Commercial Banking

Business 250 Checking | Business Analysis Checking | Business Money Market | Business Savings


 

Business 250 Checking

  • $100 Minimum to Open Account
  • NO Minimum Balance
  • NO Monthly Service Charge
  • FREE 250 Transactions per Month (includes deposits, deposited items, checks paid, ACH debits and ATM/Debit Card Point-of-Sale Transactions).  The account will be Assessed a $.30 per Item Fee for each listed item in excess of 250.
  • FREE Chipola Community Bank VISATM Debit Card (limit 2) With a Signed Business Agreement
  • FREE Internet Banking & Online Bill Pay Services

This account does not earn interest.

Business Analysis Checking

  • $100 Minimum to Open Account
  • $15 per Month Service Charge
  • $.30 per Debit Item Activity Fee
  • Wall Street Journal Prime + 2% Charge for Daily Use of Uncollected Funds
  • Competitive Earnings Credit May Offset Monthly Service and Activity Charges
  • FREE Internet Banking & Online Bill Pay Services

This account does not earn interest.

Business Money Market

  • $2,500 Minimum to Open Account
  • $2500 Daily Balance Required to Obtain APY**
  • Interest Compounds Daily and is Credited Monthly
  • Limit of 6 Pre-Authorized Debit Transactions per Month. A Reg. D Excessive Transaction Fee will be imposed for each excessive withdrawal.
  • UNLIMITED In-Person Withdrawals
  • $11.25 per Month Service Charge if the Minimum Daily Balance falls below $2,500
  • FREE Internet Banking


Business Savings

  • $100 Minimum to Open Account
  • $100 Daily Balance is Required to Obtain APY**
  • Interest Compounds Daily and is Credited Quarterly
  • Limit 6 Preauthorized Debit Transactions per month (a Reg. D Excessive Transaction Fee will be imposed for every withdrawal over 6 per month)
  • UNLIMITED In-Person Withdrawals
  • $11.25 per Quarter Service Charge if the Minimum Daily Balance falls below $100
  • FREE Internet Banking

**APY – Annual Percentage Yield