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Deposit Products

Community Bank in Alva offers a wide range of checking and savings accounts that include on-line and mobile banking. We offer competitive interest rates on our savings accounts, CD’s and IRA’s.

Checking


Regular checking (with paper statement)

  • $100.00 minimum to open

  • $300.00 minimum balance requirement

  • $6.00 monthly service charge

  • No charge at Community Bank ATM’s

  • Monthly paper statements

  • First debit or ATM card free

 

Regular Checking (GoStatements)

  • $100.00 minimum to open

  • No monthly minimum balance requirement

  • NO charge at Community Bank ATM’s

  • No monthly fees

Fees

Close up of papers

Ranger Checking Account

  • $10.00 minimum to open

  • Current NWOSU student ID required

  • Free NWOSU Rangers debit or ATM card

  • No charge at Community Bank ATM’s

  • $5.00 monthly charge for paper statements

  • Free T-shirt

Fees

A piggy bank with a graduation cap

NOW Accounts

  • $1000.00 minimum to open

  • Earns Interest

  • No charge at Community Bank ATM’s

  • $1000.00 minimum balance

  • Monthly Statements

  • No monthly fees if minimum balance is met

  • $7.50 monthly service charge is account

  • falls below minimum balance

  • First debit or ATM card free

 

Super NOW Accounts

  • $100.00 minimum to open

  • $300.00 minimum balance requirement

  • $6.00 monthly service charge

  • No charge at Community Bank ATM’s

  • Monthly paper statements

  • First debit or ATM card free

Fees

A line of coins

 


 

Business Accounts

  • $500.00 minimum to open

  • Monthly statement with check images

  • $500.00 minimum balance required

  • $10 monthly service charge

    • No service charge if balance does not fall below $500.00

Fees

A pair of businessmen discussing business

 

Savings


 

Regular Savings

  • $50.00 minimum to open

  • Interest paid quarterly

  • Six (6) withdrawals per month 

  • If more than nine (9) withdrawals are made per quarter a $1.00 per item will be charged

  • Quarterly statements

  • No interest paid if balance falls below $10.00

 

Money Market Deposit Accounts

  • $2,500.00 minimum to open

  • Earns Interest

  • Limit of six (6) transfers per month

  • Unlimited number of deposits

  • $10.00 monthly service charge if account falls below minimum balance

Fees

A piggy bank with sunglasses on a beach

 

Certificate of Deposit


Super NOW Accounts

  • $1,000.00 minimum to open

  • Earns Interest

  • No penalty if maturity is reached

A close up of papers

 

Individual Retirement Account (IRA’s)

  • $1,000.00 minimum to open

  • Earns Interest

  • No penalty if maturity is reached

Blocks spelling out IRA
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