Business
Deposit Products
Business Accounts
Yampa Valley Bank provides a variety of business accounts with avoidable fees. Online banking, web statements and bill pay are offered for free or minimal charges on all business accounts!.
Business Checking
- No monthly service charge if daily balance remains above $500 ($10/mo otherwise)
- Or 25 debit card transactions to waive monthly fee
- Or combined balances between all deposit accounts of $25K and outstanding loan balances of $25K to waive the service charge
- Monthly statements
- Imaged checks
- Free ATM/debit card
- Minimum opening deposit of $100 required
Business Interest Checking
- No monthly service charge if daily balance remains above $5,000 ($10/mo otherwise)
- Or combined balances between all deposit accounts and outstanding loan balances of $25K to waive the service charge
- Minimum balance to earn interest is $5,000
- Tiered interest rate
- Monthly statement
- Imaged checks
- Free ATM/debit card
- Minimum opening deposit of $5,000 required
Business Money Market
- No monthly service charge if daily balance remains above $2,000 ($10/mo otherwise)
- Tiered interest rate
- Monthly statements
- Imaged Checks
- Free ATM card
- Withdrawals are limited to six pre-authorized per month; $10 charge per each pre-authorized withdrawal over six per month; unlimited withdrawals allowed in person, by mail or by ATM.
- Minimum opening deposit of $2,000 required
Business Premier Money Market
- No monthly service charge if daily balance remains above $2,000 ($10/mo otherwise)
- Tiered interest rate on higher balances (100K or higher)
- Monthly statements
- Imaged Checks
- Withdrawals are limited to six pre-authorized per month; $10 charge per each pre-authorized withdrawal over six per month; unlimited withdrawals allowed in person, by mail or by ATM.
- Minimum opening deposit of $2,000 required
- Free ATM card
Business Prime Savings
- No monthly service charge if daily balance remains above $250 ($5/mo otherwise)
- Tiered interest rate
- Quarterly statement
- Free ATM card
- Withdrawals are limited to six pre-authorized per month; $2 charge per each pre-authorized withdrawal over six per month; unlimited withdrawals allowed in person, by mail or by ATM.
- Minimum opening deposit of $250 required
Overdraft Protection
- Overdraft lines of credit available from $500 to $2,500. *Subject to credit underwriting and approval
- Permanently attached to checking account (no maturity set)
- Helps avoid non-sufficient funds (NSF) fees
- Account overdraft coverage is automatic, with no transfer fees
- Minimum line payments automatic from checking account
Time Certificates
Fixed Rated Certificates
- Minimum opening deposit of $1,000 required
- Terms available from one month up to 60 months
- Certificates are automatically renewed
- Interest compounded daily
- Penalty may apply for early withdrawal.
deposit rates
Merit Checking – Variable Rate
Minimum of $100 to open
| Minimum Balance to Open/Earn APY* | Interest Rate | APY* |
|---|---|---|
| $0 – $999.99 | 0.35% | 0.35% |
| $1,000 – $9,999.99 | 0.40% | 0.40% |
| $10,000 – $49,999.99 | 0.45% | 0.45% |
| $50,000 – $99,999.99 | 0.55% | 0.55% |
| $100,000 plus | 0.65% | 0.65% |
Business Interest Checking
Minimum of $5,000 to open
| Minimum Balance to Open/Earn APY* | Interest Rate | APY* |
|---|---|---|
| $0 – $4,999.99 | 0.00% | 0.00% |
| $5,000 – $9,999.99 | 0.35% | 0.35% |
| $10,000 – $49,999.99 | 0.45% | 0.45% |
| $50,000 – $99,999.99 | 0.50% | 0.50% |
| $100,000 plus | 0.60% | 0.60% |
Money Market – Variable Rate
Minimum of $2,000 to open
| Minimum Balance to Open/Earn APY* | Interest Rate | APY* |
|---|---|---|
