Disclosures:
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.
All Access Rewards Checking:
Other fees may apply. Refer to Schedule of Fees for details.
For new consumer checking customers over the age of 18. Minimum to open is $100 with no monthly balance requirement. To receive the $240 reward, the account must receive a cumulative total of $750 or more in qualifying direct deposits per month. Reward is paid over 12 month period, $20 each month. Rewards are limited to one account and primary account holder. As long as direct deposit is not discontinued, account will receive a total of $240 over the 12 month period. A qualifying direct deposit is defined as a recurring payroll direct deposit or electronic deposit of pension or government benefit such as Social Security. Transfers from one account to another or deposits made at a branch or ATM do not qualify as direct deposits. The first cash reward will be credited within 35 days of the monthly qualifying recurring direct deposit. All cash rewards may be IRS reportable. After the first year or if direct deposit is discontinued, the monthly reward will not be paid and the account will revert to an All Access Checking account and you will become subject to the terms and/or fees of that account. Limit of one cash reward per customer. Account agreement will contain additional terms and conditions. Offer may be withdrawn or modified without prior notice.
19-Month CD:
The Annual Percentage Yield (APY) of 3.50% is effective and accurate as of 2/10/2023. Minimum balance to obtain the advertised annual percentage yield is $500. Fund your account with a maximum of $500,000 online and up to $1,000,000 in branch. Early withdrawal penalties may be imposed and fees could reduce earnings and/or principal. See a Bank Representative for complete terms and conditions.