Commercial Accounts - More Information

Community Business Checking

The Community Business Checking account is designed for businesses with high amounts of activity. This checking account offers earnings credit* to offset monthly maintenance fees.

• Minimum Opening Deposit - $1000
• Earnings Credit* Available
• Monthly Maintenance Fee - $9.00
• Per Item Fee - $0.20 per check/debit
• Per Item Fee - $0.10 per deposited item, All CBW items deposited are free of charge
• $5.00 Monthly Mailed Statement – FREE with E-Statements
• Internet Banking - Free
• Internet Bill Pay Services
  • $5.00 per month for 20 online bill payments
  • $0.50 per item over 20 items
  • Inactivity fee - $2.00 per month for no activity for 6 months
• Cash Management Services Available for additional fee
• Convenience Services

Earnings Credit – the total credit that can be used to offset service charges incurred during this cycle. If the earnings credit allowance calculated on your positive available balance is greater than your activity charges, you will not be charged any fees. If your earnings allowances does not cover the cost of the services used, Community Bank will automatically debit your account. It is important to note that the earnings credit allowance is not a payment of interest, and will not be credited to your account. It can only be used to offset service fees.

It is calculated by multiplying the quarter-end Fed Funds Rate for the period by the Average Investable Balance. If the amount calculated is negative, a zero will display in this field. The Earnings Credit Rate is subject to change at our discretion.

Community Small Business Checking

The Small Business Checking account is designed for Small Businesses & Sole

• Proprietorships with low activity.
• Minimum Opening Deposit - $500
• Monthly Maintenance Fee - $7.00 if the average monthly balance falls below $1500
• 125 checks/debit free per month, $0.16 per additional check/debit
• Per Item Fee - $0.06 per deposited item, All CBW items deposited are free of charge
• $5.00 Monthly Mailed Statement - FREE with E-Statements
• Internet Banking - Free
• Internet Bill Pay Services
  • $5.00 per month for 20 online bill payments
  • $0.50 per item over 20 items
  • Inactivity fee - $2.00 per month for no activity for 6 months
• Cash Management Services Available for additional fee
• Convenience Services

Community Non-Profit Checking

Our Community Non-Profit Checking Account is designed for Clubs, Organizations, and Associations. This type of business account comes with no monthly maintenance fee or minimum balance requirements.

• Minimum Opening Deposit - $100
• No Monthly Maintenance Fee or Minimum Balance Requirements
• 75 checks/debit free per month $0.15 per additional check/debit
• 25 credits free per month
• $0.15 per additional transaction, All CBW items deposited are free of charge
• $5.00 Monthly Mailed Statement - FREE with E-Statements
• Internet Banking - Free
• Internet Bill Pay Services
  • $5.00 per month for 20 online bill payments
  • $0.50 per item over 20 items
  • Inactivity fee - $2.00 per month for no activity for 6 months
• Cash Management Services Available for additional fee
• Convenience Services

Business Savings

A variable rate savings account with interest rate and annual percentage yield subject to change daily at bank discretion.

• Minimum Opening Deposit - $1,000
• Monthly Maintenance Fee - $5.00 if the average daily balance in the account falls below $1,000
• Per Item Fee - A per item fee of $1.00 will be charged for each withdrawal in excess of six during a month.
• Interest rate and annual percentage yield may change.
• Frequency and Determination of Rate Changes - At our discretion the rate may be changed at any time.
• Interest will be compounded and credited to your account monthly.
• We use the average daily balance method to calculate the interest on your account.
• Statement Cycle – Your statement will cycle quarterly. If your account has any electronic transactions, a statement will be mailed for that month.
• CommunityPhone 24 Hour Access to Account Information at no additional cost.
• Internet Access at no additional cost
• Convenience Services