Checking
Everyone has their own preferences when it comes to checking accounts. Valley First recognizes this and offers you a choice of five checking account options: Basic, Free, Interest, or Senior.
Free Checking
- No monthly fee
- No minimum deposit
- No direct deposit requirements
- Non-dividend earning
- Unlimited transactions
- Receive free eStatements online
Basic Checking
- $3 monthly Fee - waived with maintained direct deposit
- $25 minimum opening deposit
- Non-dividend earning
- Unlimited transactions
- Free first box of Valley First Custom Checks
Premium Checking
- $5 Monthly Fee*
- $25 minimum opening deposit
- Earns monthly dividends** (click here for current rates)
- Minimum balance required to avoid monthly service charge
Senior Checking
- No monthly fee
- Non-dividend earning
- Free Valley First Custom Checks - up to four boxes per year
- Ages 55+
Frequency (Teen) Checking
- Select Free, Basic, or Premium Checking
- $10 minimum opening deposit
- Free first box of Valley First Custom Checks
- Joint with parent or legal guardian
- Frequency ATM card available
- Ages 13-17
HSA (Health Saving Account) Checking
For members with a qualifying high deductible health plan:
- $10 one time set up fee
- $3 monthly fee - waived with eStatements
- $2 per in branch/call center withdrawal
- No minimum balance
- Earns monthly dividends** (click here for current rates)
- Signed HSA Application required
Business & Non-Profit Checking
Checking accounts for sole proprietors, partnerships, and non-profit organizations are available.
Basic Business Checking
- $6 monthly service fee (no waiver)
- $25 minimum opening deposit
- Business License / Fictitious Name Statement Required
Premium Business Checking
- $9 monthly service fee (no waiver)
- $25 minimum opening deposit
- Earns monthly dividends** (click here for current rates)
- Business License / Fictitious Name Statement Required
Non-Profit Checking
- No monthly fee
- $1 membership fee waived
- IRS non-profit status required
- Authorized signers listed on letterhead of non-profit company
All new checking accounts are verified through Chex Systems.
* Reduced to $3 with maintained direct deposit. Waived with either an average daily balance of $500 in checking or an average daily balance of $2,500 in all checking and savings accounts combined.** Variable dividend rate. The dividend rate and APY may change every dividend period. Funds earn dividends from date of deposit based on the daily ending balance. Dividends compound monthly.
