Savings Accounts
Discover the benefit of compounded interest over time. AVB's Savings Account earns interest at a variable rate which is accrued daily. Based on your current balance, interest is compounded and paid quarterly. There is no quarterly service charge if a minimum balance is maintained, and you are provided up to 6 withdrawals per quarter.
You can also help your child learn the value of saving money. Open a savings account for your child with a very low opening deposit requirement. The account is free until age 18 and all service charges are waived during the first year plus, there are no transaction fees on withdrawals or deposits.