Commercial Money Maker Investment Account

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commercial money marketThe CNB Commercial Money Maker Investment  Account was created for businesses that save regularly save money regularly and withdraw cash only a few times a month.  As a reward for your investment of $50,000 or more, you receive higher yields for your high balance deposits.  Benefits of the CNB Commercial Money Maker Investment account include:

  • Minimum deposit of $10,000 to open
  • Six transfers or withdrawals each statement cycle, three of which can be checks
  • No limit to the number of transfers or withdrawals handled in person
  • If daily balance falls below $10,000 at any time during the statement cycle, a lower annual percentage yield will be earned for that day
  • Bank charges apply if the average collected balance falls below $5,000 any time in the statement cycle
  • A charge of $5 will be assessed for each debit over three
  • Rates are subject to change
  • Funds insured by the FDIC up to $250,000