Savings Accounts

We all have different goals.

Whether you are saving for a rainy day or putting money away for a specific purpose, we want to help make saving money easy and hassle free.  We offer a variety of savings accounts so if you aren’t sure which is the right fit for your needs, one of our customer service representatives can help you find your ideal savings account.

Savings Account Options:

Passbook Savings

If you are just getting started on the path to savings, our passbook savings account is a great start. The account is easy to establish, if you’ve got $10, we can get you started saving (and earning interest) today!*

Statement Savings
If you are looking for a bit more access to the money you are setting aside, a statement savings account is a good place to start.With this type of account, you gain access to our ATM machines plus, you have the ability to manage your accounts via online banking and telephone banking (including transfers between statement accounts).Plus you will receive monthly statements detailing account activity.* Get started today with just $10.

Youth Savings Account

Our youth savings account is a great way for little ones to learn about saving money. The account can be opened and begin earning interest with a deposit of $100, and the account holder receives a Birthday Bonus equal to $2.00 for each year of the child’s age until they turn 18!Once they are 18 the account will automatically be converted to our statement savings account*

Holiday Club

A Holiday Club Account is an easy way to set money aside for the holiday season so that the end of the year festivities don’t leave you going broke! You only need $10 to open an account and are only required to maintain a $10 minimum balance. On the 3rd Friday of October, we’ll cut you a check in the amount you’ve saved over the course of the year.

All Purpose Club

An All Purpose Club Account is another great way to set money aside and save for a special purpose. You only need $10 to open an account and are only required to maintain a $10 minimum balance. Checks will be cut or funds will be automatically deposited at the end of the club account period which will be designated ahead of time.

For the most up to date rate information click Deposit Rates

*Regulation D – Regulation D is a directive of the Federal Government, not Wallkill Valley Federal Savings & Loan

You may make no more than six transfers and withdrawals, or a combination of such transfers and withdrawals, per calendar month or statement cycle of at least four weeks, from a non-transaction account (Savings and Money Market) to another account or to a third party by means of preauthorized or automatic transfer, or telephonic agreement, order or institution, or by check, draft, debit card, or similar order made by the depositor and payable to third parties.