BUSINESS
SMALL BUSINESS ACCOUNT
-
$100 Minimum Opening Deposit
- No Monthly service charge if a daily balance of $2,500 is maintained
-
If balance falls below $2,500, there is a $12.50 per month charge. First
month's service charge would be waived.
- Per check charge after
first 75 checks paid -
$.25
- Per check charge after
first 75 checks deposited -
$.25
BUSINESS ACCOUNT
The Business Checking Account has a no service charge
feature provided you maintain a sufficient balance to cover account activity.
An earnings credit (based on money market conditions) is computed on the loanable
account balance that is used to offset or eliminate monthly fees. The loanable
balance is the average collected balance less 15%. The net effect of loanable
balance and account activity will determine the charge, if any, on the
account.
ACCOUNT
ACTIVITY CHARGES
| Checks/Debits
Paid (per item) ............................... |
$.14 |
| Items Deposited
................................................ |
$.14 |
| Account Maintenance
.......................................... |
$10.00 |
| Incoming Wire |
$10.00 |
| F.D.I.C. Insurance
per $1,000 ledger balance .............. |
$.22 |
| Negative Collected
Balance Rate............................. |
Variable
Rate |
EXAMPLE
| Average Collected
Balance .................................... |
$8,000.00 |
| Less 15% of balance
........................................... |
$1,200.00 |
| Loanable Balance
for Earnings Credit Calculation ......... |
$6,800.00 |
| Earning Credit
Available to reduce Service Charges (Assume 1.25% for Earnings Credit
Rate) Based on Money Market Conditions |
$8.10 |
ASSUME
ACTIVITY OF:
| 150 Checks/Debits
paid at $.14 |
$21.00 |
| 100 Items deposited
at $.14 |
$14.00 |
| 2 Wires @ $10.00 |
$20.00 |
| Maintenance Fee |
$10.00 |
| FDIC Insurance |
$1.76 |
| Total Charges |
$66.76 |
| Net Service Charge
(Total charges of $66.76 less Earning Credit of $28.33) |
$58.66 |
COMMUNITY CHECKING
Basic checking services for Civic Groups, Clubs, etc.
Minimum Opening Deposit $100
No minimum balance requirement
Non-interest bearing
No Per Check Charge
Maximum Monthly Fee $3.00 (based on average balance)
BUSINESS
SERVICES
Whether
your business is big or small, CCB will work closely with you to determine which
banking solution fits your specific needs. And, as your business grows, CCB’s
team of experienced and knowledgeable bankers can work with you to provide the
right products and services to complement your growth.
FREE BASIC INTERNET BANKING AND BILL PAY - Access to your account information anytime,
anywhere.
INTERNET COMMERCIAL SERVICES - a convenient and time
saving way to manage your business
BUSINESS LOANS - Large or small, each loan is designed to be
exactly right for your company.
NIGHT DEPOSITORY - Safe convenient 24-hour service.
WIRE TRANSFER - Fastest means of moving funds to any bank in
the world.
FEDERAL TAX DEPOSITORY - Authorized agent to receive all types
of withheld taxes.
MASTERCARD & VISA - Provides immediate credit for charge
purchases.
CREDIT CARD MERCHANT PROCESSING SERVICES - Providing you the
opportunity to accept credit/debit card purchases.
CERTIFICATES OF DEPOSIT - Various rate and term quotes available
on amounts over $100,000.
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