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Manual

SV102-Rate

Truth In Savings Disclosure

TISA Disclosure for SV Product 102 – SIMPLY SAVINGS

The interest rate and annual percentage yield stated below are accurate as of 03/16/2020. If you would like more current rate and yield information, please call us at (864) 364-6130.

This disclosure contains the rules which govern your deposit account. Unless it would be inconsistent to do so, words and phrases used in this disclosure should be construed so that the singular includes the plural and the plural includes the singular.

We reserve the right at any time require not less than 7 days notice in writing before any withdrawal from an interest-bearing account.

Variable Rate – The interest rate is a variable rate. The interest rate and annual percentage yield may change.

Determination of Rate – The interest rate and annual percentage yield for your account are listed below.
NOTE: In this disclosure, Annual Percentage Yield is abbreviated as “APY”.

Interest Rate: .0500% APY: .05%

Frequency of Rate Change – We may change the interest rate on your account at any time at our discretion.

Minimum Balance Requirements – You must deposit a minimum of $50.00 to open this account.
Minimum daily balance of $100.00 required to avoid fees.

To Avoid the Imposition of Fees – A Maintenance Fee of $3.00 will be imposed monthly. The maintenance fee can be avoided with a $100.00 minimum daily balance. This fee will be waived for the first two monthly service charge cycles.

To Obtain the Annual Percentage Yield Disclosed – You must maintain a minimum balance of $.01 in the account each day to obtain the disclosed annual percentage yield.

Compounding and Crediting – Interest will be compounded daily. Interest will be credited monthly.

Effect of Closing an Account – If you close your account before interest is credited, you will receive the accrued interest.

Balance Computation Method – We use the Daily Balance Method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Accrual of Interest on Noncash Deposits – Interest begins to accrue on the same business day you deposit noncash items (for example, checks).

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Manual

CDP6M-Rate

Truth In Savings Disclosure

TISA Disclosure for CD Product P6M – PERSONAL 6-MONTH CD

The interest rate and annual percentage yield stated below are accurate as of 11/1/2022. If you would like more current rate and yield information, please call us at (864)364-6130.

This disclosure contains the rules which govern your deposit account. Unless it would be inconsistent to do so, words and phrases used in this disclosure should be construed so that the singular includes the plural and the plural includes the singular.

Fixed Rate – The Interest rate is a fixed rate. The interest rate and annual percentage yield for your account depend upon the applicable rate tier. We will pay these rates until next maturity.

Minimum Balance To Open Account: $500.00

Balance Interest Rate APY*
$0.00 – $19,999.99 .4200% .42%
$20,000.00 – $49,999.99 .4200% .42%
$50,000.00 – $74,999.99 .4200% .42%
$75,000.00 – $99,999.99 .4200% .42%
$100,000.00 – $199,999.99 .4200% .42%
Balances over $199,999.99 .4200% .42%

* In this disclosure, Annual Percentage Yield is abbreviated as “APY”.

Compounding and Crediting – Frequency – Interest will be compounded at maturity. Interest will be at maturity.

Withdrawal of Interest before Maturity – The annual percentage yield assumes that interest remains on deposit until maturity. A withdrawal of interest will reduce earnings.

Effect on Closing an Account – If you close your account before interest is credited, you will receive the accrued interest.

To Obtain the Annual Percentage Yield Disclosed – You must maintain a minimum balance of $0.01 in the account each day to obtain the disclosed annual percentage yield.

Balance Computation Method – We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Accrual of Interest on Noncash Deposits – Interest begins to accrue on the same business day you deposit noncash items (for example, checks).

Maturity Date – Your account will mature six months from the date of opening.

Time Deposit Withdrawal Limitations – You may not make withdrawals of principal from your account before maturity. You can only withdraw interest credited in the term before maturity of that term without penalty. Interest can be withdrawn anytime during the term after it is credited to your account.

Early Withdrawal Penalty – A penalty will be imposed for withdrawals before maturity. The penalty will be an amount equal to three months interest on the amount withdrawn.

Additions to Account – You may not make any deposits into your account until maturity.

Renewal Policy – Automatic Renewal: This account will automatically renew at maturity. You will have ten (10) calendar days after the maturity date to withdraw funds without a penalty.

