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Savings

CommunityBank of Texas Savings Accounts are designed to help you meet your financial goals. Maximize your earnings and enjoy the peace of mind that comes from FDIC security. We offer a variety of savings accounts for every savings goal. Plus, you'll always enjoy easy access to your account 24/7 through Community XPress Online Banking.

Regular Savings Account*

 

Description:

Regular savings account which generates a quarterly statement to customers

Minimum balance to open account

Minimum balance to Avoid Fee

Minimum balance for APY

Per Item Fee

$100

$200.00

N/A

N/A

Features / Benefits
  • ATM Card
Qualifications
  • Must maintain a daily minimum balance of $200.00 to avoid monthly service charge
Interest Rate
  • Interest is paid quarterly on the outstanding daily balance
  • See bank for rate information.  Rates are subject to change 
Bounce Protection
  • * Not applicable
Service Charge
  • $1.50 fee per withdrawal in excess of three (3) per quarter
  • $3.00 monthly service charge if balance falls below $200 at any time 
Penalty
  • This Account is subject to Regulation D restrictions. Withdrawals, other than in-person, are limited to six (6) per statement cycle.  A $20.00 fee will be imposed for each withdrawal over six (6).

This fee is in addition to other service charges / fees disclosed. Continued violations may result in the account being converted to a non-interest bearing account in accordance with Regulation D.

(*)          You will be charge our standard $30.00 paid item fee for each overdrawn item created by a teller withdrawal, an automatic payment (ACH) transaction or a recurring Visa check card payment.

All negative balances must be brought positive within 30 days.  Bank reserves the right not to pay item(s) if account is not kept in good standing.  Alternatives to cover overdrafts include a link to your checking account or a line of credit.  Ask bank for details.

 

Student Savings*

 

Description:

Whether you're saving for a car, spring break in Mexico or a new computer, a CommunityBank of Texas Student Savings Account makes saving money easy.  This account offers competitive interest rates, unlimited ATM withdrawals and no monthly service charges.  With a minimum opening deposit of only $25, itís the perfect account for full time students between 14 and to 22 years of age.

Must be joint account with parent or guardian if student is under the age of 18

Minimum balance to open account

Minimum balance to Avoid Fee

Minimum balance for APY

Per Item Fee

$25

N/A

N/A

N/A

Features/Benefits
  • ATM Card 
Interest Rate
  • Interest is paid quarterly on the outstanding daily balance
  • See bank for rate information.  Rates are subject to change
Bounce Protection
  • * Not applicable
Service Charge
  • $2.00 fee per withdrawal in excess of two (2) per quarter
Penalty
  • This account is subject to Regulation D restrictions.

    Withdrawals, other than in-person, are limited to six (6) per statement cycle.  A $20.00 fee will be imposed for each withdrawal over six (6).

This fee is in addition to other service charges / fees disclosed.  Continued violations may result in the account being converted to a non-interest bearing account in accordance with Regulation D.

(*)         You will be charge our standard $30.00 paid item fee for each overdrawn item created by a teller withdrawal, an automatic payment (ACH) transaction or a recurring Visa check card payment. 

All negative balances must be brought positive within 30 days. Bank reserves the right to pay item(s) if account is not kept in good standing.  Alternatives to cover overdrafts include a link to your checking account or a line of credit.  Ask bank for details.

 

 

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