Start Saving The Way You Want
A smart saving strategy is something that will serve you well throughout your entire life. And the foundation of any smart saving strategy is the right savings account. At San Luis Valley Federal Bank, we give you several options to allow you to choose the savings account that works best for the way you save. If you’d like to open a savings account with us, click the link below.
Currently, San Luis Valley Federal Bank is only accepting deposit accounts within the 6 San Luis Valley counties (Alamosa, Conejos, Costilla, Mineral, Rio Grande, and Saguache).
Compare Our Savings Account Options
Account Name | Choose this account if… | What You Need to Know About This Account |
---|---|---|
SLVFB Savings | You want a basic savings account that offers easy access to your money. | Minimum $100 to open Unlimited transactions Debit card available Monthly service charge applies for balances below $100 |
Insured Money Market Account | You can maintain a higher balance and want to collect tiered interest. | Minimum $1,000 to open Allows 6 pre-authorized withdrawals per month Tiered interest rates Monthly service charge applies for balances below $1000 (Fee is waived if over the age of 50) |
Premium Insured Money Market Account | You want to earn an even higher tiered rate than is found in the standard insured money market account. | Minimum $1000 to open Allows 6 pre-authorized withdrawals per month Higher tiered interest rates than the regular Insured Money Market Account Additional eligibility requirements apply to open this account. Contact us to learn more Monthly service charge applies for balances below $1000 (Fee is waived if over the age of 50) |
Health Savings Account | You want to be able to save for qualified medical expenses and bridge the gap before your deductible kicks in. | Free VISA® Debit Card – or – Free box of checks No service fees Online Banking / Mobile banking access Online Bill payment Access |
Chipmunk Savings Account | If you want to teach your children the value of saving money. | Minimum $1.00 to open Free piggy bank Allows 6 pre-authorized withdrawals per month No minimum balance if under 13 years old |