Renewal Terms – Each renewal term will be the same as the original term, beginning on the maturity date.

Renewal Interest Calculation – Interest will be calculated on the same basis as during the original term.

Categories
Manual

DD113-Rate

Truth In Savings Disclosure

TISA Disclosure for DD Product 113 – PERSONAL MONEY MARKET

The interest rate and annual percentage yield stated below are accurate as of 5/22/2023. If you would like more current rate and yield information, please call us at (864) 364-6130.

This disclosure contains the rules which govern your deposit account. Unless it would be inconsistent to do so, words and phrases used in this disclosure should be construed so that the singular includes the plural and the plural includes the singular.

We reserve the right at any time require not less than 7 days notice in writing before any withdrawal from an interest-bearing account.

Variable Rate – The interest rate is a variable rate. The interest rate and annual percentage yield may change.

Determination of Rate- The interest rate and annual percentage yield for your account depend upon the applicable rate tier. The interest rate and annual percentage yield for these tiers may change.

Balance Interest Rate APY*
$0.00 – $2,499.99 1.250% 1.26%
$2,500.00 – $29,999.99 1.450% 1.46%
$30,000.00 – $99,999.99 1.800% 1.82%
$100,000.00 – $199,999.99 2.000% 2.02%
Balances Over $199,999.99 2.100% 2.12%

*In this disclosure, Annual Percentage Yield is abbreviated as “APY”.

Frequency of Rate Change – We may change the interest rate on your account at any time at our discretion.

Minimum Balance Requirements – You must deposit at least $50.00 to open this account. Minimum daily balance of $500.00 required to avoid fees.

To Avoid the Imposition of Fees – A Maintenance Fee of $10.00 will be imposed every monthly statement cycle if the balance in the account falls below $500.00 on any day of the monthly statement cycle. This fee will be waived for the first two statement cycles.

To Obtain the Annual Percentage Yield Disclosed- You must maintain a minimum balance of $.01 in the account each day to obtain the disclosed annual percentage yield.

Compounding and Crediting – Frequency – Interest will be compounded daily. Interest will be credited monthly.

Effect of Closing an Account – If you close your account before interest is credited, you will receive the accrued interest.

Balance Computation Method – We use the Daily Balance Method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Accrual of Interest on Noncash Deposits – Interest begins to accrue on the same business day you deposit noncash items (for example, checks).

Categories
Manual

DD105-Rate

Truth In Savings Disclosure

TISA Disclosure for DD Product 105 – PLATINUM INTEREST CHECKING

The interest rate and annual percentage yield stated below are accurate as of 03/16/2020. If you would like more current rate and yield information, please call us at (864) 364-6130.

This disclosure contains the rules which govern your deposit account. Unless it would be inconsistent to do so, words and phrases used in this disclosure should be construed so that the singular includes the plural and the plural includes the singular.

Variable Rate – The interest rate is a variable rate. Your interest rate and annual percentage may change.

Determination of Rate – The interest rate and annual percentage yield for your account depend upon the applicable rate tier. The interest rate and annual percentage yield for these tiers may change.

BalanceInterest RateAPY*
$0.00 – $1,499.99.0500%.05%
Balances Over $1,499.99.1000%.10%

*In this disclosure, Annual Percentage Yield is abbreviated as “APY”.

Frequency of Rate Change – We may change the interest rate on your account at any time at our discretion.

Minimum Balance Requirements – You must deposit a minimum of $50.00 to open the account.  Minimum daily balance of $1500.00 is required to avoid fees.

To Avoid Imposition of Fees – A Maintenance Fee of $10.00 will be imposed every monthly statement cycle if the balance in the account falls below $1500.00 any day of the monthly statement cycle. This fee will be waived for the first two statement cycles.

To Obtain the Annual Percentage Yield Disclosed – You must maintain a minimum balance of $.01 in the account each day to obtain the disclosed annual percentage yield.

Compounding and Crediting Frequency – Interest will be compounded daily. Interest will be credited monthly.

Effect of Closing an Account – If you close your account before interest is credited, you will receive the accrued interest.

Balance Computation Method – We use the Daily Balance Method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Accrual of Interest on Noncash Deposits – Interest begins to accrue on the same business day you deposit noncash items (for example, checks).

