Make the most of your savings at Valley

Grow your savings strategy with an extra jolt. 


Open a Premium Money Market account and earn a rate of 1.00% APY. Want to boost that rate to 1.75% APY? Then open a Select Checking as well—the perfect checking complement to your high interest money market savings.



Account details


Premium Money Market


High competitive rate of 1.00% APY .
Open with Select Checking to boost your rate to 
1.75% APY


Unlimited deposits


Minimum initial deposit of $25,000


Maximum deposit of $10,000,000


No monthly maintenance fee with a
average daily collected balance of $10,000


Free mobile and online banking
with bill pay


Online statements


FDIC insured



Select Checking


Minimum initial deposit of $100


Monthly qualifying direct deposit of $1,000


No monthly maintenance fee with a
daily ledger balance of $99


No Valley ATM fees


Free mobile and online banking
with bill pay


Online statements


FDIC insured


When you open an account you also get:



Mobile and Online Banking

Bank anywhere, anytime,
day or night.


Expert Advice

Not sure how to reach your financial goals?
Our experts can help you.


Text Banking

Manage your finances right from
the palm of your hand.


Online Statements

Electronic monthly statements helping
you clear paper clutter.


Mobile Deposits

Deposit checks online using your smartphone or other mobile device.


FDIC Protected

Peace of mind knowing your
money is safe.

What you'll need to open an account:

What you'll need to open an account:

Must be 18 or older

U.S. Residential Address

Social Security Number

Government Issued ID (Driver's License, State Issued ID, Valid Passport, or U.S Permanent Resident Card)

Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. When you open an account, we must ask for your name, address, date of birth and other information that will allow us to identify you. We may also request your driver's license or other identifying documents, even if you currently maintain a banking relationship with us. Strict adherence to these regulations helps to protect Valley and its customers from criminal activity. Your cooperation is greatly appreciated.



Valley Premium Money Market: Minimum initial deposit of $25,000 is required; maximum of $10,000,000. The Annual Percentage Yield (APY) of 1.00% APY is effective and accurate as of 10/3/2023  Minimum $10,000 average daily collected balance to earn APY. The APY will be reduced to Valley’s prevailing rate if the account balance falls below the minimum $10,000 requirement or exceeds the maximum $10,000,000 amount. A maintenance fee of $25 will be imposed each monthly statement cycle if the average daily collected balance falls below $10,000. Bonus Rate of 1.75% APY when a Valley Select Checking account is maintained with a $1,000 qualifying direct deposit during the monthly statement cycle.  If the direct deposit requirement is not met or the Select Checking account is no longer linked or closed, the rate will revert to 1.00% APY for the following and subsequent months until the requirements are met met within the monthly statement cycle.

Valley Select Checking: $100 minimum to open. If the minimum daily ledger balance of $99 is not met, a $15 monthly maintenance fee will be assessed. A monthly qualifying direct deposit of $1,000 is required and the minimum $99 daily balance to earn the Premium Money Market and Select Checking Bonus Rate of 1.75% APY. 

Qualifying Direct Deposit is defined as a recurring payroll direct deposit or electronic deposit of pension or government benefits such as Social Security. Upon establishment of the qualifying direct deposit, the Bonus Rate will be applied to the account. Fees may reduce earnings. Account agreement will contain additional terms and conditions. The above offers are subject to change and may be withdrawn without Notice.