Disclosure :: Checking :: Personal Banking

Disclosure

Fee Schedule

Truth-in-Savings

Free Checking Account

No minimum balance required. There is no limit to the number of checks paid or deposits credited to this account during the statement cycle. You may only use checks approved by the bank. Minimum deposit to open is $50.00.

Monthly Fee - If you choose to add bonus benefits, there will be a $5.00 Monthly Fee. The fee will be waived if $20,000.00 is maintained in total deposits with the Bank.

The Best Checking

No minimum balance required. There is no limit to the number of checks paid or deposits credited to this account during the statement cycle. You may only use checks approved by the Bank. Minimum deposit to open is $50.00.

Monthly fee - There will be a $6.00 monthly fee. The fee will be waived if $20,000.00 is maintained in total deposits with the Bank.

Value 50 Plus Checking

Monthly Fee - There will be a $5.00 Monthly Fee. The fee will be waived if $20,000.00 is maintained in total deposits with the Bank.

Interest Checking Account

Rate information - The interest rate, tiers and annual percentage yield for this account are stated on the interest rate chart. Interest Checking accounts are variable rate accounts, subject to change weekly at the bank's discretion.
You may only use checks approved by the bank.
Interest information - Interest is paid on tiered balances and is compounded and credited monthly. Interest is calculated using the daily balance method, which computes interest by applying a periodic rate to the principal balance in the account each day. Interest begins to accrue on the day of deposit. If you close your account before interest is credited, you will not receive the accrued interest.
Minimum balance requirements - The minimum amount to open this account and earn the APY is $1000.00.
A Monthly Fee of $6.00 is assessed every statement cycle if the balance falls below $1000.00 any day of the statement cycle.
Fees could reduce earnings on this account. The Juniata Valley Bank reserves the right to require at least seven days notice prior to withdrawal from an interest bearing account.
Monthly Fee - If you choose to add bonus benefits, there will be a $5.00 Monthly Fee. The fee will be waived if $20,000.00 is maintained in total deposits with the Bank

Money Market Deposit Account

Rate information - The interest rate and annual percentage yield for this account are stated on the interest rate chart. Money Market Deposit Accounts are variable rate accounts, subject to change weekly at the bank's discretion.
Interest information - Interest is compounded and credited monthly. Interest is calculated using the daily balance method, which computes interest by applying a periodic rate to the principal balance in the account each day. Interest begins to accrue on the day of deposit. If you close your account before interest is credited, you will not receive the accrued interest.
Minimum balance requirements - The minimum amount to open this account and earn the APY is $1000.00. A Monthly Fee of $8.00 is assessed every monthly statement cycle if the balance falls below $1000.00 any day of the statement cycle. Fees could reduce earnings on this account.
Transaction limitations - Transfers from a Money Market Deposit Account to another account or to third parties by preauthorized, automatic, telephone transfer, or through Internet Banking are limited to six per statement cycle.
The minimum amount of the check or transfer is $100.00. The bank reserves the right to require at least seven days notice prior to withdrawal. A kit including checks, deposit tickets, and an account register must be purchased from the bank at the current market price. Withdrawal tickets may also be purchased at the current market price.

