Dealers

deposit services
Deposits at FDIC Insured Institutions are now Insured up to at least $250,000 per depositor.

When a typical savings account just isn't enough, check out some of our other deposit services. We have CD specials, IRA options and a Health Savings Account.
 

 

CERTIFICATES OF DEPOSIT
  • Better interest rates than standard savings accounts
  • Interest is compounded quarterly and may be added to the certificate, paid by check or deposited to another account
  • $500 minimum deposit required to open a CD
  • Special rates offered
IRAs (Individual Retirement Accounts)
  • Regular and Roth IRA Certificates of Deposit and savings accounts available
  • Interest is compounded and paid quarterly on all types of IRAs.
  • There is a limit of 6 withdrawals per statement cycle, anything above 6 withdrawals, a $10 service fee applies.
HEALTH SAVINGS ACCT
  • Must be enrolled in a high deductible health insurance plan
  • No income limits
  • Contributions can be made by an individual, an employer or direct deposit
  • Funds can be willed to a named beneficiary
  • A spouse can access funds tax free for medical expenses
     

 

DOWNLOAD A PDF OF OUR COMPREHENSIVE PERSONAL ACCOUNTS BROCHURE - COMING SOON!

 

DOWNLOAD A PDF OF OUR CD RATE SPECIALS
Indianola
Main Office
1401 North Jefferson
Indianola, Iowa 50125
515.961.5880 		Indianola
West Roads Branch
1901 West 2nd Avenue
Indianola, Iowa 50125
515.961.9367 		Newton Branch
2506 1st Avenue
Newton, Iowa 50208
641.792.3246 		Norwalk Branch
2351 Sunset Drive
Suite 101
Norwalk, Iowa 50211
515.285.4900 		Fort Des Moines Branch
612 Army Post Road
Des Moines, Iowa 50315
515.285.6044 		Lucas Branch
104 Front Street
Lucas, Iowa 50151
641.766.6131
Community Bank will be sending two statements in the month of January due to a computer enhancement. The first statement will be mailed January 13th and then you will receive your usual statement at month end. All customer statement will be sent at month end going forward. Please contact us with any questions.
Touch Tone Banker: 1-877-301-5357 ©community bank 2012 | 515.961.5880

NOTICE OF CHANGE IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a “noninterest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules.

The term “noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts (“IOLTAs”). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.