This account is for individuals and families and has no service charge when the average monthly balance remains above $200. There is a $5.00 monthly service charge if the account averages less than $200 for the month.
There are no monthly service charges for Business Checking accounts at Villa Grove State Bank. A deposit stamp is provided at no charge.
If you’re 55 or over, and maintain an average daily balance of $1,500 in any combination of Savings, Certificate of Deposit, or IRA accounts, you’re eligible for a Freedom 55 Account which offers the following complimentary services: an interest-bearing checking account, personalized checks, cashier’s checks, money orders, a small safe deposit box, notary and signature guarantee service, and photocopies.
Enjoy the benefits of a checking account that pays interest with a Villa Grove State Bank NOW Account. With a $1,000 average balance, a NOW Account is available at no charge. However, when the balance averages less than $1,000, the following service charges apply:
If more than 10 checks are written each month, there is an additional charge of 15¢ for each extra check. However, if the average balance for the month is $2,000, no check charge is imposed.
Special Checking is available to people under age 21 or over age 62 and is designed for individuals who write no more than 10 checks each month. For any month when more than 10 checks are written and the average balance falls below $200, there is a $5.00 service charge. For those customers who have direct deposit of a Social Security check to this account, there is never a service charge, regardless of the balance.
Villa Grove State Bank now offers a chip-enabled debit card. A chip card, also known as an EMV card, adds an extra layer of security when you pay. Customers can enjoy the convenience of a Fiserv EFT MasterCard to access your checking account anywhere the MasterCard or Cirrus logo is accepted, now with added security! Chip cards will be issued when your current card expires, so there is nothing additional our customers need to do to receive the new card.