Account Types
Learn more about the available account types Valwood offers.Savings Account
This is your basic savings account. This account is a requirement for your membership and must maintain a minimum balance of $25.00 in order for you to remain a member.
Our Debit Card is now available to members with just a savings account. Fax your completed Debit Card application to us at: 972-245-6783.
Notice: As of May 1, 2015, there will be a $1.00 monthly fee for members that have a debit card, and only have a savings account, unless the minimum aggregate balance in the account is at least $5000.00 during the entire month.
Go Checking
- FREE CHECKING
- FREE Home Banking
- FREE Starter Box of Checks
- Courtesy Pay
- / Overdraft Protection *
- No Balance Requirements
"Go-Power" Checking
- FREE CHECKING
- FREE Home Banking
- FREE Bill Pay
- FREE Starter Box of Checks
- EARNS DIVIDENDS
- Courtesy Pay
- / Overdraft Protection *
- Debit Card Monthly Fee Waived
- Requires a Minimum Balance of $1,500.00
- “Auto Adust”: Automatically earns dividends if the minimum balance of $1500.00 is maintained during the entire month.
"Go-Direct" Checking
- FREE CHECKING
- FREE Home Banking
- FREE Bill Pay
- FREE Starter Box of Checks
- Courtesy Pay
- /Overdraft Protection *
- Debit Card Monthly Fee Waived
- Requires Direct Deposits each month of $500.00 or a 500.00 Minimum Balance
* restrictions may apply. **For referral reward, new account must remain open for at least 60 days without NSF or other inappropriate activity. Dividend rates are subject to change on a weekly basis.
I R A
Our Individual Retirement Accounts have NO management fee, competitive rates and NO minimum to open.Certificate of Deposit
You can open a Share Certificate account for as little as $1000.00. This will give you an opportunity to earn a higher dividend on your money. This account also qualifies for I R A deposits.Christmas Club Account
Get ready for the Holidays and earn a higher dividend rate on your savings.Withdrawals from your Christmas Club Account can only be made after October and before January of the New Year.