Cedar Valley Bank & Trust

Checking Accounts

Regular Checking Account
For those of you that would like to receive your checks back in your statement.

Details...

$25.00 minimum opening deposit
$300.00 minimum balance required to avoid $3.00 monthly base charge (plus tax)
50 withdrawal items free per monthly statement cycle, $.20 per item in excess of 50. (ATM and SHAZAMChek Debit card withdrawals are not included in withdrawal count.)
First year annual ATM SHAZAMChek/Debit Card fee waived
No surcharge at Privileged Status ATMs
No Point of Sale or SHAZAMChek Debit charge
Return of cancelled checks and deposit slips in monthly statement (Safekeeping of cancelled checks available)
Free Telebanking services
(Please refer to Other Fees and Services)

Economy Checking Account
For the individual who does not want to worry about a minimum balance or per check charge fee and wants a low monthly service charge. (Monthly service charge waived for seniors over 65 years of age and full time students with parent or guardian on account).

Details...

First order of 50 checks free
$25.00 minimum opening deposit
No monthly minimum balance
Unlimited Check Writing
$2.00 monthly base charge (plus tax)
Safekeeping of cancelled checks
First year annual ATM SHAZAMChek/Debit Card fee waived
No surcharge at Privileged Status ATMs
No Point of Sale or SHAZAMChek Debit charge
Free Telebanking Services
(Please refer to Other Fees and Services)

($2.00 Monthly base charge waived for seniors over 65 years of age and full time students with parent or guardian on account.)

Cedar Valley Plus
Exclusively for people who want more than just a checking account. Cedar Valley Plus checking is designed to give account holders extra protection and added benefits. Benefits include a 24-Hour Accidental Death and Dismemberment Insurance Policy, personalized club checks and much more.

Details...

$25.00 minimum opening deposit
No monthly minimum balance
Unlimited check writing
$7.00 monthly base charge (plus tax)
FREE personalized club checks
FREE telebanking services
FREE child ID kit
FREE first aid emergency guide
No issuing charge for travelers checks or cashier's checks
Return of cancelled checks and deposit slips in monthly statement (safekeeping of cancelled checks available)
Discount Safe Deposit Box Rental
24-Hour Accidental Death and Dismemberment Coverage (you can double your coverage for $1 more per month, or you can protect your family for $2 more per month)
Credit Card Protection
Vision Discounts
Key ring registration
Home inventory protection list
First year annual ATM SHAZAMChek/Debit Card fee waived
No surcharge at Privileged Status ATMs
No Point of Sale or SHAZAMChek Debit charge
(Please refer to Other Fees and Services)

Cedar Valley Club
Exclusive benefits for people 55 or over who qualify with a required minimum balance in a savings account or certificate of deposit at Cedar Valley Bank & Trust. As a member you may enjoy the many benefits of the club including: personalized club checks, special travel opportunities, and more!

You may join by choosing one of the following methods:

* A balance of $1,000 in either a Variable Rate Savings Account, Money Market Deposit Account, or in a NOW Checking Account

* A $10,000 Certificate of Deposit

Details...

Benefits of this exclusive club (to qualify):

$100.00 minimum opening deposit
No monthly base charge
No monthly minimum balance
Unlimited check writing
FREE personalized club checks
FREE luncheons, parties and more
FREE lamination and single photocopies
FREE telebanking services
No issuing charge for travelers checks or cashier's checks
Return of cancelled checks and deposit slips in monthly statement (Safekeeping of cancelled checks available)
Special vacation and travel opportunities
Discount Safe Deposit Box Rental
New member referral bonus
Club newsletter
First year annual ATM SHAZAMChek/Debit Card fee waived
No surcharge at Privileged Status ATMs
No Point of Sale or SHAZAMChek Debit charge
Must be 55 years or older
(Please refer to Other Fees and Services)

Now Account
Earn interest on your checking account! For Current Interest Rate and Annual Percentage Yield, please contact one of our locations.

Details...

$1,000 minimum opening deposit
$1,000 minimum balance to avoid a $5.00 monthly base charge (plus tax)
$1,000 average minimum balance to earn interest at the stated annual percentage yield
No per check charge, unlimited check writing
Return of cancelled checks and deposit slips in monthly statement (Safekeeping of cancelled checks available)
First year annual ATM SHAZAMCheck/Debit Card fee waived
No surcharge at Privileged Status ATMs
No Point of Sale or SHAZAMChek /Debit charge
Interest will compound and credit to your account monthly
At our discretion we may change the interest rate on your account daily.
Interest begins to accrue on the business day you deposit noncash items (for example, checks)
We use the average daily balance method to calculate interest. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principle in the account for each day of the period and dividing that figure by the number of days in the period.
Free Telephone Banking
(Please refer to the Other Fees and Services)

Customer Accounting Checking Account
Leave your record-keeping up to us! Year-end reports make your tax record keeping a breeze.

Details...

$100.00 minimum opening deposit
Unlimited check writing
Personalized account codes
Monthly Profit and Loss Statement
Monthly Transaction by Accounts
Yearly Profit and Loss Statement
Yearly Transactions by Account
And your own personal banker
First year annual ATM SHAZAMChek/Debit card fee waived
No surcharge at Privileged Status ATMs
No Point of Sale or SHAZAMChek/Debit charge
Return of cancelled checks and deposit slips in monthly statement (Safekeeping of cancelled checks available)
Free Telebanking services
$27.50 monthly base charge (plus tax)
(Please refer to Other Fees and Services)