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  Community First Bank Business Money Fund Checking Account

Community First Bank Business Money Fund Checking Account

in Business Checking Accounts from Community First Bank · Member fdic

Unaffiliated

Community First Bank Business Money Fund Checking Account

Unaffiliated

in Business Checking Accounts from Community First Bank · Member FDIC

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Highlights
Monthly Fee Starting at $10
ATM Fee: Out-of-Network N/A
Minimum Balance to Avoid Monthly Fee $2
APY (Annual Percentage Yield) N/A

Community First Bank Business Money Fund Checking Account Review

Community First Bank Business Money Fund Checking Account is offered by Community First Bank, a bank founded in 0 and based in New Iberia, LA. Community First Bank Business Money Fund Checking Account is available in 1 state across the USA.

Key Takeaways
  • Small minimum initial deposit. You only need $2 to open an account.
  • Hard credit pull. Community First Bank may require a hard pull on your credit report to open a checking account.
Community First Bank Business Money Fund Checking Account Pros & Cons
Pros Cons
  • Access to physical branches.
  • No signup bonus.
  • Does not earn interest.
  • Does not offer mobile check deposits.
  • Does not provide access to a nationwide ATM network.
  • Does not come with a debit card
  • Only available in one state.
  • Higher than average wire transfer fees.
Community First Bank Business Money Fund Checking Account FAQ

Are business checking accounts from Community First Bank federally insured?

Yes, your Community First Bank business checking accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #35020). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does Community First Bank Business Money Fund Checking Account offer?

Community First Bank does not provide interest rate information until you apply for a new account.

What are the account minimums for Community First Bank Business Money Fund Checking Account?

Community First Bank Business Money Fund Checking Account requires a minimum initial deposit of $2 to open an account.

Community First Bank Business Money Fund Checking Account Account Minimums
Description Amount
Minimum Initial Deposit $2,500
Minimum Balance to Avoid Monthly Fee $2

What fees does Community First Bank Business Money Fund Checking Account charge?

Community First Bank Business Money Fund Checking Account Fees
Description
Monthly Fee Starting at $10
Wire Transfer Fee - Domestic (Incoming) $10
Wire Transfer Fee - Domestic (Outgoing) $20
Wire Transfer Fee - International (Incoming) $10
Wire Transfer Fee - International (Outgoing) $50

What features and perks does Community First Bank Business Money Fund Checking Account offer?

This account includes the following features:

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Availability

  Available in 1 state
Louisiana
Availabile in all of Louisiana

Feature Breakdown

Minimum Balance to Avoid Monthly Fee $2
Minimum Opening Deposit Starting at $2
Monthly Fee Starting at $10
Wire Transfer Fee - Domestic (Incoming) $10
Wire Transfer Fee - Domestic (Outgoing) $20
Wire Transfer Fee - International (Incoming) $10
Wire Transfer Fee - International (Outgoing) $50
Bank Account Features
  • FDIC Member
  • Branch Access
  • Interest Bearing Account

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Community First Bank Business Checking Accounts

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