted quarterly
Disbursements checks are issued after the third quarter dividend posting
No penalty for early withdrawal
Accounts may be re-opened after October 1 of the year in which they were closed
Individual Retirement Accounts
Regular IRA and Roth IRA Share Accounts
Higher one-year, two-year, three-year, and five-year IRA Share Certificates are available
Minimum deposit of $500.00
Defer taxes on IRA dividends
May be eligible for a tax deduction on IRA contributions
Penalties are charged for withdrawals before age 59 ½
Money Market
Offers the best of both Savings Accounts and fixed-term investments by paying the high interest rates of fixed-term investments
$5,000.00 to open
Dividends are calculated based on the average daily balance and are credited quarterly
Simply transfer the desired amount to your credit union Share or Share Draft/Checking Account to withdraw as you need it
Share Certificate Account
Certificate Accounts are offered for members who are looking for a higher rate of return on their investments
6-month, one-year, two-year, three-year, and five-year certificates are available
New certificates are adjusted weekly
Dividends on certificates are credited monthly to either the members Share Account or to the Certificate Account
Minimum deposit of $1,000.00 is required to purchase a certificate
Member Testimonial
“For years people used to tell me you should check out a credit union for your money and I never understood why until I tried it. If you are tired of being treated poorly by the big banks and companies the credit unions are the way to go. The people in the branch are always friendly and over time really build a relationship with you as a customer and a person. They don't have thousands upon thousands of people to deal with so they put more attention into the customers they do have. The money I have gets very competitive interest compared to larger banks. The negative side about Valley is the ease of getting money if you need it or if you travel. Yes you can get it out but at a lot of ATMs you will run into a fee and there are no branches elsewhere. So I choose to keep savings that I know I don't need to touch normally with the credit union. I would also not hesitated to go with a loan with them if needed.”
- Stephen S.