| $0 – $1,999.99 | 1.10% | 1.11% |
| $2,000 – $9,999.99 | 1.64% | 1.65% |
| $10,000 – $49,999.99 | 2.05% | 2.07% |
| $50,000 – $99,999.99 | 2.27% | 2.30% |
| $100,000 plus | 2.52% | 2.55% |
Premier Money Market – Variable Rate
Minimum of $2,000 to open
| Minimum Balance to Open/Earn APY* | Interest Rate | APY* |
|---|---|---|
| $0 – $99,999.99 | 1.04% | 1.05% |
| $100,000 – $199,999.99 | 2.62% | 2.65% |
| $200,000 – $499,999.99 | 2.81% | 2.85% |
| $500,000 plus | 3.05% | 3.10% |
Time Certificates – Fixed Rate
Minimum of $1,000 to open
| Term | Interest Rate | APY* |
|---|---|---|
| 1 month | 2.08% | 2.10% |
| 3 months | 2.86% | 2.90% |
| 6 months | 3.92% | 4.00% |
| 9 months | 3.68% | 3.75% |
| 12 months | 3.44% | 3.50% |
| 24 months | 2.96% | 3.00% |
| 36 months | 2.66% | 2.70% |
| 48 months | 2.23% | 2.25% |
| 60 months | 1.98% | 2.00% |
IRAs (Roth & Traditional) – Fixed Rate
Minimum of $100 to open
| Term | Interest Rate | APY* |
|---|---|---|
| 12 month | 3.44% | 3.50% |
| 24 months | 2.96% | 3.00% |
| 36 months | 2.66% | 2.70% |
| 48 months | 2.23% | 2.25% |
| 60 months | 1.98% | 2.00% |
Health Savings Account – Variable Rate
No minimum to open
| Minimum Balance to Open/Earn APY* | Interest Rate | APY* |
|---|---|---|
| $0 – $2,499.99 | 2.13% | 2.15% |
| $2,500 plus | 2.42% | 2.45% |
Prime Savings – Variable Rate
Minimum of $100 to open
| Minimum Balance to Open/Earn APY* | Interest Rate | APY* |
|---|---|---|
| $0 – $2,999.99 | 2.37% | 2.40% |
| $3,000 plus | 2.57% | 2.60% |
Minor Savings – Variable Rate
Minimum of $25 to open
| Minimum Balance to Open/Earn APY* | Interest Rate | APY* |
|---|---|---|
| $25.00 plus | 2.57% | 2.60% |
fee schedule
Other Services & Fees
| Service | Fees |
|---|---|
| Bank Bags | Zipper – $5 each |
| Both Web AND Paper Statements | $7/mo |
| Cashier’s Checks (YVB Customers Only) | $6 |
| Collections | $10 |
| Combined Statements (Web & Paper) | $7 per month |
| Daily Overdraft Fee | $5 Beginning on the 5th consecutive business day overdrawn |
| Daily Sweep | $4 |
| Dormant Account Fee 12 months no activity, balance under $100 Does not apply to minor, health savings accounts or bank on accounts. | $10 per month |
| Early Account Closure Fee If open less than 90 days and no other existing accounts remain open | $25 |
| Fax Submission (Customers only) | $5 |
| Foreign Currency Handling Charge | $15 |
| Levy/Garnishments | $75 |
| Nonsufficient Funds Fee (Paid items) | $30 NSF fee charged when overdraft balance exceeds $100 |
| Nonsufficient Funds Fee (Returned items) | Free |
| Notary Service | FREE $5 for non-customers |
| Safe Deposit Boxes | SEE PRICING UNDER SAFE DEPOSIT BOX OPTIONS |
| Signature Guarantee (Customers only) | FREE |
| Medallion Signature Guarantee | FREE Must be YVB customer for minimum of 30 days |
| Statement and Check Copies (recent 3 months) | FREE |
| Statement Reconciliation | $25/hr |
| Account Research Fee | $25/hr |
| Stop Payments | $30 |
| Processing Plastic Security Deposit Bags | $.50 each |
Wire Transfers
| Service | Fees |
|---|---|
| Incoming | FREE |
| Outgoing – Domestic | $20 |
| Outgoing – Foreign | $50 |
Visa / Debit Card Fees
| Service | Fees |
|---|---|
| ATM Transaction Fees: On YVB ATM | FREE |
| Annual ATM Fee | FREE |
| Annual Visa/Debit Card Fee | FREE |
| Visa International Transaction Fee | 1.5% |
ATM Transaction Fees
YVB debit cards provide convenient access to your checking account for purchases and cash via ATMs almost anywhere in the US and worldwide. There is no fee at any YVB ATM. Ask about our Free to Roam program to reimburse your domestic ATM fees!
Checks (Personal & Business)
YVB offers check packages for your convenience. Prices vary.
