Personal Banking

No two customers are the same.
Neither Are Their Banking Needs.

For more than a century, Bank of Floyd has helped families in our community protect, nurture and invest their money wisely in good and bad times. Whether you're just starting out, buying a home, planning for retirement or simply wanting to prepare for what's next, we offer a wide array of checking, savings and loan options.

Neighbors helping neighbors. That's what we do. Experience the Difference at Bank of Floyd. Click below to learn more. Checking Savings Loans Banking Online Other Products & Services

Checking

The KISS Principle:
Keep It Simple and Straightforward (and Smart, too).

Whether you want a no-frills checking account or one that pays interest, we make it easy to bank your way. And because we believe in doing right by our neighbors, there are never any hidden fees or surcharges at Bank of Floyd. Just simple, straightforward and smart checking options.

Sound good? We thought so.

Regular Checking

• Minimum deposit to open: $50
• No monthly minimum balance requirement
• No monthly maintenance fee
• Unlimited check writing with no per check fees
• Monthly check image statement

SUPER NOW Checking

• Minimum deposit to open: $500
• No monthly service charge for daily balances of $500
• Tiered interest rates | Higher balances earn higher interest rates
• Unlimited check writing with no per check fees
• Monthly check image statement

Order Checks

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Savings

A marathon, not a sprint.

Managing your money wisely for the long haul requires a blend of patience, foresight and smart decision-making. Whether you're saving for vacation, college, retirement or just a rainy day, we offer a range of flexible options to help you safeguard and grow your hard-earned money.

Bank of Floyd: For today...and tomorrow.

Money Market Account

• Minimum deposit to open: $1,000
• No monthly service charge on daily balances of $1,000 or more
• Tiered interest rates - higher balances earn higher interest rates
• Interest compounded and paid monthly
• ATM-accessible
• Monthly check image statement

You may make six (6) preauthorized or automatic transfers or withdrawals from your account each four (4) week or similar period, including ACH, bill pay, online banking transfers and transfers by check, debit card or similar order payable to a third party.

Money Market Silver Account

• Highest yields for largest balances
• Minimum deposit to open: $1,000
• No monthly service charge on daily balances of $1,000
• Tiered interest rates | Higher balances earn higher interest rates
• Interest compounded and paid monthly
• ATM-accessible
• Monthly check image statement

You may make six (6) preauthorized or automatic transfers or withdrawals from your account each four (4) week or similar period, including ACH, bill pay, online banking transfers and transfers by check, debit card or similar order payable to a third party.

Statement Savings

• Minimum deposit to open: $100
• No monthly service charge for daily balances of $100
• Interest compounded and paid quarterly
• Six (6) free withdrawals per month
• ATM-accessible
• Quarterly statement (or combined with your monthly check image statement)

Junior Statement Savings

• Minimum deposit to open: $25
• No minimum balance requirement until age 18
• Interest compounded and paid quarterly
• Quarterly statement

Certificates of Deposit

• Receive guaranteed earnings at competitive rates
• Maturities from three (3) to sixty (60) months
• Minimum deposit to open as low as $500
• Penalty for early withdrawal
• One-up interest rate and "no penalty" CDs are available

Individual Retirement Accounts (IRA)

Traditional IRA

• Minimum deposit to open an "Open Investment Account": $25
• Minimum deposit to open a "Single Deposit Account": $500
• Funds are tax deferred until withdrawal
• May be eligible as tax deduction
• Additional deposits as low as $25 may be made
• Penalty for early withdrawal if less than 59 1/2 years of age
• Separate FDIC Insurance up to $250,000

Roth IRA

• Minimum deposit to open: $25
• Additional deposits as low as $25 may be made
• Can make contributions after 70 1/2 with earned income
• Not required to take minimum distribution at 70 1/2
• Penalty for early withdrawal if less than 59 1/2 years of age
• Separate FDIC Insurance up to $250,000

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Loans

Your Dreams + Bank of Floyd: A Winning Combination

Want to finance a large purchase? No worries, Bank of Floyd has your back.

We offer:

• Prompt and efficient loan decisions made by neighbors you know
• Highly competitive rates
• Affordable repayment schedules
• Flexible loan structures
• Automatic debit plans

Home Loans

Local Control Means Fast, Fair Decisions by Your Neighbors

Home Equity Options

Our home equity options allow you to take advantage of the great rates and tax benefits that borrowing based on your home's equity may provide. You can use your credit line or fixed rate loan to help cover the cost of everything from college tuition or a steep medical bill to a new car or that home improvement project you've been mulling for years.

We'll be delighted to sit down with you and help design a loan package that's right for you.

Home Equity Lines of Credit

• 20-year term
• Affordable fixed monthly payments
• Bank of Floyd will cover up to $450 of the closing cost
• Loan amounts range from $10,000 to $150,000
• Access funds by writing a check at the teller window, or through online banking (minimum advance of $100)
• Interest paid may be tax deductible (you should consult a tax specialist to be sure)

Home Equity Loan

• Affordable fixed monthly payments
• Variable terms available
• Flexible loan terms
• Receive money in one lump sum
• Security of a fixed rate loan
• Interest paid may be tax deductible (you should consult a tax specialist to be sure)

Home Mortgage Loans

Buying a home is the biggest purchase most of us will ever make. Let us help you make the most of it with our suite of mortgage options. Whether it's a starter home, a larger house to accommodate a growing family or a hard-earned vacation home, Bank of Floyd is to help you unlock the front door and move right in.

