BUSINESS CERTIFICATE OF DEPOSIT (CD)
CBB has the right CD investment option for your business.
With us, you can choose the term to invest with your business' cash flow in mind.
FEATURES:
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Low minimum to open of $500.00
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Competitively tiered interest rates
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Terms from 3 months to 5 years
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An early withdrawal may be subject to penalty
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BUSINESS MONEY MARKET CHECKING ACCOUNT
A business Money Market checking account gives your business the
flexibility to write three checks per
statement cycle, with unlimited withdrawals in person.
This business savings vehicle is recommended for any type of business.
FEATURES:
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$1,000.00 minimum to open
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Competitively tiered interest
rates
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Maintenance fee of $6.00 is waived if $1,000.00 minimum
investable daily balance is maintained, or if average daily
investable collected balance in account is $2,000.00 or greater (See Note)
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Transfers between another account, or to third parties by preauthorized, automatic, or
telephone transfer, are limited to
six per statement cycle, with no more than three by
check, draft,
or similar order
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A per item fee of $1.00 will be assessed for each debit or
bank transfer in excess of six during a statement cycle
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No charge for deposit items
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Checks returned
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Monthly statements
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BENEFITS
All business savings accounts include these benefits:
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FDIC Insured,
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Personalized Service,
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Easy to use and
access:
- In Person
- 24-Hour Telephone Banking
- Internet Banking
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ACH and Direct Deposit
accepted,
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Bank by mail envelopes
provided to clients,
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No charge for Tax, Treasury and Loan payments
(TT&L),
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Combined monthly
statements optional, plus
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Many other accessory services.
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Note: The investable balance is the principal in
the account reduced by 10 %.
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