Earn more at a great rate with a Valley Tiered Money Market Savings Account​

  • Unlimited deposits

  • Competitive tiered interest rates credited monthly

  • Minimum balance to open $2,000

  • FDIC insured up to $250,000 per depositor, for each account ownership category


     View disclosures
     View our rates and terms





Here’s what you get with a Valley Tiered Savings Account

  • There is no monthly maintenance charge when you maintain an average daily collected balance of $10,000.

  • Enjoy access to 200+ ATMs and local branches.



Find out how much you can earn


Current APY*


Required Minimum Balance to Earn APY*



$0.01 - $4,999



$5,000 - $24,999


$25,000 - $49,999


$50,000 - $99,999


$100,000 - $499,999


$500,000 - $1,499,999


$1,500,000 - $2,499,999


$2,500,000 - $4,999,999


$5,000,000 - $9,999,999


$10,000,000 & above




Frequently Asked Questions

  • What is a Tiered Savings account?

    Valley’s Tiered Savings account helps you earn money while you save. It offers competitive tiered interest rates credited to your account on you a monthly basis.

  • What information do you need for an application?

    To open a Tiered Savings account, you’ll need to have some information handy. To start, you must be 18 years or older and have a US residential address. Whether you’re applying for an individual account or with a joint applicant, all those applying must have a Social Security number and have a Government ID in the form of one of the following: driver's license, non-driver ID, passport, proof of being a US permanent resident.

  • Are there fees associated with this account?

    A maintenance charge of $25 will be charged to your account each monthly statement cycle if the average daily balance for the monthly statement cycle falls below $10,000. These fees could reduce earnings on your account.


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.


Annual Percentage Yields (APYs) are effective and accurate as of 2/29/2024. Rate may change after the account is opened. Minimum initial deposit of $2,000 is required. The minimum balance required to obtain the advertised APY is, Tier 1: $4,999 balance or less earns 0.60% APY; Tier 2: $5,000 - $24,999 earns 0.70% APY;  Tier 3: $25,000 - $49,999 earns 0.80% APY; Tier 4: $50,000 - $99,999 earns 0.90% APY; Tier 5: $100,000 - $499,999 earns 1.00% APY; Tier 6: $500,000 - $1,499,999 earns 1.35% APY; Tier 7: $1,500,000 - $2,499,999 earns 1.35% APY; Tier 8: $2,500,000 - $4,999,999 earns 1.35% APY; Tier 9: $5,000,000 - $9,999,999 earns 1.35% APY; Tier 10: $10,000,000 and above earns 0.10% APY. A maintenance charge of $25 will be imposed each monthly statement cycle if the average daily collected balance falls below $10,000. Fees may reduce earnings. Offer may be withdrawn or modified without prior notice.