Savings Accounts

Community First Bank Savings Accounts

Keep your savings safe and secure with your hometown community bank. Bank with Community First Bank, and enjoy a personal relationship with our team and first-class customer service for all of your banking needs.

General Information for Savings 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.

Regular Savings Account
(Interest Bearing)

  • Minimum Balance to Open: $25.00
  • Minimum Balance to Obtain Disclosed Annual Percentage Yield (APY): $25.00
  • Variable Rate Account
  • Fee if Excess Transfers Exceeded $1.00 per Withdrawal
    • Fee applicable if there is an excess of three withdrawals from this account (withdrawals, transfers, automatic payments, ATM, etc) in a quarter.
    • Transactions are limited by regulations. If transaction limits are exceeded, customer may be required to change account product.
View Interest Rates

Prepare for Holiday Expenses with a Christmas Club Account

Let Community First Bank help make the holidays less stressful by opening a Christmas Club Account. Call your local CFB branch for more details.

Make Your Well-Being a Priority with a Health Savings Account

Prioritize your health and set money aside for healthcare expenses with a Health Savings Account from CFB. Contact your local branch for further information.

Start Saving with Community First Bank

Bank with CFB