| Statement Savings Business | Money Market Business | Prime Money Market Business | |
|---|---|---|---|
Balance requirement | $300 average quarterly balance requirement to avoid quarterly $12 service charge | $1,000 minimum daily balance to avoid a $5 monthly service charge | $25,000 minimum daily balance to avoid a $10 monthly service charge |
Interest bearing | Yes—Earns competitive variable interest rate on balances of $100 or more | Yes—Earns tiered interest: $1,000-$9,999.99, $10,000-$24,999.99, $25,000-$49,999.99, $50,000+ | Yes—Earns tiered interest: $2,500-$24,999.99, |
Interest compounded and credited | Monthly | Monthly | Monthly |
Withdrawal limits | Make up to 18 withdrawals from your account per quarter; $0.50 fee for each subsequent withdrawal | Write up to 3 checks per statement cycle at no fee; $5 fee for each subsequent check | Write up to 3 checks per statement cycle at no fee; $10 fee for each subsequent check |
Pre-authorized transfers or withdrawals (e.g., checks, online banking, telephone banking, ACH transactions, POS activity) | Up to 6 from your account per month | Up to 6 from your account per month | Up to 6 from your account per month |
Free online banking | Yes | Yes | Yes |
Free mobile banking and deposit | Yes | Yes | Yes |
Free eStatements | Yes | Yes | Yes |
Savings & Money Market Accounts
Your account number(s) will remain the same unless you are otherwise notified. If you have a savings account, you’ll receive quarterly statements. However, you will receive a monthly statement each month when there is electronic activity on the account. If you have a money market account, you’ll receive monthly statements. The following information will explain the details of savings and money market account(s) available at Community Bank. We’ve made every effort to convert you to the account that will help you Bank Happy. If you feel another account will better meet your needs, please contact your local Community Bank branch after the merger.
BANKING YOU CAN COUNT ON
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