Checking
- Cobb Business Checking Account
- Commercial Checking Account
- Community Checking for Non-Profit Organizations
- Business Interest Checking Account
Small, medium or large businesses will find a checking account that will meet their needs. As a locally owned and managed community bank, we realize the importance of assisting businesses in our area to grow and prosper. All checking accounts come with the added benefits of:
- Personalized Service
- Business Checks printed on site
- Free Internet Banking Access
- Free Electronic Statements
Cobb Business Checking Account
The Cobb Business Checking Account is designed for small to medium sized businesses with low transaction volume.
- No maintenance fee with a:
- $1,000 minimum daily balance or
- $2,500 average daily balance
- $10.00 monthly maintenance fee if applicable
- $0.25 per item fee will be charged for debits and credits in excess of 150 per statement cycle
Commercial Checking Account
The Cobb Community Bank offers businesses an opportunity to offset service charges with earnings credit on deposited funds. The earnings credit may significantly reduce the amount of service fees incurred. Earnings credit is calculated based on the average investable balance. Commercial Checking accounts come with the added benefits of:
- Simplified analysis structure
- Unlimited transactions
- Comprehensive monthly statements
The account must be opened with a minimum of $500, and the following charges are considered in the analysis calculations:
| Maintenance Fee | $15.00 |
|---|---|
| Each Deposit | $0.80 |
| Items Deposited | $0.10 |
| Checks Paid | $0.15 |
| FDIC Insurance | $0.01625 / 100 average daily balance |
Other miscellaneous fees will be charged at the published rate.
Community Checking for Non-Profit Organizations
As a community service, The Cobb Community Bank offers the Cobb Business Checking Account free to non-profit organizations.
Business Interest Checking Account
Our Business Interest Checking Account is available to sole proprietors, non-profit organizations, governmental units and those acting in a fiduciary capacity. Federal regulations prohibit us from offering interest checking to partnerships and corporations.
- No maintenance fee with a:
- $2,500 Minimum daily balance or
- $3,500 average daily balance
- $12.00 maintenance fee if applicable
- No per debit charges
- Interest will be compounded daily on collected balances of $2,500 or more
- Interest will be credited to your account monthly
