Checking & Savings Rates
Rewarding rates.
Make checking and savings more affordable, and more rewarding.
Checking and Savings Rates
Account | Interest Rate | APY* | Minimum Balance to Obtain APY |
Village Savings Account | 0.05% | 0.05% | $0 |
eVolve Savings Account | 0.01% | 0.01% | $0 |
Compass Savings Account | 0.05% | 0.05% | $0 |
Passbook Savings | 0.05% | 0.05% | $0 |
Basic Banking Statement Savings | 0.05% | 0.05% | $0 |
Village Interest Checking | 0.03% | 0.03% | $0 |
Village Money Market Account | |||
$0 to $24,999.99 | 0.25% | 0.25% | $0 |
$25,000 to $74,999.99 | 0.75% | 0.75% | $25,000 |
$75,000 to $149,999.99 | 1.00% | 1.00% | $75,000 |
$150,000 to $499,999.99 | 1.49% | 1.50% | $150,000 |
$500,000 and Up | 2.96% | 3.00% | $500,000 |
Village Business Money Market Account | |||
$0 to $24,999.99 | 0.25% | 0.25% | $0 |
$25,000 to $74,999.99 | 0.75% | 0.75% | $25,000 |
$75,000 to $149,999.99 | 1.00% | 1.00% | $75,000 |
$150,000 to $499,999.99 | 1.49% | 1.50% | $150,000 |
$500,000 and Up | 2.96% | 3.00% | $500,000 |
Village High Yield Savings (New Money Only)** | |||
$0 to $4,999,999.99 | 3.93% | 4.00% | $0 |
$5,000,000 and Up | 0.05% | 0.05% | $5,000,000 |
*Annual Percentage Yield (APY) effective June 4, 2025. Rate may change after account is opened. Minimum deposit to open account is $20. A penalty may be assessed for early withdrawals. Accounts are subject to approval. **The Annual Percentage Yield for the Village Bank High Yield Savings Account is 4.00% for balances up to $4,999,999.99. For total balances above $4,999,999.99, the rate is blended; the first $4,999,999.99 will earn 4.00% APY and the remaining balance will earn 0.05% APY. For example, if your Village Bank High Yield Savings account had a daily balance of $6,000,000, you would earn 4.00% APY for that day on $4,999,999.99 and 0.05% APY on the remaining $1,000,000.01. Personal accounts only. Rates may change after account is opened. The Village Bank High Yield Savings account offer is available to new or existing customers depositing new money not currently or previously on deposit with The Village Bank. This condition applies to all deposits, including the initial funding and any future additions. Failure to meet this requirement may result in disqualification from the stated rate and account converted to the standard Village Savings rate. We reserve the right to review account funding sources and take appropriate action, including account closure, if this condition is not met. | |||
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For more information or answers to any questions, please visit our Customer Care Center, use our Contact Form, or call us at (617) 969-4300.