» Business Checking Accounts
» Business Money Market
Small business, big business, in-between sized business, you’re going to appreciate doing business with Community Bank.
Since our staff members own the bank, we understand how small business owners feel. Three checking accounts, a money market account, loans, and a complete collection of services you may need are all part of our pledge to you: we will be your partner in business — and a really good one at that!
Business Checking Accounts
FREE BUSINESS CHECKING
Geared toward a small business that keeps a low-dollar balance and
has fewer transactions.
Opening Amount: $100
• No minimum balance
• Free first 200 items per month, 25¢ each additional item
• Free basic online banking with the option to add bill pay or
cash management*
• Free business debit card**
• Free imaged monthly statement
• Free basic sweep accounts
• Free notary service
• Credit card and merchant credit card services available
*Bill pay fees are $2.95 per month with 30c per transaction.
Cash management is available online for $9.95 per month.
**Subject to approval.
BUSINESS CHECKING
Designed for a larger business that keeps a high-dollar balance and
has a higher transaction rate.
Opening Amount: $100
Service Charge: $8 maintenance fee per monthly statement period.
14¢ activity fee per debit/check paid and 7¢ per item deposited during
the monthly statement period.
• Free basic online banking with the option to add bill pay or
cash management*
• Free business debit card**
• Free imaged monthly statement
• Free basic sweep accounts
• Free notary service
• Credit card and merchant credit card services available
Earned Credit: To offset some or all of the service charge, an earnings
credit is given on the monthly average collected balance after a reserve
requirement of 10% is deducted; the earnings credit is 2% below the
Federal Funds Rate as published by the Board of Governors of the
Federal Reserve System — this is a variable earnings credit.
*Bill pay fees are $2.95 per month with 30c per transaction.
Cash management is available online for $9.95 per month.
**Subject to approval.
BUSINESS NOW
Available for sole proprietors, nonprofit corporations and
government entities.
Opening Amount: $1,000
Service Charge: $7.50 maintenance fee per monthly statement
period. 14¢ activity fee per debit/check paid and 7¢ per item deposited
during the monthly statement period.
• Free basic online banking with the option to add bill pay or
cash management*
• Free business debit card**
• Free imaged monthly statement
• Free basic sweep accounts
• Free notary services
• Credit card and merchant credit card services available
Interest Paid: Interest accrues on the monthly average collected balance and is credited
monthly. The interest rate is variable and is subject to change daily without notice — see a
customer service representative for current interest rates.
*Bill pay fees are $2.95 per month with 30¢ per transaction. Cash management is available
online for $9.95 per month.
**Subject to approval.
Business Money Market
For the business that wants a simple earning option for excess funds.
Opening Amount: $1,000
Service Charge: $10 if account balance falls below $1,000 during the
monthly statement period. $5 excess withdrawal fee per withdrawal
after the first six during the monthly statement cycle.
Interest Paid: Interest accrues on the daily collected balance and is credited monthly. The
interest rate is variable and tiered and is subject to change daily without notice — see a
customer service representative for current interest rates and balance tiers.
Regulatory Limit: By law, six third-party withdrawals or transfers are allowed within a
statement period. Six of the six may be allowed by check. There are no limits on the number
of withdrawals made in person or by ATM.
**Subject to approval.
Interest is charged on all business accounts for items paid on uncollected funds at the
current rate as allowed by law. Interest is charged on overdrawn balances the current
rate allowed by law.
Member FDIC.
» Business Checking Accounts
» Business Money Market
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