Providing both security and solid returns, our savings and investment accounts offer an ideal place to store your funds as you build for your future. Transaction Limitations: Federal banking regulations limit you to six pre-authorized, telephone or on-line transfers to your other Yadkin Valley Bank Accounts or to third parties. The limitation applies per month. If you routinely exceed these limitations, the Bank may close the account or convert it to a checking account. Transaction limitations apply regardless of balance.
We've provided many helpful calculators to aid in your savings. These include
For individuals wanting both a higher rate of return and ready access to their money, a money market account is an ideal option. Tailored for depositors with larger balances, this tiered-interest account earns our highest money market rates. This account requires a minimum opening deposit of $15,000. If the minimum daily balance falls below $15,000, there is a monthly fee of $25. There is a $7 excessive withdrawal fee for each withdrawal in excess of six per month.
Enjoy highly competitive, tiered interest rates along with the convenience of a checking account. This account requires a minimum opening deposit of $2,500. If the minimum daily balance falls below $2,500, there is a monthly fee of $25. There is a $7 excessive withdrawal fee for each withdrawal in excess of six per month.
At Yadkin Valley Bank, we’ve made it easy to save by offering a savings account that requires an opening deposit of only $100. You’ll be pleasantly surprised at how quickly your money grows in this tiered-interest account. If the minimum daily balance in this account falls below $300, there is a monthly fee of $5. A $1.50 excessive withdrawal fee will be charged per withdrawal for more than three savings withdrawals per month.
Why worry about minimum balance requirements? Simply schedule an electronic transfer of at least $25 per month from your Yadkin Valley Bank checking account into your WISE Savings account, and we’ll waive the minimum balance requirements and monthly service fee. This disciplined approach to saving only requires a $25 opening deposit. A $1.50 excessive withdrawal fee will be charged per withdrawal for more than three savings withdrawals per month.
Teach your child the importance of saving with our KidsKash Savings Account. Whether depositing birthday cash, saving for their first car, or planning for college tuition, this is the account for anyone under the age of 18 looking to save. This account can be opened with as little as $25. A $1.50 excessive withdrawal fee will be charged per withdrawal for more than three savings withdrawals per month.
Health Savings Accounts (HSAs) allow you to set aside pre-tax income to pay for qualified health expenses. These accounts were created for individuals and families with high-deductible health plans bought on their own or provided through an employer.
You can use your account to fund a variety of health-related expenses including:
To learn more about this option or to find out if you qualify for this special medical savings plan, please contact one of our offices. Please consult your tax advisor or accountant regarding any tax-related decisions.