Business Checking & Savings

What type of account does your business need?

Depending on the size of your business, the number of transactions each month and the extra services you want, there is a checking account that’s right for your company.  All commercial checking accounts at Community Bank & Trust come with free, 24/7 Online Banking.

Small Business Checking:  This account is a non-interest bearing account designed for the small business owner with limited transactions.  A great value for small businesses that have no more than 25 deposits, 100 deposited items and 50 checks per month.

  • $100 minimum opening deposit
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  • Maintain $1,800 daily minimum balance to avoid monthly service charge of $10

Small Business Advocate:  An account that fits your way of doing business and gives your employees personal benefits.  This account has QuickBooks and Quicken online transaction capabilities.  And with direct deposit, all of your employees will receive a free checking account.

  • $100 minimum opening deposit
  • 400 free transactions per month ($.35 per item in excess of 400)
  • Free online banking with Bill Pay
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  • Free introductory check package:  checks, deposit slips, and endorsement stamp
  • Free 3 x 5 safe deposit box for one year and discounts after (based on availability)
  • One free locked night deposit bag
  • No annual fee MasterCard/Visa credit card
  • Maintain $800 minimum daily balance to avoid monthly service charge of $15

Commercial Checking:   This account is an effective tool for managing a business that requires complex cash management, deposit processing, and information needs.  Each account is analyzed for the monthly activity and balance requirements.  Please ask your Client Relations Specialist for details.

Commercial Interest Checking:  An interest-bearing checking account with unlimited transactions.  Interest rate is tiered and is paid based on the daily balance.  Maintain $1,000 minimum daily balance to earn interest and avoid monthly service charge of $10.

Saving for the long-term and short-term needs of your business.

Commercial Savings

Perfect for setting aside a part of your company’s earnings to cover unexpected expenses, pay for extra supplies, or to make other necessary purchases, all while earning a market rate of interest.

  • Competitive interest rates; paid quarterly, subject to change
  • $100 minimum opening deposit
  • $5.00 monthly service charge if daily balance falls below $500
  • Unlimited in-person withdrawals; excess withdrawal fee of $5.00 per item (over 6 per month)

Commercial Money Market Account

This account pays a market rate of interest on a tiered basis; as your balance goes up, the rate goes up.  Contact us for details and current rates.

  • $10.00 monthly fee if daily balance falls below $5,000
  • Unlimited in-person withdrawals; excess withdrawal service charge of $5.00 per item (over 6 per month)
  • Interest paid on minimum balance of $5,000 and above

Your deposits are insured through the Federal Deposit Insurance Corporation.