Savings Accounts, CDs and IRAs
Options for your long - and short-term goals.
- Statement Savings
- Investment Plus Savings
- Money Market
- Fixed-Rate CD
- IRA CD
- HSA
- Christmas Club
- Vacation club
- Money Management Tips
The Tools You Need to Fuel Your Growth
Whether you’re saving for a special event, financial independence, or the unexpected, we have a savings option for you.
Savings Account Options
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Statement Savings
Only $50 to open and no monthly service fees as long as your balance doesn’t fall below minimum balance requirements.* A basic but smart account with access to all Community Bank account features.
(Limit of 6 transfers per calendar month)
*$2 monthly service fee if balance falls below $200, $5 monthly service fee if balance falls below $50.
Transfers from a Statement Savings account to another account or to third parties by pre-authorized, automatic, telephone, or computer transfer or by check, draft, or similar order to third parties are limited to six per calendar month.
Investment Plus Savings
Earn more! Maintain a balance of $10,000*, and you’ll receive a competitive interest rate plus free online banking.
(Limit of 6 transfers per calendar month)
* $10 monthly service fee if balance falls below $10,000.
Transfers from an Investment Plus Savings account to another account or to third parties by pre-authorized, automatic, telephone, or computer transfer or by check, draft, or similar order to third parties are limited to six per calendar month.
Money Market
A savings account that works like a checking account. With this account you’ll not only earn interest on deposits of $10,000 and greater, you can write up to 6 checks per statement cycle.
(Limit of 6 transfers per statement cycle)
* $10 monthly service fee if balance falls below $10,000.
Transfers from a Money Market Index account to another account or to third parties by pre-authorized, automatic, telephone, or computer transfer or by check, draft, or similar order to third parties are limited to six per statement cycle.
Fixed-Rate CDs
Fixed-Rate CDs require a minimum deposit of $500 to open and earn interest. And they offer a wide range of terms to choose from. It’s that easy.
CD Specials
You have options! Take advantage of Rewarding Rates and boost your savings with our current CD Specials. Click Current CD Specials below for minimum balance to open, CD Terms and APYs.
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IRA CDs
Retiring soon? IRA CDs may be the best option for you. Our IRA CDs have fixed rates, require a minimum deposit of $500 to open and earn interest, and are available with a variety of terms.
Health Savings Accounts (HSAs)
This tax-advantaged* account is ideal if you have a high-deductible health plan. It helps you save money and get more control over your healthcare dollars. Flexible and affordable!
*Consult your tax advisor.
Christmas Club
Make the holidays easier by saving early. Our Christmas Club account only requires a $5 deposit to open. Then deposit between $5 and $20 for 50 consecutive weeks and watch your balance grow!
Vacation Club
Saving for your dream vacation has never been easier! With a required $5 deposit, open your Vacation Club account today, then deposit between $5 and $20 weekly until the mid-May payout date. Watch your balance grow while you plan your next vacation!
Let’s compare accounts. Which one is right for you?
| Statement Savings | Investment Plus Savings | Money Market | Fixed-Rate CDs | IRA CDs | Christmas Club | Vacation Club | |
|---|---|---|---|---|---|---|---|
| Annual Percentage Yield (APY) Earned | No minimum to earn APY | $10,000 minimum to earn APY | $10,000 minimum to earn APY | $500 minimum to earn APY | $500 minimum to earn APY | No minimum to earn APY | No minimum to earn APY |
Minimum Balance to Open | $50 | $10,000 | $10,000 | $500 | $500 | $5 | $5 |
| Monthly Service Fee | $2 if balance falls below $200, $5 if balance falls below $50 | $10 if balance falls below $10,000 | $10 if balance falls below $10,000 | None | None | None | None |
| Restrictions | See withdrawal limits | See withdrawal limits | See withdrawal limits | 91-day to 60-month terms | 12- to 60- month terms | Deposit $5 to $20 for 50 consecutive weeks | Required minimum weekly deposit is $5; maximum weekly deposit is $20 |
| Withdrawal Limits | Limit of 6 transfers per calendar month | Limit of 6 transfers per calendar month | Limit of 6 transfers per statement cycle | Penalty for early withdrawal | Penalty for early withdrawal | Withdrawals not permitted until the October payout date, without management approval. If withdrawal is allowed, the account may be closed and assessed a $10 service fee. | Withdrawals not permitted until the May payout date, without management approval. If withdrawal is allowed, the account may be closed and assessed a $10 service fee. |
Money Management Tips
It's never too early to save. In fact, it's smart to start as early as you can.
Earn 1.00% APY* with our Rewards Checking on qualifying balances up to and including $15,000.
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