Colonial Virginia Bank

 Where the Sign of Hospitality Meets the Values of Community Banking 

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Summary of Accounts and Products

Personal Accounts

 

Personal Free Checking-no minimum balance requirement or monthly service charge and unlimited check writing; $50 deposit required to open account.

 

Personal Interest Checking or NOW-interest bearing account with unlimited check writing, check images with statements; $1000 minimum balance to avoid $7 monthly service charge; $1,000 deposit required to open account.

 

Personal Money Market-interest bearing account limited to 6 withdrawals per statement cycle, $1,500 minimum balance to avoid $10 monthly service charge; $1,500 required to open account.

 

Personal Savings-interest bearing savings account; $10 charge per withdrawal in excess of 6 per month; $50 required to open account.

 

**Please be advised that beginning October 1, 2009, the charge for overdrafts, whether the item is paid or returned NSF will increase to $29.00 per item.

 

Business Accounts

 

Commercial Regular-unlimited check writing; $500 minimum balance to avoid $10 monthly service charge; $1,000 deposit required to open account.

 

Commercial Money Market-interest bearing account, limited to 6 withdrawals per statement cycle, $10,000 minimum balance to avoid $10 monthly service charge; $10,000 deposit required to open.

 

Public Funds Accounts

 

Public Funds Money Market-interest bearing account, limited to 6 withdrawals per statement cycle, only 3 of which may be check; $7,500 minimum balance to avoid $10 monthly service charge; $7,500 deposit required to open account.

 

Public Funds Savings-interest bearing savings, $2 charge per withdrawal in excess of 6 per month; $5,000 minimum balance to avoid $10 monthly service charge; $5,000 deposit required to open account.

 

Certificates of Deposit

 

Colonial Virginia Bank offers a variety of CD�s to meet your savings plan.  Please inquire at one of our branch locations for more information.

 

Debit Card

 

Enjoy the peace of mind that comes with Colonial Virginia Bank�s safe MasterCard Debit Card. Enjoy knowing that your monthly checking account statement will provide you with a detailed description of all transactions.  No checks to write, no bills to pay and no waiting for check approval.  Get your Colonial Virginia Bank Debit Card today!

 

 

Credit Card

 

Colonial Virginia bank is happy to offer personal & corporate Visa. These cards offer you a variety of benefits from the opportunity to earn free travel to paying your bill online.  We will continually strive to add value to your credit card by offering rewards and cost saving opportunities.  Come by one of our branches and apply today.

 

Loans

 

Come by and speak to one of our Loan Officers today for all your lending needs.

 

Tel-Bank

(804)695-0563

 

Access your accounts from anywhere, anytime with the convenience of our 24 hour automated telephone banking service.  You can perform balance inquiries, transfers, loan payments, and check CD interest rates-all from your touch tone phone. Come in and sign up today.

 

Wires

*Please be advised that on November 1, 2009, the fees for wires will increase to the following:

Incoming Wires $2.50

Outgoing Domestic $20.00

Outgoing International $45.00

 

 

 

Lobby Hours: Monday-Friday 9-5:30

                      Saturday 9-12

 

        Drive Thru: Monday-Friday 7:30-7:30

                       Saturday 7:30-12

 

 

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