PERSONAL CHECKING | BUSINESS CHECKING | INTEREST-BEARING CHECKING

Personal Checking

Totally Free Checking

• Minimum Balance to open is $100
• No monthly fee
• First 8 checks are free
• Unlimited deposits, withdrawals, and checks
• Monthly imaged statement

Community CLUB Checking

• Minimum balance to open is $100
• Monthly fee is $7
• No fee for CLUB checks, Cashier’s checks, or Traveler’s Checks
• Unlimited deposits, withdrawals, and checks
• Accidental Death Insurance
• Travel Discounts
• Shopping Discounts
• Monthly imaged statements

Community Senior Club Account (Available to age 55 or older)

• No fee
• Free Checks
• Imaged Statements
• Interest paid when balance is over $2,000
• Quarterly Trips

Master Money Debit Card (subject to credit approval)

• The convenience of a credit card, but works like a check. The money is deducted from your checking account. Also serves as your ATM Card.

Overdraft Protection

• Choose from either a Personal Line of Credit (subject to credit approval) or an Automatic Transfer from Savings

Internet Banking - www.communitybankotc.com

• Full Access to all personal and business accounts
• On-Line Bill Payment
• Mortgage Loan Pre-Application
• Education Loan Links
• Insurance Links

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Business Checking

Small Business Checking (less than 100 total items each month)

• $6 monthly charge
• Balance does not earn interest
• Sweep accounts available for Line of Credit and Investment Accounts

Commercial Checking (more than 100 total items each month)

• Analyzed Account with Compensating Balances available
• Zero Balance Account Available for payroll and interoffice transfers
• Sweep Accounts available for Line of Credit and Investment Accounts

Other Business Checking Account Services

Overdraft Protection

• Choose from either a personal Line of Credit (subject to credit approval) or an Automatic Transfer from Savings

Sweep Accounts

• Our Sweep Account allows us to help you manage your cash-flow and investment needs. We’ll maximize your interest earnings and save you money on interest costs using a combination of accounts specifically designed to fit your business needs.

Inter Account Transfers

• Transfers between accounts are easy to take care of… in person, over the phone, or through our Internet Banking Website.

For Customers that take credit cards, we offer a Merchant Credit Card Service, at a handsome discounted rate with electronic machines and quick access to your deposited funds.

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Interest-Bearing Checking

Interest Checking

• Minimum balance to open is $1,000
• Balance earns interest
• Unlimited deposits, withdrawals, and checks
• No monthly fee if you maintain an account balance of $1,000 or more, if the balance falls below $1,000 a $10 monthly service charge will be assessed.
• Interest paid monthly
• Monthly imaged statement

Money Market Checking

• Minimum balance to open is $2,500
• Balance earns interest
• Unlimited deposits and over the counter withdrawals
• Limit of 6 checks per month of which 3 can involve a third party
• No monthly fee if you maintain an account balance of $2,500 or more, if the balance falls below $2,500 a $10 monthly service charge will be assessed.
• Interest rates are tiered
• Interest paid monthly
• Monthly imaged statement

Sweep Accounts

• Our Sweep Account allows us to help you manage your cash-flow and investment needs. We’ll maximize your interest earnings and save you money on interest costs using a combination of accounts specifically designed to fit your needs.

Inter Account Transfers

• Transfers between accounts are easy to take care of…in person, over the phone, or through our Internet Banking Website.

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