Indexed Money Market Fund

Rate information - The interest rate, tier and annual percentage yield for this account are stated on the interest rate chart. This is a variable rate account subject to change weekly. The interest rate and annual percentage yield for the top tier will be indexed to the 90-Day Treasury Bill Average Discount Rate. The rate will be calculated by subtracting a maximum of 1.25% from the index if your balance is $25,000.00 or higher. The Juniata Valley Bank reserves the right to change the margin or the index used to determine the rate at any time. If your balance is between $15,000.00 and $24,999.99, the interest rate and the annual percentage yield will be determined by The Juniata Valley Bank. This rate and annual percentage yield are subject to change weekly at the bank's discretion. If your balance is between $1,000.00 and $14,999.99, the interest rate and the annual percentage yield will be determined by The Juniata Valley Bank. This rate and annual percentage yield are subject to change weekly at the bank's discretion. No interest will be paid on balances less than $1,000. The bank may, at its discretion, choose to pay an interest rate that is higher than the index. The Juniata Valley Bank reserves the right to change any of the terms and conditions associated with this account or to discontinue this product at any time.
Interest information - Interest is compounded and credited monthly. Interest is calculated using the daily balance method, which computes interest by applying a periodic rate to the principal balance in the accounteach day. Interest begins to accrue on the day of deposit. If you close your account before interest is credited, you will not receive the accrued interest.
Minimum balance requirements - The minimum amount to open this account and earn the APY is $1000.00. A Monthly Fee of $12.00 is assessed every monthly statement cycle if the balance falls below $5,000.00 any day of the statement cycle. Fees could reduce earnings on this account.
Transaction limitations - Transfers from an Indexed Money Market Fund to another account or to third parties by preauthorized, automatic, telephone transfer, or through Internet Banking are limited to six per statement cycle. The minimum amount of the check or transfer is $100.00. The bank reserves the right to require at least seven days notice prior to withdrawal. A kit including checks, deposit tickets, and an account register must be purchased from the bank at the current market price. Withdrawal tickets may also be purchased at the current market price.

Non Personal Super NOW Account

Rate information - The interest rate and annual percentage yield for this account are stated on the interest rate chart. Non Personal Super NOW accounts are variable rate accounts, subject to change weekly at the bank's discretion.
Interest information - Interest is compounded and credited monthly. Interest is calculated using the daily balance method, which computes interest by applying a periodic rate to the principal balance in the account each day. Interest begins to accrue on the day of deposit. If you close your account before interest is credited, you will not receive the accrued interest.
Minimum balance requirements - The minimum amount to open this account and earn the APY is $1000.00. A Monthly Fee of $8.00 is assessed every statement cycle if the balance falls below $1000.00 any day of the statement cycle. Fees could reduce earnings on this account. The Juniata Valley Bank reserves the right to require at least seven days notice prior to withdrawal from an interest bearing account.

The Statement Savings

Rate information - The interest rate and annual percentage yield for this account are stated on the interest rate chart. The Statement Savings account is a variable rate account, subject to change weekly at the bank's discretion.
Interest information - Interest is compounded daily and credited monthly. Interest is calculated using the daily balance method, which computes interest by applying a periodic rate to the principal balance in the account each day. Interest begins to accrue on the day of deposit. If you close your account before interest is credited, you will not receive the accrued interest.
Minimum balance requirements - The minimum balance to open this account and earn the APY is $100.00. A monthly fee of $5.00 per month is assessed if the account balance falls below $100.00 any day of the month. A dormant account fee of $5.00 per month is assessed if there has not been any account activity for a period of one years. Fees could reduce earnings on this account.
Transaction limitations - Transfers from a Statement Savings Account to another account or to third parties by preauthorized, automatic, telephone transfer, or through Internet Banking are limited to six per statement cycle. Unlimited withdrawals are permitted at an ATM or in person. The Juniata Valley Bank reserves the right to require at least seven days notice prior to withdrawal from an interest bearing account.

Holiday Club

Rate information - The interest rate and annual percentage yield for this account are stated on the interest rate chart. The Holiday Club is a variable rate account, subject to change weekly at the bank's discretion.
Interest information - Interest is compounded daily and credited at maturity. Interest is calculated using the daily balance method, which computes interest by applying a periodic rate to the principal balance in the account each day. Interest begins to accrue on the day of deposit. If you close your account prior to maturity you will receive accrued interest and will be assessed a $10.00 service fee.
Transaction limitations - Clubs open annually during October. Payments can be made until October of the following year, and checks will be mailed following the final payment date.

