Business Accounts

Village Bank strives to offer a variety of business accounts that will enable you to run your business more efficiently, whether it’s a well-established business or a new venture.

BUSINESS CHECKING ACCOUNTS

Village Business Checking

Village Business Interest Checking

Village Business Analyzed Checking

This checking account is great for businesses with simple business needs.

• No minimum balance requirement
• Only $50 to open
• Mastercard Debit Card
• Online & Mobile Banking
• Complimentary eStatements⁴
• 100 monthly transaction items3

This checking account is great for not for profit organizations, clubs, or businesses maintaining a higher balance.

• Competitive Interest2
• Only $3,000 minimum balance to
avoid a low monthly fee of $5
• Only $50 to open
• Mastercard Debit Card
• Online & Mobile Banking
• Complimentary eStatements4
• 500 monthly transaction items3

This checking account is designed for commercial account holders with higher transaction volume.

• No minimum balance requirement
• Only $50 to open
• Mastercard Debit Card
• Online & Mobile Banking
• Complimentary eStatements4
• Low monthly maintenance fee of $12
• Per item charges:

◦ Deposit Ticket: $0.25 per deposit ticket
◦ Checks Deposited: $0.15 per item
◦ Check Cleared: $0.15 per item

• Fees can be offset by earnings credit on your collected account balance

BUSINESS SAVINGS ACCOUNTS

Business Money Market

Business Elite Money Market

• Minimum opening deposit of $100
• $1,000 minimum balance requirement

◦ $10 monthly charge if balance falls below $1,000 during monthly statement cycle

• Up to 6 withdrawals per monthly statement cycle

◦ $8 per withdrawal after the 6 allowed within monthly statement cycle

• Tiered interest rates2, see a banker for current rates

• Minimum opening deposit of $10,000
• $10,000 minimum balance requirement

◦ $10 monthly charge if balance falls below $10,000 during monthly statement cycle

• Up to 6 withdrawals per monthly statement cycle

◦ $8 per withdrawal after the 6 allowed within
monthly statement cycle

• Tiered interest rates2, see a banker for current rates

1) Other fees such as NSF Paid Fee, NSF Returned Fee, Delinquent Account Collection Fee, Inactive Account Fee, etc. may apply. 2) Competitive interest on Business Interest Checking and all savings products, variable rates subject to change. Fees could reduce earnings on the account. See a banker for current rates. 3) Transaction items include all checks cleared and all checks deposited. If limit is exceeded, a charge of $0.15 per additional item will be assessed. 4) $5.00 monthly paper statement fee if not enrolled in eStatements within 30 days of account opening. Must be enrolled in online banking to access eStatements. 5) Must be enrolled in online banking and download our mobile app to use Mobile Check Capture Deposit. End of day cutoff for Mobile deposit is 4pm. Message and data rates may apply.