Deposit Products

We offer a variety of deposit products for larger commercial customers as well as small business owners. Below are a few of our more popular checking and savings products.

Important Information About Beneficial Ownership

Business Checking Accounts

Village Commercial Analysis Checking

Reorder checks online

Ideal for high transaction and high volume customers, our Commercial Analysis checking product offers unlimited check writing. And you only pay for the services used. Ask your Business Banker for more details.

Village Business Checking

This account is designed for businesses or organizations that have low checking activity, defined as handling less than 500 transaction items per month. No interest is paid or earnings credit received. 

  • No monthly service fee and no minimum balance requirement.
  • First 250 transaction items (credits, debits, deposits, deposited items) at no charge with no minimum balance requirements or no charge if 251 to 499 transactions with a minimum daily balance of $2,000 or a fee of $0.30 per transaction will occur. Transactions of 500 or greater per statement cycle, regardless of the account balance will result in a $0.30 fee per transaction.
  • Free first order of Village Bank wallet checks.
  • Minimum opening deposit: $100.00.
  • Service fee for each processed transaction item in excess of monthly limit or qualifying balance: $0.30.
  • Overdraft Protection with no Annual Fee*

*Conditions apply. Ask us for details.

Village 4 Business Checking

A business account designed for low checking account activity, defined as handling fewer than 1,000 transaction items per month. No interest is paid or earnings credit received.

  • Minimum opening deposit: $500.00.
  • Three free Cashier's Checks per month.
  • First 350 transaction items (credits, debits, deposits, deposited items) at no charge with no minimum balance requirements or no charge if 351 to 600 transactions with a minimum daily balance of $2,500. 601-999 transaction items at no charge with a minimum daily balance of $5,000. Accounts with over 1,000 transaction items: $0.30 per item.
  • Free Business Checking Starter Kit*

*If account closed within six months, $75 fee will be charged to reimburse this credit.

Standard Benefits for all Village Bank Business Checking Products:
  • Free Online Banking and Bill Pay (BizPay).
  • Free Mobile Banking and Mobile Deposit.
  • Free Debit MasterCard with no Annual Fee with Security Card Valet Option.
  • Free Village Bank Express, 24/7 Telephone Account Access.
  • Free E-statements with Online Banking.
  • Free Notary and Medallion Service.
  • Reduced Fee for Online Wire Services.
  • Reduced Fee for Check Stop Payments Online.
  • Unlimited Check Writing.
  • Overdraft Protection Options*
  • Positive Pay*
  • ACH Services*
  • Remote Deposit Capture Options.

*Conditions apply. Ask us for details.

Business Savings & Money Market Accounts

Our Business Savings and Money Market Accounts offer businesses a means of improving cash flow by earning interest on funds deposited

Business Savings Accounts at Village Bank come with the following convenient features:

  • Free Internet Banking.
  • Free Village Bank Express, 24/7 Telephone Account Access.
  • Free ATM Card.
  • Free Notary and Medallion Services.

Village Business Savings

A basic savings account with low minimum balance requirements that can meet the needs of a variety of businesses.

  • Competitive variable interest rates.
  • Interest compounded daily and paid monthly on all collected balances.
  • Maximum of six (6) transfers or withdrawals each month that can be made by telephone, ACH, or similar order made payable to third parties.
  • Unlimited transactions and withdrawals of funds at any Village Bank location, ATM, or by mail.
  • Minimum opening deposit: $50.00.
  • Pay no monthly service fee if a $200.00 minimum daily balance is maintained; otherwise, a monthly service fee of $3.00 will apply.
  • Service fee for each transfer or withdrawal in excess of monthly limit: $3.00.

Village Business Money Market Savings

An account for businesses seeking higher yields as well as limited check writing privileges.

  • Earns a competitive money market interest rate.
  • Interest compounded daily and paid monthly on all collected balances.
  • Free money market checks.
  • A maximum of six (6) transactions or withdrawals per calendar or statement cycle month, that can be made by check, ACH, telephone, or similar order made payable to third parties.
  • Unlimited transactions and withdrawals of funds at any Village Bank location, ATM, or by mail.
  • Minimum opening deposit: $100.00.
  • No monthly service fee when the balance remains at or above $2,500.00 on each day of the statement cycle; otherwise, a monthly service fee of $10.00 will apply.
  • Service fee for each transaction or transfer in excess of monthly limit: $12.00.

Contact our Business Bankers to learn more. 

Cindy Hodges

Cindy Hodges 804.419.1467

Amanda Porch

Amanda Porch 804.594.6239