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The choice of investments for your retirement funds is never easy. The funds you have saved for your retirement deserve special attention. How much you save and the returns on those funds may be the difference between being able to have the lifestyle you want during retirement or being forced to accept something less. We have many options for your money and want to help you manage your money in the best way possible. This time in your life may be the most enjoyable and relaxing. We want to help you enjoy the ride.

SingleSolution Checking™

Our SingleSolution Checking Account is the only account you'll ever need. It is a checking account that rewards higher account balances with higher interest rates.

  • Interest bearing checking where your rate increases with your balance! See a Personal Banker for the most current rates.
  • May be opened with a deposit of $100
  • There is a minimum daily balance of $500 or an average daily balance of $1,500 required to avoid a monthly service charge of $10
  • FREE first order of specialty checks¹
  • Unlimited check writing

Platinum Preferred Checking Account®

This account is for people 50 years and older that incorporates the attributes of a Senior NOW Checking, and the added benefits of a “Club” Account. Enroll in a Platinum Preferred Account and receive a great checking product plus a host of free and discounted products and services!

Features/Benefits

  • Free interest bearing checking
  • No minimum balance and no monthly fee*
  • Tiered account interest - the higher the balance, the higher the rate
  • FREE first order of specialty imprinted checks**
  • NO ANNUAL FEE ATM or MasterCard debit card
  • Free access to SUM and MoneyPass ATMs in the Chicagoland area
  • FREE single signature traveler's checks, money orders and cashier's checks
  • FREE Notary Services
  • FREE Online Banking and Telebank
  • FREE Bill Pay
  • FREE Quicken and Microsoft Money download capabilities
  • 10 FREE photocopies or local fax transmissions per month

 

Minimum Opening Balance:  $1.00
Monthly Maintenance Fee: None
Check Writing: Unlimited
Interest Rate Tiers

$1.00 - $4,999.99
$5,000.00 & Over

This account features check imaging.


*Overdraft charges and fees for special services may apply.

**Limitations apply on type of check and quantity ordered. 

Platinum Preferred Savings Account®

Like the Junior Savings Account, there is no minimum balance requirement when you are 50 years of age or more. This interest-earning account is available in statement format.

Minimum Opening Balance$1.00
Minimum Balance RequiredNone
Excess Withdrawal Fee
6 per month / 18 per quarter
$3.00 each**

 

Interest Earning Accounts

The daily balance method of calculating interest is used on all interest bearing accounts. This method applies a daily period rate to the principal in the account each day. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (checks). At our discretion, the interest rate or annual percentage yield may change without prior notice on variable rate accounts.

Withdrawal Limits

**Federal regulation allows for a maximum of 6 per month /18 per quarter pre-authorized, automatic, or telephone transfers each month, with unlimited in-person, ATM or by mail withdrawals permitted.

CDARS® Account

CDARS® – the Certificate of Deposit Account Registry Service® – is the most convenient way for safety-conscious investors to access FDIC insurance on multi-million-dollar deposits.

We offer innovative deposit solutions to enable you to have access to multiple million dollars on deposit at one bank. Through the CDARS, our bank places deposits into secure, FDIC insured accounts. Having your funds placed through CDARS could not be any easier or convenient! Stop by either of our branches or click here for more information!

Certificates of Deposit

A Village Bank & Trust Certificate of Deposit is a great saving choice for those who don't need access to their accounts for a fixed period of time. We have CDs ranging from 31 days to 5 years with very competitive rates. Start a CD today and plan for the future!

Minimum Opening Balance $1,000.00

 

Interest Earning Accounts

The daily balance method of calculating interest is used on all interest bearing accounts. This method applies a daily period rate to the principal in the account each day. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (checks). At our discretion, the interest rate or annual percentage yield may change without prior notice on variable rate accounts.

High Rise Savings Account

Take your savings rates to NEW HEIGHTS! The higher your balance, the higher the interest rate!  

Minimum Opening Balance $5,000.00
Minimum Daily Balance $5,000.00
Monthly Maintenance Fee if Balance falls below minimum $25.00
Excess Withdrawal Fee
6 per month/18 per quarter
$3.00 each**
Interest Rate Tiers $5,000.00 – 24,999.99
$25,000.00 – 49,999.99 
$50,000.00 or more


This account requires a checking account with direct deposit to qualify.

 

Required Daily Balance

*For service charge purposes, the average monthly balance is calculated by the aggregate balance for the month divided by the number of days in the month.

