BUSINESS SAVINGS
Money Market Account
Our Money Market Account is an interest bearing account that provides an excellent return for your investment. You are allowed up to six transfers monthly, three of which can be made by check. The interest varies and is paid monthly. Some qualification restrictions apply. For more information please contact one of our branches.
Business Savings
A traditional savings account that is now available to businesses. This account pays you interest quarterly.
Health Savings Account (HSA)
Designed to help you offset the high cost of medical expense – both personally and for your business. Lower your taxes and your medical expense with this special account. This account also pays you tax deferred interest. Got questions? We have the answers.
For more account information, please see the chart below:
Commercial Savings Products & Fees
| CNB Product Type | Service Charges for Products |
Minimum Balance To Open Account | Features of Product |
| *Money Market (Non-Personal) | Monthly service charge of $27 if balance <$2,500 | $2,500 | Interest earned on balances of $2,500 and above |
| Health Savings Account(HSA) | Monthly service charge of $4 if balance < $2,000 $15.00 set up fee |
 $100 |  No debit card fee
Interest earned is tax deferred |
| *Business Savings | Monthly service charge of $14 per quarter if balance <$300
$3 per withdrawal over 9 per quarter |
$300 | Interest paid quarterly on balances above $300 (Interest earned is based on Savings Tiers)
0-99,999.99 $100,000. – $250,000 $250,000 and above Call for interest rate |
- Online Banking, Bill Pay, Telephone Banking and Electronic Statements available for all accounts at no charge.
- Available balance is used when determining service charge (when applicable)
*Regulatory limit of six (6) transfers or payments (preauthorized, automatic, by telephone, or from a personal computer), including drafts, checks, debit card, or similar orders (including POS transactions) payable to a third party, from your money market or savings account per statement cycle. Preauthorized or automatic transactions may be initiated by Telephone Banking, Online Banking, or standing order. This limit does not apply to deposits, in-person withdrawals, withdrawals at an ATM, automatic transfer to repay your CNB loan. Exceeding the regulatory limit on transfers and withdrawals on more than an occasional basis may result in your money market or savings account being converted to a transaction account. A fee of $10.00 may be assessed for each transfer or payment (including checks) in excess of six per monthly statement period.
