Personal Savings, Money Market, Certificates of Deposit and Individual Retirement Account Accounts
Personal Money Market Account
Designed for individuals who want to earn higher returns on excess amounts of available cash
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- Minimum opening deposit: $0
- Minimum collected daily balance: $2,500
- Interest calculated: Daily
- Interest paid: Monthly
- Tiered Rates: Interest paid on tiered level based on balance levels
- Monthly maintenance fee: $10 if daily collected balance falls below $2,500
- Monthly transactions allowed: Federal Regulation D limits checks, telephone, online, overdraft and pre-authorized transfers to a maximum of six per calendar month.
- Other monthly fees: $10 if the account exceeds Federal Regulation D limits
- 24-hour online access: Yes
- Monthly Statements: Yes
- Free Electronic Statements
- $5.00 per month if concurrently enrolled in Online Banking
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Certificates of Deposit
BlueRidge Bank’s Certificates of Deposit combine competitive interest rates with a flexible range of terms to meet your investment goals, from thirty days up to five years. Available at a starting minimum deposit of just $500, a BlueRidge Bank CD is the most efficient way for you to earn higher returns on excess cash balances.
Individual Retirement Account Certificates of Deposit
A BlueRidge Bank IRA Certificate of Deposit is the safest way to earn a higher return on your retirement funds. Our IRA Certificates of Deposit offer a choice of terms of 1 to 5 years, so your savings are available when they’re needed. Best of all, you can open an IRA Savings Account for as little as $200, and make up to $6,000 in additional tax-deferred deposits throughout the year [limit adjusted annually to match IRS-allowable contribution levels].
Terms, conditions and disclosures
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