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Simply Free Business
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Business Analysis
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Business Interest
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IOLTA
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Ideal For
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Perfect For Most Businesses
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For Businesses With More Complex Banking Needs
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Designed For Sole Proprietorships and Not-For-Profits
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Exclusively For Attorneys
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Minimum To Open
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$50
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$50
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$50
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$50
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Monthly Service Charges
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$0
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$12
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$10
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$12
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Ways To Avoid Monthly Service Charges
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N/A
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Based on earnings credit
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$1,500 minimum daily balance2
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Based on earnings credit
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Free Items Per Month
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- 1,000 Free Monthly Transactional Items1
- Up to $10,000 currency deposited per month1
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None
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- 1,000 Free Monthly Transactional Items1
- Up to $10,000 currency deposited per month1
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None
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Service Fees
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None
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- Transaction items $0.15 each
- Coin and Currency deposits $0.50 per $1,000
- Currency (per strap) $0.09
- Coin (per roll) $0.09
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None
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- Per debit $0.18
- Per credit $0.39
- Per item deposited $0.09
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Business Online Banking-Basic
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Unlimited access at no charge
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Unlimited access at no charge
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Unlimited access at no charge
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Unlimited access at no charge
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Mobile Banking*
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No charge
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No charge
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No charge
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No charge
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Bill Pay
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No charge
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No charge
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No charge
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No charge
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Statements
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N/A
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N/A
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N/A
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Paper statements $2 per month; no charge for eStatements (waived for those with $10,000 or more in combined deposits)
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Interest
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N/A
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N/A
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Competitive Interest
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Paid on daily balance, compounded daily and credited monthly
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Other Benefits
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- MasterCard® debit card
- Telephone Banking
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- MasterCard® debit card
- Telephone Banking
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- MasterCard® debit card
- Telephone Banking
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1If the Simply Free Business or Business Interest account consistently exceeds $10,000 coin and currency per month and/or 1,000 items per month, it will be moved to Business Analysis Checking.
2Community First Bank will recognize a grace period of 30 days.