Free Community First checks

Categories
Manual

DD104-Rate

Truth In Savings Disclosure

TISA Disclosure for DD Product 104 – DIRECT INTEREST CHECKING

The interest rate and annual percentage yield stated below are accurate as 03/16/2020. If you would like more current rate and yield information, please call us at (864) 364-6130.

This disclosure contains the rules which govern your deposit account. Unless it would be inconsistent to do so, words and phrases used in this disclosure should be construed so that the singular includes the plural and the plural includes the singular.

Variable Rate – The interest rate is a variable rate. Your interest rate and annual percentage may change.

Determination of Rate – The interest rate and annual percentage yield for your account are listed below.
NOTE: In this disclosure, Annual Percentage Yield is abbreviated as “APY”.

Interest Rate: .0500% APY: .05%

Frequency of Rate Change – We may change the interest rate on your account at any time at our discretion.

Minimum Balance Requirements:
You must deposit a minimum of $50.00 to open the account.
No minimum balance required.
No monthly service charge.

To Obtain the Annual Percentage Yield Disclosed – You must maintain a minimum balance of $.01 in the account each day to obtain the disclosed annual percentage yield.

Compounding and Crediting Frequency – Interest will be compounded daily. Interest will be credited monthly.
Effect of Closing an Account – If you close your account before interest is credited, you will receive the accrued interest.

Balance Computation Method – We use the Daily Balance Method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Accrual of Interest on Noncash Deposits – Interest begins to accrue on the same business day you deposit noncash items (for example, checks).

Categories
Manual

DD102-Rate

Truth In Savings Disclosure

TISA Disclosure for DD Product 102 – 50+ INTEREST CHECKING

Available to customers age 50 and over.

The interest rate and annual percentage yield stated below are accurate as of 03/16/2020. If you would like more current rate and yield information, please call us at (864) 364-6130.

This disclosure contains the rules which govern your deposit account. Unless it would be inconsistent to do so, words and phrases used in this disclosure should be construed so that the singular includes the plural and the plural includes the singular.

Variable Rate – The interest rate is a variable rate. Your interest rate and annual percentage may change.

Determination of Rate – The interest rate and annual percentage yield for your account are listed below. NOTE: In this disclosure, Annual Percentage Yield is abbreviated as “APY”.

Interest Rate: .0500% APY: .05%

Frequency of Rate Change – We may change the interest rate on your account at any time at our discretion.

Minimum Balance Requirements:
You must deposit a minimum of $50.00 to open the account.
No minimum balance required.
No monthly service charge.

To Obtain the Annual Percentage Yield Disclosed – You must maintain a minimum balance of $.01 in the account each day to obtain the disclosed annual percentage yield.

Compounding and Crediting Frequency – Interest will be compounded daily. Interest will be credited monthly.

Effect of Closing an Account – If you close your account before interest is credited, you will receive the accrued interest.

Balance Computation Method – We use the Daily Balance Method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Accrual of Interest on Noncash Deposits – Interest begins to accrue on the same business day you deposit noncash items (for example, checks).

Free Community First checks

Categories
Manual

DD101-Rate

Truth In Savings Disclosure

TISA Disclosure for DD Product 101 – SIMPLY FREE CHECKING

The interest rate and annual percentage yield stated below are accurate as of 10/12/2018. If you would like more current rate and yield information, please call us at (864) 364-6130. This disclosure contains the rules which govern your deposit account. Unless it would be inconsistent to do so, words and phrases used in this disclosure should be construed so that the singular includes the plural and the plural includes the singular.

This checking account does not earn interest.

Minimum Balance Requirements:
You must deposit a minimum of $50.00 to open the account.
No minimum balance required.
No monthly service charge.

Categories
Manual

Pay Loan

4 OPTIONS FOR PAYING YOUR COMMUNITY FIRST BANK LOAN

  1. Pay Using Community First Bank Online Banking (No Fee) by registering for online banking.
  2. Transfer funds from another Financial Institution (No Fee)
  3. Mail your payment (Cost of postage)
  4. Make a One-time monthly payment with a Debit or Credit Card (3% of payment fee applies)
    You can make your Community First Bank loan payment online using any Visa or Mastercard debit or credit card (a 3% of payment fee applies). This fee helps to cover transactional costs incurred. If you would like to avoid a fee, please consider the three No Fee payment options listed above.

