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  Commercial Banking Company Money Market Account
Commercial Banking Company Money Market Account
in Money Market Accounts from Commercial Banking Company
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Commercial Banking Company Money Market Account

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in Money Market Accounts from Commercial Banking Company
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Highlights
APY (Annual Percentage Yield) 0%
Minimum Balance to Earn APY $2,500
Minimum Opening Deposit Starting at $2,500

Commercial Banking Company Money Market Account Review

Commercial Banking Company Money Market Account is offered by Commercial Banking Company, founded in 1929 and based in Valdosta, GA. Commercial Banking Company Money Market Account is available in 51 states across the USA.

Key Takeaways
  • Low APY. The maximum annual percentage yield for this account is only 0.
  • Charges a monthly fee. This account charges a monthly service fee of up to $25, but the fee is waived if you keep a minimum balance of $2,500.
  • High minumum deposit. You must deposit a minimum of $2,500, which is high compared to most money market accounts.
Pros & Cons of Commercial Banking Company Money Market Account
Pros Cons
  • Available in all 50 states.
  • Does not offer mobile check deposits.
  • No signup bonus.
  • Does not provide a debit card.
  • Not FDIC-insured.
  • Monthly service charge.
Commercial Banking Company Money Market Account FAQ

Are money market accounts from Commercial Banking Company federally insured?

No, your Commercial Banking Company money market accounts are not insured by a federal insurance agency. This means that if Commercial Banking Company were to fall into financial difficulties, your deposits are not covered by a government backed insurance fund like the FDIC or NCUSIF.

What are the interest rates for CBC money market rates?

CBC money market is not an interest-bearing account.

What are the fees for Commercial Banking Company Money Market Account?

This account charges a monthly maintenance fee of up to $25. You can avoid this fee by maintaining a balance of $2,500.

Commercial Banking Company will charge you a $6 fee if you exceed your maximum number of monthly transactions.

Commercial Banking Company Money Market Account Fees
Fees Amount
Monthly Fee up to $25
Paper Statement Fee N/A
Excess Transaction Fee $6

What is the minimum balance for CBC money market?

Minimum deposit of $2,500. You must make an initial deposit of at least $2,500 to open this account.

Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $2,500.

Interest rate minimum balance of $2,500. You must keep the account balance above $2,500 to earn interest.

What features and perks does CBC money market offer?

This account includes the following features:

What is the support contact email?

The support contact email for this business credit card is info@cbcbank.com.

How to open an account with Commercial Banking Company

  • Visit the Commercial Banking Company website.
  • Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
  • Check the information is accurate and submit your application.
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Contact

Other Services by Commercial Banking Company

Availability

  Available in 50 states and Washington, D.C.
  • Alaska
  • Alabama
  • Arkansas
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Massachusetts
  • Maryland
  • Maine
  • Michigan
  • Minnesota
  • Missouri
  • Mississippi
  • Montana
  • North Carolina
  • North Dakota
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • Nevada
  • New York
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Vermont
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming

Feature Breakdown

Minimum Balance to Avoid Monthly Fee Starting at $2,500
Minimum Balance to Earn APY $2,500
Minimum Opening Deposit Starting at $2,500
Monthly Fee $0 - $25
Account Features
  • Mobile Check Deposit
  • Interest Bearing Account
  • Mobile Banking
  • Fraud Monitoring
  • Fraud Protection
  • Branch Access
  • Member FDIC
APY (Annual Percentage Yield) 0%
Dividend Rate 0%

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