Minimum Opening Deposit
A $100.00 deposit is required to open this account.
$100.00
Account Restrictions
You must be 55 or older to open this account.
Seniors
Monthly Service Fee
$0.00
Debit Cards & Using ATMs
Debit Card
$0.00/yr
Surcharge-Free ATM Access
Can access any NYCE, VISA/PLUS Gobal ATM Network ATMs
Yes
Non-affiliated ATM Usage Fee
There is a $2.00 fee each time you use a non-affiliated ATM.
$2.00/per use
International ATM Usage Fee
There is a $5.00 fee each time you use a ATM in another country. In addition, there is a fee calculated as 3% of the total amount withdrawn.
$5.00/per use
Electronic & Telephone Banking
Online Bill Pay
Free
Mobile & Text Banking
Valley National Bank supports:- A text messaging service to view account balances, view recent activity, receive alerts;- A mobile-browser website to view account balances, view recent activity, transfer funds, pay bills, receive alerts.
Free
Deposit Checks with Mobile Phone
This feature is available on the iPhone, iPad, and Android mobile application.
Free
Person-to-Person Payments
Zelle
Free
Email Alerts
This Email Alert feature enables you to receive:- Warnings when your balance falls below a certain threshold;- Confirmation that bills have been paid.- Periodic balance updates.
Included with Online Banking
Automated Phone Banking
Free
Checks & Statements
Unlimited Check Writing
Yes
Free or Discounted Checks
No
Monthly Paper Statements
Yes
Check Images with Statements
$2.00 Monthly fee if any checks are paid during the month,the fee will not apply if the average monthly balance in the account is $999.00 or greater
$2.00/month
Online Statements
Yes
Online Check Images
Images of canceled checks can be viewed online.
Yes
Overdrawing the Account
Negative Balance Fee
A fee of $15.00 per day will be charged if account remains overdrawn for 5 consecutive business days
Yes
Returned Item Fee
The Insufficient Funds Fee is $36.00 per overdraft.