Bank Rates at Nodaway Valley Bank Missouri

For 140 years Nodaway Valley Bank has provided continuous service to Northwest Missouri.  Nodaway Valley Bank was founded in Maryville, Missouri, in 1868.  Nodaway Valley Bank is the largest independently owned and operated bank in Northwest Missouri.  The bank has nine bank branches serving this region.  The Nodaway Valley Bank has been FDIC insured since January 1, 1934.  The bank is chartered as a Federal Reserve Non-member bank and the primary regulator of the bank is the Federal Deposit Insurance Corporation (FDIC).

In 2003, the bank merged in The Heritage Bank of St. Joseph, adding four full-service facilities in St. Joseph, and creating the largest privately-owned bank in Northwest Missouri, with assets in excess of $500 million.  In 2007, Nodaway Valley Bank acquired the Exchange Bank of Mound City and now serves Northwest Missouri with nine locations and 19 ATM’s.

As of the end of September 2008, the bank had assets of $629,165,000.  During that same time, the bank’s non current loans as a percent of total loans and leases was a stunningly low 0.06%.  Through the first nine months of 2008 the bank had net income $7,835,000. 

Nodaway Valley Bank offers a variety of consumer and business deposit and loan products.  The bank has several personal checking accounts from which consumer can choose to obtain the account plan that best fits their needs and budget.  The bank has traditional savings accounts to increase interest earning opportunities.  To further expand the products available for maximum interest earning opportunities the bank has promotional CDs that pay premium rates on maturities of 7 to 55 months.

Nodaway Valley Bank also makes loans to individuals, professionals, proprietors, partnerships, farmers and businesses of all sizes.  Whether the customer needs money for a major purchase, home improvement, college expense or other personal need, the bank has loan options.  Nodaway Valley Bank originates residential real estate loans for construction, purchase or re-finance, secured by a first lien on the property.  The bank offers competitive interest rates and terms on loans to finance the purchase of new/used cars and trucks, as well as recreational equipment.  Specifically for business customers, the bank provides lines of credit for working capital, as well as term loans for equipment and real estate purchases

Promotional CDs currently being promoted by the bank include:

7 month certificate of deposit has an interest rate of 2.26% APY
13 month certificate of deposit earns an interest rate of 2.55% APY
25 month certificate of deposit yields an interest rate of 2.75% APY
37 month certificate of deposit rate is 3.10% APY
55 month certificate of deposit has an interest rate of 3.30% APY

Bank rates and CD rates are reviewed weekly and subject to change anytime at the bank’s discretion prior to opening the accounts.  For current bank interest rates and account details a bank representative can be reached at 877-217-4682.  CD rates, money market rates and savings rates are posted on the bank website along with bank information as well as account particulars; the bank web address is www.nodawayvalleybank.com.

Tags: bank rates, Banks, CD rates, CD rates Missouri, checking accounts, interest rates, Missouri bank, money market account, Nodaway Valley Bank, savings

This entry was posted on Thursday, February 12th, 2009 at 10:30 pm and is filed under Bank Promotions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.