Sound money management is important in
business. Compare Community National Bank with other local institutions and you will
see that it makes good business
sense to bank with Community National Bank.
Business Checking Accounts
The business
checking account features a reasonable and easy to understand
service charge structure. An earnings credit is calculated on
the average balances maintained which may offset any service
charges.
- Unlimited
check writing
- Monthly statement
with imaged checks that can be stored in a free, handy
three-ring binder
|
Monthly maintenance fee |
$10.00 |
| Cost
per item |
$
.15 |
| Cost
per deposit |
Free |
| Earnings
credit per average $100 balance |
$
.25 |
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Business NOW Account
(By law, available to sole proprietors & nonprofit organizations
only)
- $1000 minimum deposit is
required to open the account
- Unlimited check writing
- Monthly statement with
imaged checks that can be stored in a free, handy three-ring binder
- Interest will be compounded monthly and
credited to your account
- The daily balance method is used to
calculate interest on your account
- Review our "Rates
Page" for current interest rate information
| Minimum
Monthly Balance |
Service
Charge |
| $1000
and over |
No
Charge |
| Below
$1000 |
$12.00 |
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Business Money Market Account
(Community Gold Account)
- $2500 minimum deposit is required to
open the account
- Monthly statement with imaged checks
that can be stored in a free, handy three-ring binder
Interest will be compounded monthly
and credited to your account- The daily balance method is used to
calculate the interest on your account
- Minimum daily balance of
$2,500 is required to obtain the disclosed annual percentage yield
- Transfer from a money market account
to another account or to third parties by preauthorized, automatic,
or telephone transfer are limited
to six per statement cycle with no more than three by check, draft or
similar order to third parties
- Per item fee of $.25
will be charged for each debit transaction and this fee will apply if
minimum balance requirements are not met
- Review our "Rates
Page" for current interest rate information
| Minimum
Daily Balance |
Service
Charge |
| $2500
and over |
No
Charge |
| Below
$2500 |
$12.00 |
| Cost
per deposit |
None |
Our tiered balance requirements and interest rates allow you greater earnings potential
while keeping your funds available at anytime.
|
Tier 1 Balance Requirements: |
$2,500 - $49,999.99 |
| Tier 2
Balance Requirements: |
$50,000 - $99,999.99 |
| Tier 3
Balance Requirements: |
$100,000.00 – 249,000.00 |
|
Tier 4 Balance Requirements: |
$250,000.000 and up |
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