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Types Of Savings Deposit

 
Savings Account
Account Type Required Initial Deposit Required Minimum Monthly ADB Required ADB to earn interest Interest Rate
per annum below 5M ADB
Interest Rate
per annum above 5M ADB
Regular Savings ₱1,000.00 ₱1,000.00 ₱1,000.00 0.25% 0.40%
Kids and Teens Savings Account ₱100.00 ₱500.00 ₱500.00 0.25% 0.40%
Basic Deposit ₱100.00 None ₱500.00 0.25% 0.40%
ATM Savings ₱1,000.00 ₱1,000.00 ₱1,000.00 0.25% 0.40%
ATM Payrol Served Base on Agreement Base on Agreement ₱ 100.00 0.25% 0.40%
Checking/Current Account
Account Type Required Initial Deposit Required Minimum Monthly ADB Required ADB to earn interest Interest rate per annum
below 5M ADB
Interest rate per annum
above 5M ADB
Personal ₱5,000.00 ₱10,000.00 ₱10,000.00 0.25% 0.40%
Corporate ₱10,000 ₱10,000 ₱10,000 0.25% 0.40%
Terms Initial Amount Interest Rate
per annum
3 months ₱ 5,000.00 2.75% gross
6 months ₱ 5,000.00 3.00% gross
1 year ₱ 50,000.00 3.50% gross
1 year ₱ 5,000.00 5.00% gross - until December 31,2022
Terms Initial Amount Interest Rate
per annum
5 years and 1 day
half yearly
₱ 50,000.00 5.00% net-interest credited to savings account semi-annually
5 years and 1 day
Annually
₱ 50,000.00 5.5% net-interest credited to savings account annually
5 years and 1 day ₱ 50,000.00 5.5% net-interest credited upon maturity

News & Advisories

Requirements for Account Opening-Corporate

  • Sec Certificate of Registration
  • Notarized Secretary Certificate
  • Articles Of Incorporation & By-Laws
  • Notarized Board Resolution to open an account with 1vb, election of officers and authorized signatories
  • Two Valid IDs of Signatories
  • Three recent 2x2 picture of Signatories
  • Business Permit
  • General Information Sheet

Requirements for Account Opening-Individual

  • Colored photocopy of 2 Valid IDs
  • Three pieces 2x2 pictures
  • If you have business - Business Permit, DTI Permit

Newly Opened Branch!

  • Panabo Branch
  • Door 1 & 2 Liong Kang Bldg., Daang Maharlika Cor. Panabo Wharf Road, Panabo City Davao dek Norte
  • Maragusan Branch
  • Purok Falcata, Poblacion, maragusan, Davao de Oro

Soon to open Branch!

  • Surallah Branch
  • Surallah, South Cotabato :Minas Building land located at J. P. Laurel Poblacion Surallah, South Cotabato, Philippines

Customer Information

    Call Us: (088) 881 5097 | 0917 820 8542

    Email Us: consumerprotection@1vb.com.ph

1st Valley Bank Is In Partnership With

Member :  Deposits are insured by PDIC up to ₱500,000 per depositor

Supervised by: