Laserfiche WebLink
➢ Interest compounded daily on money market accounts include rate — Interest accrues daily <br />and compounds monthly on money market accounts. Interest rates on these accounts are <br />variable and change at the discretion of Village Bank. The current rates and tiers are as <br />follows: <br />Information as of 10/11/12 <br />Money Market <br />$0.01 - $4,999.99 <br />$5,000 - $99,999.99 <br />$100,000 and over <br />Current APY <br />0.10% <br />0.15% <br />0.25% <br />➢ Same day credit of deposits and incoming wire transfers — We process daily transactions on <br />each business day with a cut-off time of 3:00 PM. All deposits and wires received up to this <br />time would be credited on this same business day. <br />➢ Electronic deposits — All Village Bank accounts accept electronic deposits under the ACH <br />System. In addition, we offer Internet banking services that all our customers can utilize for <br />automatic debit and credit transfers to their accounts. <br />➢ Lockbox services — At the present time, Village Bank does not offer lockbox services. <br />➢ Competitive investment options — We offer certificates of deposit from terms of 3 months <br />to 48 months for investment purposes. Current rates and terms are posted on our website, <br />or you can contact Village Bank for a quote on rates and terms. <br />➢ Electronic balance and transaction reporting —Available through Village Bank's online <br />banking service. There is no charge for viewing activity or transferring funds between bank <br />accounts. <br />➢ Positive pay services — Village Bank's Positive Pay service identifies possible fraudulent <br />checks to help safeguard against check fraud. Fees for this service include a $50.00 set-up <br />fee, a $25.00 monthly fee for each account, and a $0.25 per item exception processing fee <br />in the event the customer does not complete the decision process in a timely manner. An <br />online tutorial of this service is available on our website's Education Center. <br />➢ Electronic Check Imaging— Receive electronic check images from a lockbox for utility <br />customer account payments — At the present time, Village Bank does not offer this service. <br />➢ Responsive. accurate, cooperative. and courteous customer service — Village Bank is a <br />community bank focused on customer service. Our growth is built on our philosophy of <br />building and fostering relationships with our clients. As with any small business, our goal is <br />to excel at providing superior customer service. <br />-7- <br />