Savings Accounts
With a Community Bank savings account, you’ll earn a competitive interest rate yet be ready for needed purchases. If you can maintain a larger balance or not touch your savings for a while, consider one of our higher-interest accounts, like our money market, prime money market, CD or IRA accounts.
Free Savings
Grow your money faster
Choose Free Savings for no-fee, easy access to your cash.
- No minimum balance. Yes!
- No low-balance fees. Yes!
- $50 minimum deposit to open
- Competitive interest rate on balances over $1
- Free online and mobile banking
- Free quarterly eStatements
Premium Savings
Build your savings quicker; keep easy access to your cash
Money is a terrible thing to waste. If you have more than $5,000 in savings, why not put it to work? You’ll earn a higher interest rate yet maintain easy access for unexpected expenses.
- Higher-yielding, variable-interest rate
- $5,000 minimum to open ($500 minimum to earn interest)
- Free online and mobile banking
- Free semi-annual eStatements
Christmas Club
A little bit each month adds up to happier holidays
It’s the easier way to save. Tell us how much to set aside each month and we’ll take care of the rest. Out of sight, out of mind. Until that happy October surprise arrives.
- No monthly service charge
- Change the amount any time
- Competitive rate on amount automatically transferred
- Balance automatically deposited into your Community Bank account in early October each year
| Free Savings | Premium Savings | Christmas Club | |
|---|---|---|---|
No minimum balance | Free SavingsYes | Premium Savings$5,000 minimum balance | Christmas ClubYes |
Minimum required to open | Free Savings$50 minimum | Premium Savings$5,000 minimum | Christmas ClubNo |
Interest rate | Free SavingsCompetitive | Premium SavingsHigher variable | Christmas ClubCompetitive |
Minimum required to earn interest | Free Savings$1 | Premium Savings$500 | Christmas Club$100 |
No low-balance fee | Free SavingsYes | Premium Savings$5/month if balance falls below $5,000 | Christmas ClubYes |
Free online & mobile banking | Free SavingsYes | Premium SavingsYes | Christmas ClubYes |
Free ATM Card | Free SavingsYes | Premium SavingsYes | Christmas ClubNo |
Free eStatements | Free SavingsYes | Premium SavingsYes | Christmas ClubYes |
Put your extra cash to work
Earn higher interest and maintain access to your money.
Get moving today
Take the first step toward your dream home with just a few clicks. Start your online mortgage application today.