Elkhorn Valley Bank offers a fair selection of account options. To find out if Elkhorn Valley Bank is right for you, continue reading the review below.
They don’t offer a large variety in any of their accounts so if you are someone who likes simplicity when it comes to banking, you might prefer their products.
Checking Account Options
Elkhorn Valley Bank offers a decent variety of checking accounts that are pretty straightforward.
Their checking accounts come with the standard features that most accounts have.
You can open this checking account with $100.
There are no monthly fees nor minimum balance requirements.
You will need $100 to open this account.
If you maintain a daily balance of $5,000, you can waive the $6 monthly fee.
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Savings Account Options
Elkhorn Valley Bank only has one savings account that is pretty standard and doesn’t really offer much.
You need $100 to open this account.
You can avoid the quarterly fee of $5 if you keep a daily balance of $5,000.
An account designed for kids 18 aYou can open this account with $25.
If you maintain a daily balance of $25, you can waive the $2 quarterly fee.
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Money Market Account Options
Money Market accounts allow for a higher yield and gives access to your funds with either checks or a bankcard.
Elkhorn Valley Bank has one money market accounts that earns competitive interest rates.
Money Market Account:
- Open this account with $2,500
- Waive the $5 monthly fee by maintaining a daily balance of $2,500
- Earns tiered interest rates
- Up to 6 withdrawals
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Reasons to Bank with Elkhorn Valley Bank
- Good ratio of checking to savings accounts.
- Offers a youth savings account.
- They have a free checking account.
- Conduct all your banking online or through the Elkhorn Valley Bank mobile app.
Reasons Not to Bank with Elkhorn Valley Bank
- They are on located in Nebraska with only 10 total banks.
- Requires high minimum balance requirements for low variety of options.
- They could earn slightly higher interest rates on their savings accounts.
- Lack of variety with their savings accounts.
- Lacking a senior checking or savings account.
Elkhorn Valley Bank Routing Number
The routing number for Elkhorn Valley Bank varies depending on state and regions. You can also check the lower left corner of your Elkhorn Valley Bank check.
Contact Customer Service
You can reach Elkhorn Valley Bank at (402) 371-0722.
How Elkhorn Valley Bank Compares
- Chase Bank: Chase is one of the biggest banks in the U.S and offers just about almost everything. Compared to its other competitors, Chase offers much more checking account options.
- Discover Bank: Discover Bank is also an online nationwide bank that offers bonuses for their checking and savings accounts! You can earn cash back rewards when you open a checking account and generous bonuses for opening a savings one.
- Wells Fargo: Located throughout the US with over 5,800 branches and 13,000 ATMs. They offer a variety of deposits accounts, including accounts for teens and customers who need a second chance.
Bottom Line
Overall, if you happen to live in Nebraska and aren’t looking for anything too complex when opening a checking or savings account, then consider Elkhorn Valley Bank.
They have an equal amount of checking and savings accounts, but in terms of anything unique, it’s hard to come by. It seems that they are also designed for those who enjoy simplistic options.
They only notable thing is that they have a kids savings account for both parents and the kids.
However, keep in mind that when you look for a checking or savings account be sure to look into all the fees charged. Don’t focus on the interest rate alone, but on what the account will cost you overall.
If Elkhorn Valley Bank has the variety and options you’re looking for, apply today! For more options from a variety of banks, see our list of the best bank promotions!
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