Click
on the "more info" button to learn more about
each account below.
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$500.00 |
Simple Interest |
N/A |
|
$500.00 |
Compounded Monthly |
N/A |
|
$500.00 |
Compounded Monthly |
$100.00 |
|
$500.00 |
Compounded Monthly |
N/A |
|
$25.00 |
Compounded Monthly |
$25.00 |
These certificates earn interest at a fixed rate and the interest is compounded
at maturity. You must deposit $500.00 to open this account. You must maintain
a minimum daily balance of $500.00 in the account each day to obtain the
disclosed annual percentage yield. You will earn interest for every day during
the period that your account equals or exceeds the minimum daily balance
requirement. You may not make deposits into or withdrawals from your account
until the maturity date. If you withdraw any of the principal before the
maturity date, we may impose a penalty of 90 days of interest, whether earned
or not, on the amount withdrawn. You will have a grace period of 10 days
after the maturity date to withdraw the funds in the account without being
charged an early withdrawal penalty. Please contact your local Community
Bank Branch for more information.
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These certificates earn interest at a fixed rate and the interest is compounded
monthly. You must deposit $500.00 to open this account. You must maintain a minimum
daily balance of $500.00 in the account each day to obtain the disclosed annual
percentage yield. You will earn interest for every day during the period that
your account equals or exceeds the minimum daily balance requirement. You may
not make deposits into or withdrawals from your account until the maturity date.
If you withdraw any of the principal before the maturity date, we may impose
a penalty of 180 days of interest, whether earned or not, on the amount withdrawn.
You will have a grace period of 10 days after the maturity date to withdraw the
funds in the account without being charged an early withdrawal penalty. Please
contact your local Community Bank Branch for more information. |
These certificates earn interest at a variable rate. The interest rate and annual percentage yield may change after the account is opened. The interest rate may change daily, at the bank's discretion. There are no maximum or minimum interest rate limits for this account. Interest is compounded monthly. You must deposit $500.00 to open this account. Additional deposits are accepted to this account; minimum amount for additional eposits is $100.00. You must maintain a minimum balance of $500.00 in the account each day to obtain the disclosed annual percentage yield. You may not make withdrawals from your account until the maturity date. If you withdraw any of the principal before the maturity date, we may impose a penalty of 180 days of interest, whether earned or not, on the amount withdrawn. We will use the rate in effect on the date of the early withdrawal. You will have a grace period of 10 days after the maturity date to withdraw the funds in the account without being charged an early withdrawal
penalty.
Please contact your local Community Bank Branch for more information on Individual Retirement Accounts. |
These retirement accounts earn interest at a fixed
rate and the interest is compounded monthly. You must
deposit $500.00 to open this account. You must maintain
a minimum daily balance of $500.00 in the account
each day to obtain the disclosed annual percentage
yield. You will earn interest for every day during
the period that your account equals or exceeds the
minimum daily balance requirement. You may not make
deposits into or withdrawals from your account until
the maturity date. If you choose to transfer your
account to another financial institution, a transfer
fee of $20.00 will be imposed. If you withdraw any
of the principal before the maturity date, we may
impose a penalty of 180 days of interest, whether
earned or not, on the amount withdrawn.** You will
have a grace period of 10 days after the maturity
date to withdraw the funds in the account without
being charged an early withdrawal penalty. Please
contact your local Community Bank Branch for more
information.
*Please consult your accounting
professional for details on which type of IRA will
best suit your investment needs.
**Additional Early
withdrawal penalties may be imposed by the Internal
Revenue Service. Please consult your accounting
professional for more information. |
These retirement accounts earn interest at a variable rate.
The interest rate and annual percentage yield may change
after the account is opened. These retirement accounts earn interest at a variable rate. The interest rate and annual percentage yield may change after the account is opened. The interest rate may change daily, at the bank's discretion. There are no maximum or minimum interest rate
limits for this account. Interest is compounded monthly.
You must deposit $25.00 to open this account. Additional
deposits are accepted to this account; minimum amount for
additional deposits is $25.00. You must maintain a minimum
balance of $25.00 in the account each day to obtain the disclosed
annual percentage yield. You may not make withdrawals from
your account until the maturity date. If you choose to transfer
your account to another financial institution, a transfer
fee of $20.00 will be imposed. If you withdraw any of the
principal before the maturity date, we may impose a penalty
of 180 days of interest, whether earned or not, on the amount
withdrawn.** You will have a grace period of 10 days after
the maturity date to withdraw the funds in the account without
being charged an early withdrawal penalty. Please contact
your local Community Bank Branch for more information.
*Please consult your accounting
professional for details on which type of IRA will
best suit your investment needs.
**Additional Early
withdrawal penalties may be imposed by the Internal
Revenue Service. Please consult your accounting
professional for more information. |
Community Bank Certificates of Deposit are available with
fixed or variable rates and have terms of maturity ranging
from 30 days to 7 years.
Community Bank Individual Retirement
Accounts (IRA's) are available with fixed
or variable rates and have terms of maturity ranging
from 12 months to 7 years. All our IRA's are
available as Traditional, ROTH, SEP or SIMPLE IRA
plans.*
18 month and over IRA
*All Community Bank Individual Retirement Accounts(IRA's) are offered as
Traditional, ROTH, SEP and SIMPLE retirement plans. Please consult your
Accounting professional for information on which plan will best suit your needs.
Community Bank offers a wide variety of Certificates of Deposit (CD's) and Individual Retirement Accounts (IRA's) designed to suit your investment needs. Whether you are looking to invest on a short-term basis, on a long-term basis or just want to start small and allow your money to grow, Community Bank is committed to offering competitive rates and the service you deserve.
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