Interest Earning Accounts

The daily balance method of calculating interest is used on all interest bearing accounts. This method applies a daily period rate to the principal in the account each day. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (checks). At our discretion, the interest rate or annual percentage yield may change without prior notice on variable rate accounts.

Withdrawal Limits

**Federal regulation allows for a maximum of six (6) pre-authorized, automatic, or telephone transfers each month, with unlimited in-person, ATM or by mail withdrawals permitted.

Individual Retirement Accounts (IRAs)

Looking forward to the day you can retire and finally do all the things you wanted to? Allow Village Bank & Trust to help you plan for your retirement. Choose one of our Certificates of Deposit as the perfect place to invest in your retirement. We offer competitive rates, a choice of terms and securities of FDIC insurance

Minimum Opening Balance$1,000.00

Please consult your tax advisor for the maximum deposit allowed by law.

 

Interest Earning Accounts

The daily balance method of calculating interest is used on all interest bearing accounts. This method applies a daily period rate to the principal in the account each day. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (checks). At our discretion, the interest rate or annual percentage yield may change without prior notice on variable rate accounts.

Mortgages

While some community banks may not be known for full service mortgage lending operations, we have it all: years of experience, hundreds of loan programs and pricing options, all coupled with the client-focused service that you have come to know from us. Our mortgage professionals have weathered the ever-changing real estate market. To complement the basic Conventional, FHA and VA Programs, we are positioned to meet the needs of the continually evolving market demands.

Our highly skilled staff is dedicated to providing service that exceeds the expectations of the customer. By staying abreast of technological advancements, our mortgage professionals can provide low-cost products and services to our customers. As a result, you will find your experience with us surpasses that of any other lender you have dealt with in the past.

Loan Programs include:

  • We Offer a Complete Line of Loan Programs for Every Buyer
  • Pre-Qualifications Seven Days a Week
  • Fixed and Adjustable Rate Mortgages
  • Jumbo Loans
  • FNMA and FHLMC Conventional Financing
  • FHLMC, FHA & VA
  • 2nd Mortgages and Home Equity Lines of Credit (HELOC)
  • HECM or Home Equity Conversion Mortgages - “Reverse Mortgages” Available in Most States

Contact Us

If you are interested in a mortgage, please contact us at (847) 670-1000. If you would like to apply online, please click here.



Mortgage Lending is provided through our affiliate Wintrust Mortgage. Wintrust Mortgage is an Equal Opportunity Employer and an Equal Housing Lender.
Wintrust Mortgage is a division of Barrington Bank & Trust, N.A., NMLS #449042, a Wintrust Community Bank.


 

Refinancing

Our mortgage and banking professionals are here to guide you through the refinancing process and make your experience as easy as possible. Depending on your current mortgage or home equity situation, refinancing may be an attractive option.

By refinancing with us, you may be able to:

  • Lower your current rate
  • Extend repayment period
  • Reduce risk
  • Lower your current payment 

Contact Us

By allowing us to handle your refinancing needs, you’re placing your trust with experienced mortgage and banking teams that understand the local communities and surrounding markets.

We encourage you to stop by the bank or feel free to contact us if you have any questions.

You may also be interested in:

Platinum Adventures® Club

What is Platinum Adventures? 

Have you turned the big 5-0?  Are you ready to enjoy what life has to offer?  If so, Platinum Adventures is for you!  Platinum Adventures Travel and Social Club was designed for our customers, like you who choose to experience the "very best" in all that they do!  There is no cost to be a member, as long as you maintain $5,000.00 in deposits at the bank with an active checking account.

We are offering several day trips, as well as domestic and international tours!  This is a unique program that is customized to make sure that we go to places that you want to go to.  You can have an active voice in the direction that the club takes by making your requests known to us. 

Kay Olivo, director of Platinum Adventures, is looking forward to making this club a success.  Kay is an experienced personal banker who will be able to assist you with your financial needs as well as plan a great vacation for you in 2012!  "We want to make sure that all of the trips that we plan are customer picks, not a cookie-cutter list of travel options you get with other clubs.  The sky is the limit for us and we want to hear from you!" Kay stated at a recent Bank Open House.  "I am very excited to work with everyone!"

Kay is located at our Midtown Office (311 S. Arlington Heights Road) and can be reached by phone at 847-483-6035. 