Direct Deposit II

No minimum balance requirements; available to those with direct deposit of recurring government benefits and payments.
No checks will be issued or honored on this account and no additional deposits may be made to this account.
Purchase of pre-encoded withdrawal tickets from the Juniata Valley Bank for a cost of $5.00 per 50 tickets is required.
Three withdrawals per statement cycle allowed at no charge; additional wthdrawals are charged a $1.00 transaction fee at the time of withdrawal.
Withdrawal requests with no pre-encoded withdrawal ticket present are charged a $1.00 service fee per transaction.

Certificates of Deposit

Rate information - The interest rate and annual percentage yield for this account are stated on the interest rate chart. The interest rate and annual percentage yield (assuming interest remains on deposit until maturity) are guaranteed for the term of the CD.
Interest information - On CDs with add-back option (interest remaining on deposit until maturity), interest is compounded and credited quarterly. Stated Annual Percentage Yield assumes interest remains on deposit until maturity, and withdrawal of interest will reduce earnings. Interest is calculated using the daily balance method, which applies a daily periodic rate to the principal in the account each day. Interest on all CDs begins to accrue on the day of deposit. If you close your account before interest is credited, you will receive the accrued interest.
Minimum balance requirements - The minimum amount to open a Certificate of Deposit and to obtain the annual percentage yield disclosed is $1000.00.
Transaction limitations - Deposits and withdrawals to the principal of the account cannot be made during the term of the Certificate. Interest may be withdrawn monthly on deposits of $15,000.00 or more, quarterly, semi-annually, or annually. You can withdraw interest on the anniversary date of the interest frequency chosen. A withdrawal of interest before maturity will reduce earnings.
Early withdrawal penalty - Early withdrawal of principal prior to the maturity date will result in substantial penalties as follows: Term of 90 Days - 14 Months will result in the loss of 30 days' interest on the principal amount withdrawn; Term of 15 Months - 35 Months will result in the loss of 90 days' interest on the principal amount withdrawn; Term of 36 Months - 60 Months will result in the loss of 180 days' interest on the principal amount withdrawn; Term of 84 Months will result in the loss of 360 days' interest on the principal amount withdrawn. We will impose a penalty of seven days' interest when principal is withdrawn during the first six days after the initial deposit. The interest rate we will use to calculate the interest forfeiture will be the rate in effect on your account at the time of withdrawal. We reserve the right to treat any withdrawal which would reduce the balance remaining in the account below the required minimum initial deposit or minimum balance as a withdrawal of the entire account balance and calculate the amount of the penalty accordingly.
Renewal policy - Certificates of Deposit will automatically renew at maturity. The automatic renewal provides a ten-day grace period immediately following the date of maturity during which the investor can withdraw funds without a penalty. This account will not renew if you withdraw the funds on the maturity date or if we receive written notice from you on or before the maturity date of your intention not to renew. We can prevent renewal if we mail notice to you at least 30 days before maturity. Interest will not be paid on the principal balance during the grace period if the Certificate is redeemed during this period. Each renewal term will be the same as the original term, beginning on the maturity date unless we notify you in writing, before the maturity date, of the different terms for renewal. The interest rate will be the most recent rate quoted for the specific term of the Certificate of Deposit.

