Savings accounts
Deposits at FDIC Insured Institutions are now Insured up to at least $250,000 per depositor.
It's never too late to start saving and with the variety of savings accounts we have available, it's never been easier! Whether you are saving for a family trip, new car, or your child's college education, we have a great savings solution for you. Straight-forward. Effortless. Secure.
Looking to switch your accounts over? Use this easy form process. Just print, complete and drop off at your local Community Bank location.
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- No minimum balance
- Interest compounded daily and paid quarterly
- There is a limit of 6 debits per month
- A service charge of $1.00 per item will be charged for each item in excess of 6 per statement cycle
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- Great for those looking for a little bit higher of a return than a regular savings account
- Interest rates are tiered, so higher balances earn higher interest rates
- Minimum average daily balance is $2,500 and a $10 service fee is charged if the average daily balance falls below.
- There is a limit of 6 withdrawals per statement cycle, anything above 6 withdrawals, a $10 service charge applies.
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- No minimum balance.
- Interest compounded daily and paid quarterly
- There is a limit of 6 debits per month
- There is a limit of 6 withdrawals per statement cycle, anything above 6 withdrawals, a $10 service charge applies.
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DOWNLOAD A PDF OF OUR COMPREHENSIVE PERSONAL ACCOUNTS BROCHURE - COMING SOON!
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.
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