Business Accounts
CNB values our business customers, and knows your banking needs. Check below to see the commercial checking and savings services offered by our institution.
Business Checking Accounts
Account Name |
Simply Business |
Business Analysis |
Money Market Plus Account |
Money Fund Index Account |
---|---|---|---|---|
Earns Interest* |
No |
No |
Yes*, based on rate tier. |
Yes*, based on rate tier. |
Minimum Amount to Open |
$300.00 |
$300.00 |
$2,500.00 |
$25,000.00 |
Minimum Balance Requirement |
$0.00 |
$0.00 |
$2,500.00 |
$25,000.00 |
Monthly Service Charge |
$0.00 |
$20.00**** |
$12.00** |
$15.00** |
Transaction Limitations |
No |
No |
Yes*** |
Yes*** |
Service Charge Per Debit Item |
No |
No |
$10.00*** |
$10.00*** |
Images Available in Statement |
Yes |
Yes |
Yes |
Yes |
Account Analysis Fees |
No |
Yes |
|
|
Benefits: | ||||
---|---|---|---|---|
Online Banking |
||||
Bill Pay |
||||
Text and Email Alerts |
||||
Visa® Check Card |
* We may change the interest rate and annual percentage yield for your account daily. Interest will be compounded monthly. Interest will be credited to your account on a monthly basis. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks). Interest will be paid on monthly statement regardless of balance maintained.
** This service charge will be imposed if the balance in the account falls below the Minimum Balance Requirement.
*** There are fifteen (15) free withdrawals per Statement Cycle. Withdrawals in excess of fifteen (15) will incur a $10.00 service charge, per debit item.
**** This account is subject to additional fees calculated through account analysis. The earnings credit can offset the service charge. If no activity in the account occurs, the minimum charge will be the service charge.
Business Savings Accounts
Account Name |
Savings Account |
---|---|
Earns Interest* |
Yes* |
Interest is compounded: |
Quarterly |
Minimum Amount to Open |
$100.00 |
Minimum Balance Requirement |
$100.00 |
Service Charge |
10.00 ** |
Transaction Limitations |
Yes *** |
Service Charge per Debit Item |
$5.00 *** |
Images Available in Statement |
No |
Early Closing Fee |
$15.00 |
Benefits: | |
---|---|
Online Banking |
|
Bill Pay |
|
Text and e-Mail Alerts |
|
Visa® Check Card |
|
* We may change the interest rate and annual percentage yield for your account daily. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
** This service charge will be imposed if the balance in the account falls below the Minimum Balance Requirement.
*** There are fifteen (15) free withdrawals per Statement Cycle. Withdrawals in excess of fifteen (15) will incur a $10.00 service charge, per debit item.