Personal Savings Options

This is a great account for setting money aside for a special purpose or keeping savings separate from other funds.

• No average balance requirement.
• No monthly service charges.
• Interest is paid on balances of $100.00 and above.
• Unlimited teller-line withdrawals and ATM withdrawals are permitted.

Open a New Account

The Federal Reserve has made their temporary action now permanent. It is still up to banks whether or not they continue this monitoring, but in an effort to truly Take Care of our customers Bank of Botetourt will no longer enforce transfer or withdrawal limits on savings or Money Market accounts.

Our Kids$ave Account allows children (Under 18) and their parents or guardians to save for their future. This account helps young people to understand the value of saving money and teaches them how earning interest can increase their savings.

• There is no average balance requirement to obtain the disclosed APY.
• Children will earn interest on every dollar deposited.
• Unlimited teller-line withdrawals and ATM withdrawals are permitted. Children can select their own savings register book from an assortment of fun kids' designs.
• The Federal Reserve has made their temporary action now permanent. It is still up to banks whether or not they continue this monitoring, but in an effort to truly Take Care of our customers Bank of Botetourt will no longer enforce transfer or withdrawal limits on savings or Money Market accounts.

This is a great account for those with limited transaction activity who want to earn higher interest rates. Tiered interest rates allow you to earn competitive rates on different account balances.

• An opening deposit of $2,500 is required.
• An average balance of $2,500 must be maintained to avoid being charged monthly maintenance fees of $10.00 per month.
• Bank of Botetourt will no longer limit the number of pre-authorized transfers or withdrawals that may be completed from your Money Market account. Additionally, there will no longer be a Service Charge imposed when more than six pre-authorized transactions are completed in a calendar month.
• Check today's Savings Rates

With Bank of Botetourt’s Pocket Change, items you purchase with your Bank of Botetourt Visa^® Debit Card may automatically add up to more savings for you.

Enrolling in Pocket Change will:

• Round your balance or purchase to the nearest dollar.
• Transfer the difference from your checking to savings account.
• Track your savings in Online Banking.

How it works:

Option 1:

• Round up after each purchase.
• Pocket your change after every purchase by rounding up to the nearest dollar.

Option 2:

• Round down at the end-of-day balance.
• Pocket your change at the end of day, rounding the remaining change down to the nearest dollar.

How to Enroll:

Contact your local branch office to sign up! Start saving today!

• Minimum opening deposit $2,500.
• Guaranteed interest rate for the term of the CD.
• Interest is compounded and paid at maturity.
• Monthly interest payments are available for CD's of $5,000 or more.
• Penalty for early withdrawal is six (6) months interest.

• Minimum opening deposit $500.
• Guaranteed interest rate for the term of the CD.
• Interest is compounded and paid quarterly.
• Monthly interest payments are available for CD's of $5,000 or more.
• Penalty for early withdrawal is nine (9) months.

• Minimum opening deposit $500.
• Guaranteed interest rate for the term of the CD.
• Interest is compounded and paid quarterly.
• Monthly interest payments are available for CD's of $5,000 or more.
• Penalty for early withdrawal is twelve (12) months.

With a No Penalty CD you have a guaranteed interest rate and access to your funds when you need it.

• Minimum opening deposit $5000.
• Guaranteed interest rate for one (1) year.
• Interest is compounded quarterly.
• Monthly or quarterly interest payments are available.
• One no penalty withdrawal after seven (7) days.

The current standard FDIC insurance maximum is $250,000. Traditionally, if you had more than that, your excess funds were probably uninsured. Until now! We're proud to offer CDARS, the Certificate of Deposit Account Registry Service^®. With CDARS, you can access FDIC insurance on your CD deposits, up to $50 million*! Best of all, once you're enrolled, there's no cumbersome paperwork ... we take care of it all and send you a comprehensive monthly statement. Simple and safe ... the perfect savings plan.

• Minimum opening deposit $100.
• Guaranteed interest rate for the term of the CD.
• Interest is compounded and paid quarterly.
• Penalty for early withdrawal is six (6) months interest.

• Minimum opening deposit $100
• Guaranteed interest rate for the term of the IRA.
• Interest is compounded and paid quarterly.
• Penalty for early withdrawal is nine (9) months.

• Minimum opening deposit $100.
• Guaranteed interest rate for the term of the IRA.
• Interest is compounded and paid quarterly.
• Penalty for early withdrawal is twelve (12) months.