Certificates of Deposit
Valley Bank pays highly competitive interest rates on CDs and they are insured to $100,000 by the FDIC. Call for current interest rate quotes: 406-495-2400 or contact us through our website.

Savings & Money Markets



Account Type Minimum to Open Monthly Service Charge
Personal Savings
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$100  $2 if balance goes below $100 minimum 
Personal Savings
  • Interest compounded monthly
  • Quarterly statements
  • contact us for current rates
 
Minor Savings
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$25  $2 if balance goes below $25 minimum 
Minor Savings

A savings account for minors, up to the age of 18, then converts to Personal Savings

  • Interest compounded monthly
  • Quarterly statements
  • contact us for current rates
 
Money Market Deposit Account
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$2,500  $9 if balance goes below $2,500 minimum 
Money Market Deposit Account

Our traditional Money Market Deposit Account with a $2,500 minimum balance

  • Interest compounded and credited monthly
  • Easy-to-balance monthly statement
  • contact us for current rates
 
Millennium Money Market Deposit Account
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$10,000  $9 if balance goes below $10,000 minimum 
Millennium Money Market Deposit Account

A Money Market Deposit Account designed for larger balances, with a $10,000 minimum balance

  • Interest compounded and credited monthly
  • Easy-to-balance monthly statement
  • contact us for current rates
 

 

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Fees could reduce earnings on accounts.
Interest rates may change on account after opening.

Certificates of Deposit and Bank Investments
Valley Bank pays highly competitive interest rates on CDs and are insured to $100,000 by the FDIC. Call us for current interest rate quotes: (406) 492-2400 or e-mail us at vbonline@valleybankhelena.com.

Individual Retirement Accounts: Better Than Ever
Individual Retirement Accounts (IRA) create value for you to save for your retirement years.

Please call Valley Bank for more information on Individual Retirement Accounts. Valley Bank Flex IRA - start one today, then add to it whenever you wish.

Traditional IRA

  • Must have earned income and not reach age 70½ by end of year
  • Annual IRA contributions: $4,000 in 2006 and $4,000 in 2007 or 100% of compensation, whichever is less
  • Annual limit applies to any combination of IRA plans
  • Contributions are fully tax-deductible if you are not an active participant in an employer retirement plan
  • Contributions up to the limit are fully tax deductible if you are not an active participant in a retirement plan, otherwise phase-out rules apply
  • Investments grow on a tax-deferred basis
  • Earnings are taxed only upon withdrawal
  • Opportunity for early withdrawal - Ask us about special circumstances

Roth IRA

  • Contribute to a Roth IRA even after age 70 ½, with earned income
  • Contributions will not be tax deductible, but the contributions and earnings can be withdrawn tax-free
  • Same contribution limits as Traditional IRA listed above
  • No required minimum distributions after reaching age 70 ½
  • Convert your traditional IRA to a Roth IRA, to take withdrawals tax-free, but is subject to income tax now
  • Opportunity for early withdrawal - Ask us about special circumstances

Catch-up Contributions

  • If you have reached age 50, make additional $1,000 catch-up contributions per year to a Traditional or Roth IRA.

Health Savings Accounts

A Health Savings Account (HSA) is a savings account designed to assist individuals in saving for future medical and health expenses on a tax-free basis. Used in conjunction with a High Deductible Health Plan (HDHP), the money saved in the HSA can be used to help pay the high deductible or other qualified medical expenses.

    • NO set up fee!
    • Contributions are tax deductible
    • Distributions can be taken at any time
    • Account earns a competitive rate of interest - contact us for current rates
    • FREE Debit card available
  • Eligibility
      •Who’s eligible?
        oThose who are covered by a High Deductible Health Plan.
        oThose who are not enrolled in Medicare.
        oThose who are not a dependent on someone else’s tax return. (ie: children may not form their own HSA)

      •There are no income limits and no income requirements on who may contribute to an HSA.

      •What health coverage plans are allowed for eligibility on an HSA?
        o Dental care, accident and disability, vision care, long-term care insurance, and specific disease or illness insurances are allowed
        o Employee Assistance Programs, disease management program, or wellness program. (These programs cannot provide significant medical care or treatment benefits)
        o Drug Discount Cards
        o Eligibility for VA Benefits (cannot have received VA health Benefits in the last 3 months)

  • Contributing to your HSA
      •The 2008 maximum contribution for an individual is $2900. For a family, the maximum contribution is $5800.

      •Contributions may be made by the individual, the employer, or both.

      •If you are 55 or older, you can make an additional contribution of $900 in 2008.

      •Those who become newly eligible for a HSA during the year are entitled to the maximum contribution of the year (must remain eligible beginning December 1 of the year becoming eligible and ending on December 31 the following year).

For More Information Contact a Personal Banker at 495-2400
Member FDIC | Equal Housing Lender