Earn Interest While Managing Daily Business Transactions
The Business Now account is designed for sole proprietors, nonprofits, and government entities, offering interest on your checking balance while keeping your transactions smooth and efficient.
Interest Earning
Grow your balance with competitive interest rates.
Treasury Management
Optional treasury management for enhanced control.
Imaged Monthly Statement
Receive detailed, imaged monthly statements at no extra cost.
Account Details
| Account Feature | Details |
|---|---|
| Opening Amount | $1,000 |
| Service Charge | $7.50 service charge per monthly statement period1 |
| Activity Fee | 14¢ per debit/check paid, 7¢ per item deposited during the monthly statement period. |
| Interest Paid | Interest accrues on the monthly average collected balance and is credited monthly.2 |
| Treasury Management | Available online for an additional charge. Fee amounts may change. |
- $10 charged if the account balance falls below $1,000 during the monthly statement period.
- 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.
Enjoy These Services with Every Account
Debit Card
Enjoy convenient access to your funds anytime, anywhere with our secure business debit card.
Online Banking
Manage your business finances from the comfort of your office or on the go with our online banking platform.
Bill Pay
Easily pay your bills on time with our hassle-free bill pay service, included with every account.
Mobile Banking
Access your account on the go with CB2GO, our mobile banking app designed for your convenience.
Transfer Funds
Send and receive money quickly and conveniently, directly from your account.
E-Statements
Go green and stay organized with our paperless e-statements, delivered directly to your email.
Text Alerts
Stay informed with real-time text alerts for your account activity and balances.
Basic Sweeps
Automatically transfer funds between accounts to maximize your business's financial efficiency.
Mobile Deposit
Deposit checks quickly and securely using your mobile device with our Mobile Deposit service.
Apply for a Business Now Account Today
- Gather Your Documents
- To make the process smooth, have these documents ready:
- Identification (such as a driver’s license or passport)
- Business registration papers
- To make the process smooth, have these documents ready:
- Personalized Guidance
- Come to any of our branches where a representative will advise you on the best options for your needs.
- Make Your Initial Deposit
- Open your account with a minimum deposit of $1,000. This ensures you start earning interest right away.
- Set Up Online Access
- Once your account is open, enroll in online banking. This allows you to manage your account, pay bills, and transfer money easily from anywhere.
Frequently Asked Questions
Sole proprietors, nonprofit corporations, and government entities.
Interest is credited monthly based on the average collected balance.
14¢ per check paid and 7¢ per item deposited.
No minimum balance, but a $7.50 monthly fee applies.
Yes, available online for an additional charge.
Yes, mobile check deposit is available.
HELPFUL TOOLS
Banking designed with you in mind
Experience the ease of Community Bank’s customer-first services.
CB2GO
Keep your business finances at your fingertips. Manage your accounts securely from your mobile device, anytime and anywhere.
Office Locator
Conveniently find your nearest Community Bank office or ATM and stay connected to your money wherever you are.
MyDeposit
Save time by scanning and depositing checks electronically from your office. No need for frequent trips to the bank.
Treasury Management
Enhance financial management with services like ACH, online wires, positive pay, and lockbox.