Checking Accounts
Community First Bank Checking Accounts
Take advantage of the personal nature of a local community bank with all the convenience of a national bank.
Community First Bank has four Missouri locations, and clients can benefit from utilizing a national chain of surcharge-free ATMs.
Information for Checking Accounts
Variable Rate Information
All interest-bearing checking and savings accounts earn a variable rate. At our discretion, your interest rate and annual percentage yield may change at any time.
Compounding and Crediting Frequency
Checking and Health Savings Accounts-Interest will be compounded and credited every month. Savings-Interest will be compounded and credited every quarter.
Effect of Closing Account
If you close your account before interest is credited, you will not receive the accrued interest.
Balance Computation Method
We use the daily balance method to calculate interest; this method applies a daily periodic rate to the collected balance in the account each day.
Accrual of Interest on Noncash Deposits
Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (i.e. checks).
Service Charges
Service charges will apply to all checking accounts on a monthly basis, savings on a quarterly basis, if a minimum balance is not maintained or other required account stipulations are not met for each applicable account type.
Bonus
Any promotion offered by Community First Bank will be reported on your statement and on your year-end tax form.
Premier Checking (Interest Bearing)
- Minimum Balance to Open: $100.00
- Minimum Daily Balance to Avoid Monthly Service Charge: $1,500.00
- Monthly Service Charge: $8.00
- Minimum Daily Balance to Obtain Annual Percentage Yield: $0.00
- Variable Rate Account
- Unlimited Check-Writing Ability
- Free CFB Personal Checks
- Free Money Orders
- Free 3x5 Safe Deposit Box, 30% Discount on Other Sizes, Subject to Availability
- Money Saving Benefits*:
- Shopping and dining discounts from local and national retailers
- Nationwide travel, hotel, recreation and entertainment discounts
- Savings on prescriptions, vision and hearing aids
- Personal Protection Benefits*:
- Cell phone protection
- Roadside assistance
- $2,500 personal identity theft benefit
- Identity restoration
- Payment card fraud resolution
- $10,000 travel accidental death insurance
*Please see additional information on details and requirements of benefits.
- Minimum Balance to Open: $100.00
- Monthly Service Charge: $6.00
- Unlimited Check-Writing Ability
- One Free Box of CFB Personal Checks Per Calendar Year
- Free Money Orders
- Free 3x5 Safe Deposit Box, Subject to Availability
- Money Saving Benefits*:
- Shopping and dining discounts from local and national retailers
- Nationwide travel, hotel, recreation, and entertainment discounts
- Savings on prescriptions, vision and hearing aids
- Personal Protection Benefits*:
- Cell phone protection
- Roadside assistance
- $2,500 personal identity theft benefit
- Identity restoration
- Payment card fraud resolution
- $10,000 travel accidental death insurance
*Please see additional information on details and requirements of benefits.
- Minimum Balance to Open: $100.00
- Minimum Daily Balance to Avoid Monthly Service Charge: $100.00
- Monthly Service Charge: $7.00
- Unlimited Check-Writing Ability
Business Analysis Checking
- Minimum Balance to Open: $100.00
- Monthly Service Charge Based on Account Analysis Pricing Below:
- Debit Charges: $0.16
- ACH Charges: $0.16
- Deposits: $0.40
- Foreign Items: $0.05
- On Us Items: $0.15
- Monthly Maintenance Fee: $1.00
- Earnings Credit Allowance: 0.75%
- Less 10% Reserve Required by Federal Reserve
- Cap on Earnings Credit Allowance: 4.0%
Business Regular Checking (for Non-Profit Organizations only)
- Minimum Balance to Open: $100.00
- Minimum Balance to Avoid Service Charge: $500.00
- Monthly Service Charge if Balance Falls Below Minimum: $5.00
- Service Charge Waived for Non-Profit Organizations
Business Money Market (Interest Bearing)
- Minimum Balance to Open: $100.00
- Minimum Balance to Obtain Disclosed APY: $0.00
- Variable Rate Account/Tiered
- $.01-$2,499.99-current rate/APY, please inquire with CSR
- $2,500.00-$9,999.99-current rate/APY, please inquire with CSR
- $10,000.00-$24,999.99-current rate/APY, please inquire with CSR
- $25,000.00-$49,999.99-current rate/APY, please inquire with CSR
- $50,000.00-$89,999.99-current rate/APY, please inquire with CSR
- $90,000.00 or greater-current rate/APY, please inquire with CSR
- Service Charge if Excess Transfers Exceeded: $1.00 per Withdrawal
- Fee applicable if there are an excess of six debit transactions (withdrawals, checks paid, transfers, automatic payments, debit card, etc.) during a statement cycle.
Use your card anywhere Visa debit cards are accepted, and any Community First Bank ATM or others in your surcharge-free network.
Surcharge-Free ATM Network
All ATMs with any of the above network logos are surcharge-free for Community First Bank debit cardholders. For ATMs outside of the Shazam Privileged Status or MoneyPass network, a fee of $1.00 per transaction will apply to our account holders in addition to any fees charged by the ATM issuing bank.