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Commerce National Bank & Trust
Commerce National Bank & Trust Commerce National Bank & Trust

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Savings

Personal Savings Account

  • $100 minimum deposit to open
  • Tiered interest rate structure.  Interest will be compounded daily, credited quarterly, and paid on the collected balance.  No minimum balance required to earn interest.
  • $2 monthly maintenance fee; maintenance fee can be avoided by maintaining a $250 minimum daily collected balance or $500 average collected balance
  • Free Internet Banking
  • Federal regulations restrict the number of preauthorized, automatic, telephonic, Internet Banking, and facsimile transfers to six during a four week or similar period.  Should you exceed the number of federally mandated transfers, you will be assessed a $5 fee for each debit that exceeds the limitations.  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited and not subject to any excessive debit fee.
  • Statements will be delivered quarterly.  For any preauthorized transfers or automatic transfers, statements will be delivered monthly.

Youth Savings Account

Requires joint account ownership with parent or legal guardian. Does not qualify for relationship banking package.

  • $50 minimum deposit to open
  • Tiered interest rate structure.  Interest will be compounded daily, credited quarterly, and paid on the collected balance.  No minimum balance required to earn interest.
  • No monthly maintenance fee
  • Free Internet Banking
  • 2 free withdrawals per month; additional withdrawals are each assessed a $5 fee
  • Federal regulations restrict the number of preauthorized, automatic, telephonic, Internet Banking, and facsimile transfers to six during a four week or similar period.  Should you exceed the number of federally mandated transfers, you will be assessed a $5 fee for each debit that exceeds the limitations.
  • Statements will be delivered quarterly.  If there have been any preauthorized transfers or automatic transfers, statement will be delivered monthly.