Free Checking provides you with our most basic account. It requires a $50.00 opening balance but no minimum balance. It also provides unlimited checking with no monthly service charge, no monthly service charge Debit card or ATM card, Internet Banking, and Free Bill Pay! Stop by one of our seven locations for complete details!
Regular Business Checking provides our businesses
the flexibility they need without the per deposit item charges that
most banks charge! There
is only a $100 opening balance requirement, but no monthly minimum
balance. Plus, you are
only charged for the checks you write with a benefit of receiving
one free check service charge for each $100 average balance you
maintain in your account.
The charge for each debit from your account is 20 cents per item.
That is it! This
account also provides you with our basic access to Internet Banking
and Bill Pay, with additional Business services available (payment gateway access) for a
minimal fee. Stop by one
of our seven locations for complete details!
Health Savings Accounts are intended to help you save money and take greater
control of your health care costs. HSAs are always coupled with a High Deductible Health
Plan (HDHP). HDHPs feature much lower premium payments than typical Low Deductible Plans.
The money you save on premium payments can be invested in your HSA. Those funds will be
available to help cover out-of-pocket qualified medical expenses. You are permitted to
deduct the full amount of your contributions to your HSA and you do not pay taxes on the
earnings as long as you spend them on qualified medical expenses.
To find out if you qualify for a Health Savings Account, please
consult your attorney, tax or financial advisor with regard to your
personal situation. Once you know that you are qualified, please
contact one of our HSA representatives at the Community First Bank office
location closest to you. We will be happy to assist you in opening your Health Savings
Account. Check out our GREAT rates on these accounts.
If you need help in obtaining a personalized quote for a qualified
high deductible health insurance plan or need to contact an HSA
consultant, click here for a contact.
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Community First Bank offers a savings account, which
requires $100.00 to open which will be waived for minors.
Minimum balance to receive interest is $25.00. Three
withdrawals per quarter allowed free, additional withdrawals $1.00
per withdrawals. Statement printed and mailed quarterly in March,
June, September, and December.
Community First Bank offers some of the best money market rates in the area.
The minimum balance to open our Community First Bank Money Market checking account is $2,500.00.
We offer six tiers of interest rates for your convenience. The more money you invest, the
more interest you earn!
Transfers from a Money Market Checking account to another account
or to third parties by pre-authorized, automatic, or telephone
transfer are limited to six per statement cycle
To find out more about the different checking, savings, or money market accounts we offer,
please call or stop by one of our seven locations. One of our team members will be glad to
explain the many benefits of each account, and make sure you are opening the type of account
that most benefits your needs!
Community First Bank offers Certificates of Deposit with competitive
If your CD is for one year or less, the early withdraw penalty is three months interest. If
your CD is for more than one year, the early withdrawal penalty is six months interest.