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Community First Bank IOLTA

in Business Checking Accounts from Community First Bank of South Carolina · Member fdic

Unaffiliated

Community First Bank IOLTA

Unaffiliated

in Business Checking Accounts from Community First Bank of South Carolina · Member FDIC

Not enough votes for recommendation

Highlights
Monthly Fee	Starting at $12
ATM Fee: Out-of-Network	$1.50
Minimum Balance to Avoid Monthly Fee	N/A
APY (Annual Percentage Yield)	N/A

Community First Bank IOLTA Review

Community First Bank IOLTA is offered by Community First Bank of South Carolina, a bank founded in 1990 and based in Walhalla, SC. Community First Bank IOLTA is available in 2 states across the USA.

Key Takeaways

Free bill pay. Pay your bills to practically anyone in the United States through Community First Bank of South Carolina.
Hard credit pull. Community First Bank of South Carolina may require a hard pull on your credit report to open a checking account.

Community First Bank IOLTA Pros & Cons

Pros	Cons
Access to physical branches.	No signup bonus. Does not earn interest. Does not provide access to a nationwide ATM network. Does not come with a debit card Only available in 2 states. Higher than average wire transfer fees. Charges a fee on out-of-network ATM transactions.

Community First Bank IOLTA FAQ

Are business checking accounts from Community First Bank of South Carolina federally insured?

Yes, your Community First Bank of South Carolina business checking accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #32838). 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 IOLTA offer?

Community First Bank IOLTA is not an interest bearing account.

What are the account minimums for Community First Bank IOLTA?

Community First Bank IOLTA requires a minimum initial deposit of $50 to open an account.

Community First Bank IOLTA Account Minimums
Description	Amount
Minimum Initial Deposit	$50

What fees does Community First Bank IOLTA charge?

Community First Bank IOLTA Fees
Description
ATM Fee: In-Network	$0
ATM Fee: Out-of-Network	$1.50
Debit Card Replacement Fee	$10
Early Account Closure	$20
Monthly Fee	Starting at $12
NSF Fee	$35
Online Bill Pay Fee	$0
Overdraft Item Fee	$35
Paper Statement Fee	$5
Returned Deposit Fee (Domestic)	$10
Stop Payment Fee	$30
Wire Transfer Fee - Domestic (Incoming)	$15
Wire Transfer Fee - Domestic (Outgoing)	$20
Wire Transfer Fee - International (Incoming)	$60
Wire Transfer Fee - International (Outgoing)	$60

What features and perks does Community First Bank IOLTA offer?

This account includes the following features:

Check images with statement - Reconciling your accounts and complying with document retention standards is easier when you have access to a copy of your checks.
Fraud monitoring - Community First Bank IOLTA monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
Mobile Banking Services - Community First Bank IOLTA allows you to manage your money online. This includes depositing checks in your account with your smartphone.

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