Community Banking that keeps your interests in mind

The Smith Family - Moo Thru

Deposit Accounts

VNB offers checking and savings accounts for every age, stage, and budget. Our Basic Checking and Money Market savings accounts feature small opening-deposit requirements with limited withdrawals, while our more robust Commonwealth and Phoenix accounts provide more flexibility with larger balances. We even offer a Funds Management CD for ultimate flexibility.

Checking Accounts

Account Learn More Opening Deposit Minimum Balance Maintenance Fee Check Writing and Withdrawals Interest Earned
Cardinal Checking More $100.00 None No Unlimited No

CARDINAL CHECKING

  • Minimum opening deposit of $100
  • Unlimited check writing and withdrawals
  • No monthly minimum balance
  • No maintenance fee
Commonwealth Account More $100.00 $2,500.00 Yes if balance under minimum Unlimited Yes

COMMONWEALTH ACCOUNT

  • Minimum opening deposit of $100
  • Unlimited check writing and withdrawals
  • $2,500 minimum balance or $25,000 in a combination of deposit and loan accounts with common ownership to avoid monthly maintenance fee of $20
  • Market interest rate earned on all balances
  • Interest paid monthly
  • No charge for select wallet-size checks
  • No charge to purchase official checks
  • No charge for use of a small safe deposit box (3x5) or an equal credit toward a larger box
The Virginian
(60 years of age and older)		 More $25.00 $500.00 Yes if balance under minimum Unlimited Yes

THE VIRGINIAN

  • 60 years of age and older
  • Minimum opening deposit of $25
  • Unlimited check writing and withdrawals
  • $500 minimum balance to avoid monthly maintenance fee of $5 per month
  • Market interest rate earned on all balances greater than $1,000
  • Interest paid monthly
  • No charge for first order of select wallet-size checks
Health Savings Account More $50.00 None No Unlimited Yes

HEALTH SAVINGS ACCOUNT

  • Minimum opening deposit of $50
  • For use in conjunction with High-Deductible Health Plans
  • Unlimited check writing and withdrawals
  • No monthly minimum balance
  • No monthly maintenance fee
  • Market interest rate earned on all balances
  • Interest paid monthly
  • Subject to HSA rules and regulations

Savings Accounts

Account Learn More Opening Deposit Minimum Balance Maintenance Fee Check Writing and Withdrawals Interest Earned
Personal Savings More $100.00 None No 6 withdrawals per month Yes

PERSONAL SAVINGS

  • Minimum opening deposit of $100
  • Limit of 6 check withdrawal items per month, $10 each if over 6
  • No monthly minimum balance
  • No monthly maintenance fee
  • Market interest rate earned on all balances greater than $100
  • Interest paid monthly
Dogwood Savings More $10.00 None No 6 withdrawals per month Yes

DOGWOOD SAVINGS

  • Minimum opening deposit of $10
  • Minor account - for clients under 18 years of age
  • Limit of 6 withdrawal items per month, $10 each if over 6
  • No monthly minimum balance
  • No monthly maintenance fee
  • Market interest rate earned on all balances greater than $10
  • Interest rate may change
  • Fees may reduce earnings
Money Market Account More $100.00 $1,000.00 Yes if balance under minimum 6 items per month Yes

MONEY MARKET ACCOUNT

  • Minimum opening deposit of $100
  • Limit of 6 check writing and withdrawal items per month, $10 each if over 6
  • $1,000 minimum balance to avoid monthly maintenance fee of $10
  • Interest paid monthly
  • Tiered interest rates
Premium Money Market Account More $100,000.00 $100,000.00 Yes if balance under minimum 6 items per month Yes

PREMIUM MONEY MARKET ACCOUNT

  • Minimum opening deposit of $100,000
  • Limit of 6 check writing and withdrawal items per month, $15 each if over 6
  • $100,000 minimum balance to avoid monthly maintenance fee of $25
  • Interest paid monthly
  • Tiered premium interest rates
Phoenix Account More $1,000.00 $1,000.00 None 10 day grace period after maturity Yes

PHOENIX ACCOUNT

  • Minimum balance of $1,000
  • Deposits permitted at any time
  • Maturity every 90 days
  • 10 day grace period after maturity for withdrawals
  • Automatic renewal
  • Interest paid every 90 days at maturity
  • Early-withdrawal penalty equal to 90 days' forfeiture of interest, regardless if earned
  • Market interest rate is tiered by age of account:
    1-12 months                  6 month CD rate
    13-24 months                1 year CD rate
    25-36 months                2 year CD rate
    37 months or longer      3 year CD rate
Certificate of Deposit More $500.00 $500.00 None 10 day grace period after maturity Yes

CERTIFICATE OF DEPOSIT

  • Minimum opening deposit of $500, unless otherwise stated
  • Terms of 3 months to 5 years
  • 10 day grace period after maturity for withdrawals
  • Penalty for early withdrawal, forfeiture of interest, regardless if earned, as follows: 3 months' forfeiture for CD with term of 1 year or less; 6 months' forfeiture for CD with term greater than 1 year
  • Automatic renewal
  • Interest paid quarterly
CDARS® More $10,000 if over $250,000 in other VNB accounts $10,000.00 None Unavailable Yes

CDARS® CERTIFICATE OF DEPOSIT ACCOUNT REGISTRY SERVICES®

  • Full FDIC Insurance on CDs up to $50 million
  • Work with 1 bank on all CD deposits from $10,000 to $50,000,000
  • 1 interest rate on CDs placed through CDARS®
  • 1 monthly statement detailing your CD balances
  • Wide variety of maturities ranging from 4 weeks to 5 years
Funds Management Certificate of Deposit More $50,000.00 $50,000.00 None Unavailable Yes

FUNDS MANAGEMENT CERTIFICATE OF DEPOSIT

  • Minimum opening deposit of $50,000
  • Terms of 7 to 365 days
  • Interest paid at maturity
  • No early withdrawal
  • Single maturity, no automatic renewal

Interest rates available at any Virginia National Bank office.

Terms may vary for deposit accounts with any promotions offered by Virginia National Bank.