How to pay with a debit or credit card:

  1. Review the debit/credit card payment disclosure below.
  2. Click “PAY NOW” below and pay your monthly loan payment online anytime, 24/7. (Note: Your payment will authorize immediately on your card, and post to your Community First Bank loan within 2 business days).

Debit/Credit card payment disclosure:

By clicking “PAY NOW” I understand that I am submitting an online payment to the Community First Bank loan I herein specify, and I agree to the following:

  • This payment method includes a maximum payment amount of $3000.00.
  • I authorize Community First Bank to initiate a charge on my debit or credit card in the amount I request, plus a fee of 3% of the payment amount.
  • I acknowledge that I am responsible for entering the correct payment amount and Community First Bank account number and that Community First bank may rely wholly upon the information I provide.
  • There is a sufficient balance on my debit or credit card to pay the requested payment plus the fee, and agree that Community First Bank is not liable for any overdraft or insufficient funds charges (including, but not limited to, NSF Fees or finance charges) caused by my failure to maintain funds sufficient to pay the payment amount I request.
  • I understand that the holder of my credit or debit card may charge cash advance fees for this transaction, and it is my responsibility to be aware of and to pay any such applicable fees.
  • I understand that the online payment will be authorized immediately on my card, and subsequently credited to my Community First Bank loan within 2 business days.


[ PAY NOW ]

Categories
Manual

Debit/Credit Card Payment Disclosure

FOUR OPTIONS TO PAY
YOUR COMMUNITY FIRST BANK LOAN

  1. Pay Using Community First Bank Online Banking (No Fee) by registering at www.c1stbank.com
  2. Transfer funds from another Financial Institution (No Fee)
  3. Mail your payment (Cost of Postage)
  4. Make a one-time monthly payment with a Debit or Credit Card (3% of Payment Fee Applies)

You can make your Community First Bank loan payment online using any Visa or Mastercard debit or credit card (a 3% of payment fee applies). This fee helps to cover transactional costs incurred. If you would like to avoid a fee, please consider the three No Fee payment options listed above.

HOW TO PAY WITH A DEBIT OR CREDIT CARD

  1. Review the debit/credit card payment disclosure below.
  2. Click “Make A Payment” below and pay your monthly loan payment online anytime, 24/7.
    (Note: Your payment will authorize immediately on your card, and post to your Community First Bank loan within 2 business days)

MAKE A PAYMENT

DEBIT/CREDIT CARD PAYMENT DISCLOSURE

By clicking “Make A Payment” I understand that I am submitting an online payment to the Community First Bank loan I herein specify, and I agree to the following:

  • This payment method includes a maximum payment amount of $3000.00.
  • I authorize Community First Bank to initiate a charge on my debit or credit card in the amount I request, plus a fee of 3% of the payment amount.
  • I acknowledge that I am responsible for entering the correct payment amount and Community First Bank account number, and that Community First bank may rely wholly upon the information I provide.
  • There is a sufficient balance on my debit or credit card to pay the requested payment plus the fee, and agree that Community First Bank is not liable for any overdraft or insufficient funds charges (including, but not limited to, NSF Fees or finance charges) caused by my failure to maintain funds sufficient to pay the payment amount I request.
  • I understand that the holder of my credit or debit card may charge cash advance fees for this transaction, and it is my responsibility to be aware of, and to pay any such applicable fees.
  • I understand that the online payment will be authorized immediately on my card, and subsequently credited to my Community First Bank loan within 2 business days.
Categories
Manual

Common Disclosures

ONLINE ACCOUNT OPENING DISCLOSURES

Community First Bank

BANK HOURS

LOBBY:
Mon-Thurs: 9am – 5pm
Fri: 9am – 6pm

DRIVE-THRU:
Mon-Thurs: 8:30am – 5pm
Fri: 8:30am – 6pm

 

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Community First Bank
NMLS #607801

Quick Links

Pay Loan Online
Community First Bank

877-881-2130

864-364-6130

Community First Bank
NMLS #607801

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