• Conventional Fixed Rate Mortgages
• FHA Fixed and Adjustable Rate Mortgages
• VA Fixed Mortgages: 100% financing available
• USDA Mortgages
• Jumbo Fixed Mortgages
• Libor Jumbo ARM Mortgages
• Manufactured/Modular home financing
• Land/Lot Loans Purchase and Refinance
• Farm Loans
• Construction Loans for Owner-Occupied Properties

Other Personal Loans

• Auto Loans
• Collateral Loans
• Debt Consolidation Loans
• Education Loans
• Recreational Equipment Loans
• Vacation Loans
• Visa® Credit Cards

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Banking Online

Money Management at Your Fingertips

Online Banking

Life today is 24/7 for many of us. We understand. That's why we offer secure, online access to your Bank of Floyd accounts.

Click Enroll Now and enjoy the convenience of banking when you want.

• View real-time account balances, history and check images
• Enjoy 24-hour access to checking, savings, loans and CDs
• Export history to financial software or spreadsheets
• Transfer funds between accounts
• Pay bills online
• Transfer money to friends and family using Popmoney
• Bank safely through our enhanced online security

Click below to learn more.

• Bill Pay
• Popmoney
• Mobile Banking

Bill Pay

The fast, easy way to pay bills anytime and anywhere. With Bill Pay, you can:

• Search for vendors. Add new vendors simply by typing in the company name. If a match is found in the database, the vendor's information will be added automatically. No more hunting down mailing addresses. Simply enter your account number, and add your bills to be paid.
• Set up reminders. Never make a late payment again. When you set up reminders, you'll receive a message telling you when your payment is due.
• Pay from multiple accounts. Choose which checking account to pay your bills from.
• Schedule recurring payments. Save time and streamline your monthly bills by setting up recurring payments. This is a great option for payments that don't change from month to month such as your car payment or mortgage.
• See it all at a glance! The Payment Center dashboard lets you make payments and view pending payments, recent payments and your bill reminders on one screen.

And with Bill Pay, you have access to Popmoney.

Popmoney

Email it. Text it. Pay people anytime with Popmoney.

Popmoney is an innovative personal payment service that eliminates the hassles of checks and cash. Now, sending and receiving money is as easy as emailing and texting.

With Popmoney you can send money to friends, family or almost anyone. All you need is their name and email address or mobile telephone number to move money from your bank account to theirs.

Popmoney is easy and convenient for everyone. Users simply receive money in their eligible account online at their bank (if it's a member of the Popmoney network) or at Popmoney.com, saving them a trip to the bank or ATM.

How can you use Popmoney? Like this:

• Send money to your child at college
• Pay your babysitter or lawn care service
• Send a gift to family or friends
• Reimburse friends for a fun outing
• Pay rent to your landlord or roommates

Already enrolled in Bill Pay? It's easy to use Popmoney.

1. Login to your Online Banking account.
2. Select the "Pay Bills" tab.
3. Click the "Popmoney" tab.

Not signed up for Online Banking and Bill Pay yet? Sign up today! Click Enroll Now.

Mobile Banking

It's like having Bank of Floyd in your back pocket.

Carry your smartphone with you everywhere you go? Bank of Floyd understands. That's why we make it easy for you to access your accounts securely anywhere, anytime from your smartphone. Take advantage of online banking and bill pay features easily through your mobile browser. You can even get account updates via text messages.

• View your balances and recent transactions
• Transfer money between your accounts
• Pay bills (via the app and browser only)
• Locate our nearest branch or ATM

(Please note that message and data rates may apply depending on your mobile plan.)

With Mobile Banking, your information is fully secure. With multiple layers of authentication, you'll never have to worry about the wrong people getting your information. A personal password and phone activation code keep your information safe.

For iPhone, Android and Blackberry users, you can download an app for customized online banking (and we're developing apps for other phone models).

Mobile Banking is available to anyone currently enrolled for our Internet Banking service. Just login to your account and enroll using any device other than your mobile phone for Mobile Banking. You will need to have your mobile phone with you during the enrollment process. Visit our Online Education Center for detailed enrollment instructions or stop in your local branch and we'll help you enroll.

Enroll in Mobile Banking today!

Click here to access our online demos of some of Bank of Floyd's online banking services.

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Other Products & Services

Everything you need from people you know and trust.

Bank of Floyd offers a host of products and services to make your banking as convenient and worry-free as possible. Other products & services include:

• 24-Hour ATMs
• Visa® Debit Cards
• Combined Statements
• Cash Advances
• Safe Deposit Boxes
• U. S. Savings Bond Redemption
• Wire Transfers
• Night Depository
• Credit Cards

Please contact your local branch to inquire about the availability of these and other convenient services.