Savings
Our 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.
Personal Savings
Start earning interest with a low minimum balance requirement.
- Interest compounded and credited quarterly
- Maintain a minimum daily balance of $100 and avoid a $15 service fee
- Online banking and eStatements included1
Youth Savings
A savings account for those under 21 years of age.
- No minimum daily balance or service fee
- Interest compounded and credited quarterly
- Online banking and eStatements included
Personal Money Market
Save long term and enjoy a high earning interest rate.
- Annual percentage yield (APY) based on your daily account balance
- Maintain a minimum daily balance of $1,000 and avoid a $15 monthly service fee
- Unlimited deposits and 6 electronic withdrawals included per statement cycle2
- Online banking and eStatements included1
Holiday Club
Plan for holiday spending by saving money now.
- Annual percentage yield (APY) based on your daily account balance
- Minimum opening deposit of $25
- Automatic Funds Transfer into account at no charge
Vacation Club
Plan ahead for your next vacation.
- Annual percentage yield (APY) based on your daily account balance
- Minimum opening deposit of $25
- Automatic Funds Transfer into account at no charge
Personal Certificate of Deposit (CD)
Set aside savings for the future and enjoy an even higher earning interest rate.
- Minimum account balance of $1,000
- Annual percentage yield (APY) 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
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.
Contact your local MVB branch for pricing details. Additional fees may apply.