Flex Rate Certificate of Deposit

Rate information - The interest rate and annual percentage yield for this account are stated on the interest rate chart. This is a special Certificate of Deposit, which allows the customer to change the rate one time during the term. This rate change is based on the most recently quoted rate for the term and is at the sole discretion of the customer. This request must be in writing and will be effective on the next business day after the written request is received by the Bank.
Interest information - On CDs with add-back option (interest remaining on deposit until maturity), interest is compounded and credited quarterly. Stated Annual Percentage Yield assumes interest remains on deposit until maturity, and withdrawal of interest will reduce earnings. Interest is calculated using the daily balance method, which applies a daily periodic rate to the principal in the account each day. Interest begins to accrue on the day of deposit. If you close your account before interest is credited, you will receive the accrued interest.
Minimum balance requirement - The minimum amount to open this account and obtain the annual percentage yield disclosed is $1000.00.
Transaction limitations - Deposits and withdrawals to the principal of the account cannot be made during the term of the Certificate. Interest may be withdrawn monthly on deposits of $15,000.00 or more, quarterly, semi-annually, or annually. You can withdraw interest on the anniversary date of the interest frequency chosen. A withdrawal of interest before maturity will reduce earnings.
Early withdrawal penalty - We will impose a penalty if you withdraw any of the deposited funds before the maturity date. We will impose a penalty of seven days' interest if the withdrawal is made within the first six days after the deposit. Early withdrawal results in the loss of 90 days interest on the amount withdrawn. The interest rate we will use to calculate the interest forfeiture will be the rate in effect on your account at the time of withdrawal. We reserve the right to treat any withdrawal which would reduce the balance remaining in the account below the required minimum initial deposit or minimum balance as a withdrawal of the entire account balance and calculate the amount of the penalty accordingly.
Renewal policy - This Certificate of Deposit will automatically renew at maturity to a 24 month Certificate of Deposit. The automatic renewal provides a ten-day grace period immediately following the date of maturity during which the investor can withdraw funds without a penalty. This account will not renew if you withdraw the funds on the maturity date or if we receive written notice from you on or before the maturity date of your intention not to renew. We can prevent renewal if we mail notice to you at least 30 days before maturity. Interest will not be paid on the principal balance during the grace period if the Certificate is redeemed during this period. Each renewal term will be the same as the original term, beginning on the maturity date unless we notify you in writing, before the maturity date, of the different terms for renewal. The interest rate will be the most recent rate quoted for the specific term of the Certificate of Deposit.

Growth Certificate of Deposit - 12 month term

Rate information - The interest rate and annual percentage yield for this account are stated on the interest rate chart. The interest rate and annual percentage yield will be determined at the bank's discretion based on the following tiers: Tier 1: $100-$999.99. Tier 2: $1,000-$9,999.99. Tier 3: $10,000 and over. This is a variable rate account subject to change at the bank's discretion.
Interest information - Interest is compounded and credited quarterly. Stated Annual Percentage Yield assumes interest remains on deposit until maturity, and withdrawal of interest will reduce earnings. Interest is calculated using the daily balance method, which applies a daily periodic rate to the principal in the account each day. Interest on all CDs begins to accrue on the day of deposit. If you close your account before interest is credited, you will receive the accrued interest.
Minimum balance requirements - The minimum amount to open the Growth Certificate of Deposit and to obtain the annual percentage yield disclosed is $100.00.
Transaction limitations - Deposits may be made to this account in any amount at any time. You may have automatic deposits made from any checking or savings account. Interest will remain on deposit until maturity. You may withdraw at maturity without closing the account. The balance may not go below $100.00.
Early withdrawal penalty - We will impose a penalty if you withdraw any of the deposited funds before the maturity date. We will impose a penalty of seven days' interest if the withdrawal is made within the first six days after the deposit. Early withdrawal will result in the loss of 30 days interest on the amount withdrawn. The interest rate we will use to calculate the interest forfeiture will be the rate in effect on your account at the time of withdrawal. We reserve the right to treat any withdrawal which would reduce the balance remaining in the account below the required minimum initial deposit as a withdrawal of the entire account balance and calculate the amount of the penalty accordingly.
Renewal policy - Certificates of Deposit will automatically renew at maturity. The automatic renewal provides a ten-day grace period immediately following the date of maturity during which the investor can withdraw funds without a penalty. This account will not renew if you withdraw the balance on the maturity date or if we receive written notice from you on or before the maturity date of your intention not to renew. We can prevent renewal if we mail notice to you at least 30 days before maturity. Interest will not be paid on the principal balance during the grace period if the Certificate is redeemed during this period. Each renewal term will be the same as the original term, beginning on the maturity date unless we notify you in writing, before the maturity date, of the different terms for renewal. The interest rate will be the most recent rate quoted for the specific term of the Certificate of Deposit.