Savings
Our business Savings products are designed to help you reach your goals. All savings and money market accounts are interest bearing with an interest rate and annual percentage yield (APY) based on your daily balances. If you have questions about rates or product features, please contact our Customer Care Team or visit your nearest MVB branch.
Business Savings
Earn interest on your excess liquidity.
- Maintain a minimum daily balance of $500 and avoid a $15 service fee
- Interest compounded and credited quarterly
- Online banking and eStatements included1
Business Money Market
Tiered rates to maximize your savings.
- Maintain a minimum daily balance of $2,500 and avoid a $15 monthly service fee
- Annual percentage yield (APY) is based on your daily account balance
- Unlimited deposits and 6 electronic withdrawals included per statement cycle2
- Online banking and eStatements included1
Business Certificate of Deposit (CD)
Set aside savings for the future and earn a higher interest rate.
- Minimum account balance of $1,000
- Annual percentage yield (APY) is based on your daily account balance
- Multiple account terms are available, starting at 91 days up to 60 months
- Interest can be directly deposited to an MVB checking or savings account, or you can have the interest compounded
Contact your local MVB branch for pricing details. Additional fees may apply.
1 Online banking includes free eStatements, or choose paper statements for $2 per statement cycle.
2 Checks and electronic withdrawals or transfers count towards the per statement cycle money market transaction limit. Transactions in excess are subject to a $20 per item charge. Transactions initiated at a MVB ATM or by a bank associate are unlimited, including in person and by phone.