Community Savings
When you’re saving money, every penny counts. That’s why Community Bank prides itself on offering competitive interest rates with its savings accounts.
- Opening Amount: $100
- SERVICE CHARGE: $6 if account balance falls below $300 during the quarterly statement period. $2 excess withdrawal fee per withdrawal after the first three during the quarterly statement period.
INTEREST PAID: Interest accrues on the daily collected balance and is credited quarterly. The interest rate is variable and is subject to change daily without notice. See a customer service representative for current interest rates.
REGULATORY LIMIT: By law, six third-party withdrawals or transfers are allowed within a calendar month. There are no limits on the number of withdrawals made in person or by ATM.
Minor Savings
Learning to save a little here and there is one of the best things a young person can learn to do. We can help you teach that life lesson in a valuable way – that also earns more value over time.
- Opening Amount: $50
- Young people under the age of 19 can start earning interest.
- There’s no monthly service fee on the account.
SERVICE CHARGE: No monthly service fee. $2 excess withdrawal fee per withdrawal after the first three during the quarterly statement period.
Parent or Guardian is required on all Minor accounts. Must meet age requirements. See bank for details.
INTEREST PAID: Interest accrues on the daily collected balance and is credited quarterly. The interest rate is variable and is subject to change daily without notice. See a customer service representative for current interest rates.
REGULATORY LIMIT: By law, six third-party withdrawals or transfers are allowed within a calendar month. There are no limits on the number of withdrawals made in person or by ATM.
Make Cents Savings
With our Make Cents program, Community Bank will:
- Round-up your debit card purchases to the nearest dollar
- Deposit the difference between your purchases and the nearest dollar into your own interest-bearing savings account
- Match the deposited difference by 5.00% quarterly
Matched funds credited to designated account each calendar quarter-end. Savings annual percentage yield (APY) is 0.20% as of 06/01/2017. Rate may change after account is opened. Fees may reduce earnings. Fee amounts may change.
INTEREST PAID: Interest accrues on the daily collected balance and is credited quarterly. The interest rate is variable and is subject to change daily without notice. See a customer service representative for current interest rates.
REGULATORY LIMIT: By law, six third-party withdrawals or transfers are allowed within a calendar month. There are no limits on the number of withdrawals made in person or by ATM.