UPCOMING EVENTS:

List and Dates of 2014 Domestic and International Tours

February 12 - 23 Hawaiian Islands Cruise 3 nights Honolulu & 7 nights cruise
March 30 - April 6 Savannah & Charleston Air / 8 days
May 8 - 10 Holland, MI Tulip Festival 3 days
June 7 - 16 Canadian Rockies & Rocky Mountaineer Train Air / 10 days
June 25-26 Springfield, The Land of Lincoln 2 days
July 21 - 25 Mackinac Island with 2 night stay at The Grand Hotel / 5 days
August 5- 7 Mini - Mystery Tour 3 days
August 23 - 31 Paris & Normandy-Seine River Cruise 9 days
October 8 - 10 Door County: Cape Cod of the Midwest 3 days

To request a detailed flyer or information contact Kay at 847-483-6035 or email: kolivo@bankatvillage.com

Day Events

Free Coin Appraisals Time: 9 a.m. to 1 p.m.
February 1 - Saturday Arlington Heights - Uptown Branch, 150 E. Rand Rd
February 3 - Monday Mt Prospect Branch, 320 E. Northwest Highway
February 4 - Tuesday Des Plaines Branch, 1545 Ellinwood Ave.
February 6 - Thursday Park Ridge Branch, 950 W. Touhy Ave
Wonder what your old coins, gold jewelry and paper money are worth? To find out, bring your old coins, paper money and gold jewelry to one of the branches listed and our expert coin appraiser, Ron Beckstrom of Golden Rule Coins, will tell you what they are worth. No appointments taken - first come; first serve basis. If you choose, you may sell your items directly to the appraiser. Please do not clean your coins

Friday, February 28 The Barber of Seville Matinee - Lyric Opera House
Figaro! Figaro! Figaro! Not only is he the Barber of Seville, he's also the ultimate Mr. Fix-It! This time he's out to ensure that Count Almaviva can marry lovely Rosina before the grumpy guardian drags her to the altar himself. Rossini's music makes this opera sparkle like sunshine with one hit tune after another! Transportation, lunch at Lloyd's (across the street from the Lyric), main floor seating, and all gratuities are included.
Price: $160.00 p.p.
Reservation Deadline: January 14
Departure Time: 10:30 a.m.
Departure Location: Chase Shopping Plaza, NE corner of Arlington Heights & Lake Cook Roads, Buffalo Grove

Friday, March 21 Driehaus Mansion - Downton Abbey /Chicago Style
The Driehaus Museum , a refurbished Gilded Age mansion in River North, has unveiled its "Louis Comfort Tiffany Treasures from the Driehaus Collection " that will take you back to the era of Downton Abbey Chicago-style. Whether you have been intrigued by the series on PBS, you will certainly enjoy a glimpse of this gem. See amazing pieces of Tiffany artwork in a variety of forms such as lamps, vases, and stained glass windows displayed in five perfectly restored galleries that formerly were the private living quarters of the mansion's original owners. Lunch is included at a very interesting place as part of your day's experience plus transportation, entrance fees, and gratuities.
Price: $99.00
Reservation Deadline: February 10
Departure Time: 8:30 a.m.
Departure Location: Chase Shopping Plaza, NE corner of Arlington Heights & Lake Cook Roads, Buffalo Grove

Wednesday, April 9 April in Paris - Rendezvous Chicago
Ooh, la, la! Join us for a fun filled Paris,"City of Lights," Rendezvous Chicago in April. We will begin our Parisian journey through the streets of Chicago where our step-on-guide will show us French architecture, statues and outdoor artwork as well as French inspired boulevards and an actual French Metro Station! You will be treated to a three course French Bistro lunch created especially for us by a French Chef. During the meal, you will be treated to the mesmerizing performance of authentic French cabaret music, sung by a noted chanteuse with her beloved accompanist. The day concludes with a visit to Chicago's French Market where you can purchase pastries, breads, or souvenirs to bring home. Say "we we "(oui, oui) to this Paris Rendezvous event Chicago style. Note: There are stairs to the cabaret entrance.
Price: $123.00 all inclusive
Reservation Deadline: February 21
Departure Time: 8:45 a.m.
Departure Location: Chase Shopping Plaza, NE corner of Arlington Heights & Lake Cook Roads. Buffalo Grove

Wednesday, May 7 The Sound of Music Matinee at the Lyric Opera House
The most popular family musical ever! Maria leaves the convent to take over as governess for the seven children of Captain von Trapp. She captures their hearts-and the rest is history. The family's narrow escape from Austria on the eve of WWII is thrilling, inspirational, and true! Climb every mountain with us and enjoy this spectacular all-inclusive event with main floor seating, dinner at the Berghoff Restaurant, transportation and all gratuities. Reserve your space now...
Price: $160.00
Departure Time: 11:45 a.m.
Departure Location: Chase Shopping Plaza, NE corner of Arlington Heights & Lake Cook Roads, Buffalo Grove