Savings
Now more than ever, saving money is very important. Whether you are saving money for a child's college education, a down payment on a home, or for your own retirement, we can help you with one of our many savings options including:
- Premium Money Market Accounts
- Personal Savings Accounts
- Minor's Savings Accounts
- CDs
- IRAs
Whether you are looking for the perfect checking, savings, or investment account, we invite you to discover the difference Community Bank makes! We are proud to offer the best in service to our neighbors. For more information on any of our accounts, talk with one of our Personal Bankers today or get our current rates.
Personal Savings |
Student Minor Savings | Health Savings Account | Advantage Savings | |
| Initial Deposit Requirement | $50.00 | None | $50.00 | $100.00 |
| Minimum Balance to Avoid Monthly Service Charge | $50.00 | None | None | $100.00 |
| Monthly Service Charges if Below Minimum | $2.00 | None | None | None |
| Frequency Interest Paid | Quarterly | Quarterly | Monthly |
Monthly |
| Cost Per Check/Withdrawal / or Other Transaction Items | $2.00 (6+ per month) | $2.00 (6+ per month) | None | $2.00 (6+ per month) |
Federal regulations permit transfers from a Money Market account to another account or to third parties by pre-authorized, automatic, or telephone transfers and are limited to six per statement cycle with no more than three by check draft, debit card, or similar order to third parties.
» Personal Savings
Choice of Passbook or Statement. Statement mailed monthly if electronic transfer occurs during month. Direct Deposit not available on Passbook savings account.
» Student Minor Savings
Choice of Passbook or Statement Savings Account. Parents must maintain a depository relationship.
» Premium Money Market
No more than 6 pre-authorized withdrawals per statement cycle; no more than 3 by check. Interest paid on the daily collected balance. Rates may vary.
» Health Savings Account
Debit card may be used for qualified medical expenses only. Debit Card
cannot be used at ATMs or for PIN based transactions. Rates may vary.
Annual contribution limits apply; consult with your tax advisor for more information.
Personal Banking Links
