Business Banking

For a full list of fees contact us for a copy of the Commercial Schedule of Fees.

Business Regular Checking | Business Economy Checking | Non Profit Checking | Business Money Market | Express Deposit Checking | Business Savings | Non Profit Savings | Business CDs

Business Regular Checking

Non-interest bearing business checking account designed for those customers with more complex financial needs. An earnings credit is calculated on the account's monthly average collected balance. Monthly account activity determines the account expenses which are deducted from the earnings credit. If earnings on the account exceed the expenses, there is no monthly fee. However, if expenses exceed the account's earnings credit the account will be debited for the difference. Debit cards and eVue statements available.

  • Minimum to open = $100.00
  • Earnings credit on average balance
  • $10.00 monthly maintenance fee
  • $0.17 on each debit item
  • $0.10 on each credit item
  • $0.10 on each deposited item
Business Economy Checking

Non-interest bearing checking account for businesses with low activity. Debit cards and eVue statements available ($5.00 monthly fee for paper statements).

  • Minimum to open = $100.00
  • $10.00 service charge per month with up to 175 total items*
  • $17.00 service charge per month with up to 176-250 total items*
  • $0.25 per item* in excess of 250 per month
  • Monthly statements available via eVue only ($5.00 monthly fee for paper statements)

*An item is any check written/ debit/ credit to account or any deposited item.

Non- Profit Checking

Non-interest bearing checking account for non-profit organizations. Debit cards and image statements available.

  • Minimum to open = $100.00
  • Maintain minimum average daily balance of $100.00 = no monthly service charge; Less than $100.00 = $2.00 monthly service charge
  • Unlimited deposits and debits
Non- Profit Savings

Interest bearing savings account for non-profit organizations. Variable interest compounded quarterly and paid quarterly based on daily balance. Statement provided quarterly. Debit cards available (when attached to a CNB Business checking account).

  • Minimum to open = $100.00
  • Maintain minimum daily balance of $200.00 = no monthly service charge; Less than $200.00 = $2.00 monthly service charge
  • Limit of 9 withdrawals per quarter; excess withdrawals $1.00 per occurrence
  • Limit of six (6) transfers from your account each four week or similar period if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.
Business Savings

Account designed for businesses to accumulate interest and increase savings. Variable interest compounded quarterly and paid quarterly on daily balance. Statement provided quarterly. Debit cards (when attached to a CNB Business checking account) and eVue statements available.

  • Minimum to open = $100.00
  • Maintain minimum daily balance of $200.00 = no service charge; Less than $200.00 = $2.00 monthly service charge
  • Limit of 9 withdrawals per quarter; excess withdrawals $1.00 per occurrence
  • Limit of six (6) transfers from your account each four week or similar period if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft , debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.
Business Money Market

A tiered interest bearing account with limited transactions. Using the following tiers a variable interest rate is paid on the daily balances:

    Tier 1 $0.00 - $24,999.99
    Tier 2 $25,000.00 - $49,999.99
    Tier 3 $50,000.00 - $199,999.99
    Tier 4 $200,000.00 - $499,999.99
    Tier 5 $500,000.00 & above

  • Minimum to open = $1,000.00
  • Minimum daily balance of $1,000 = no monthly service charge; Less than $1,000 = $10.00 service charge
  • Limit of 6 withdrawals per quarter; excess withdrawals $10.00 per occurrence
  • Limit of six (6) transfers from your account each four week or similar period if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft , debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.
Express Deposit Checking

Non-interest bearing business checking account designed for those customers with more complex financial needs. This product allows the flexibility to process deposits from the business location 24/7. An earnings credit is calculated on the account's monthly average collected balance. Monthly account activity determines the account expenses which are deducted from the earnings credit. If earnings on the account exceed the expenses there is no monthly fee. However, if expenses exceed the account's earnings credit the account will be debited for the difference. Debit cards and eVue statements available.

  • Minimum to open = $100.00
  • Earnings credit on average collected balance
  • $35.00 monthly maintenance fee (customers with scanning device); or $40.00 monthly maintenance fee (scanner supplied by Ca├▒on National Bank)
  • $0.05 on each debit item
  • $0.05 on each credit item
  • $0.05 on each deposited item
  • $0.10 on each ACH credit item
  • $0.17 on each ACH debit item


Click here to watch our easy to use remote Check Scanner in action.

 

Business CDs

Certificate of Deposit designed to give flexibility and a guaranteed interest rate to fit your financial needs. Minimum to open is $1,000.00. The term chosen will determine the rate of interest earned. Interest earned may be deposited to a checking, savings account or added back to the principal according to the terms agreed on at the time of the CD purchase

  • Specific terms available: 91 Day Certificate, 182 Day Certificate, 12 Month Certificate, 24 Month Certificate, 36 Month Certificate, 48 Month Certificate or 60 Month Certificate
  • Subject to early withdrawal penalties if partial or all funds withdrawn- see bank representative for other specific details