Relationship Checking


Summary

Benefits:

  • Minimum deposit of $50 to open the account
  • No monthly maintenance fee
  • Variable interest rate
  • Unlimited check writing
  • Online Banking
  • Bill Pay (free if used to pay 1 or more bills per month, $5.95 otherwise)
  • Free ATM's at Sheetz locations in six states
  • Visa ® debit card
  • May be reported on IRS Form 1099

Relationship Checking tiers:

  • 0.01% APY* on minimum balances of $0.01
  • 0.01% APY* on minimum balances of $5,000.00
  • 0.01% APY* on minimum balances of $10,000.00
  • 0.05% APY* on minimum balances of $25,000.00

To be eligible for this account you must have one or more of the following:

  • $10,000 in combined MVB deposit account balances
  • MVB Mortgage with original principal balance greater than or equal to $50,000
  • MVB Home Equity Line of Credit greater than or equal to $10,000
  • Commercial Loan with original principal balance greater than or equal to $100,000*

*Annual Percentage Yield accurate as of 3/10/14. Minimum balance required to obtain the advertised APY. Rates may change after the account is opened. Account is available to individual guarantors on the commercial loan. This is not a business account. Fees could reduce earnings.