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  Community First Bank Of Washington Money Market Account
Community First Bank Of Washington Money Market Account
in Money Market Accounts from Community First Bank of Washington · Member FDIC
Unaffiliated

Community First Bank Of Washington Money Market Account

Unaffiliated
in Money Market Accounts from Community First Bank of Washington · Member FDIC
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Highlights
APY (Annual Percentage Yield) Starting at 0.01%
Minimum Balance to Earn APY $500
Minimum Opening Deposit Starting at $500

Community First Bank Of Washington Money Market Account Review

Community First Bank Of Washington Money Market Account is offered by Community First Bank of Washington, a bank founded in 0 and based in Kennewick, WA. Community First Bank Of Washington Money Market Account are available in 1 state across the USA.

Key Takeaways

  • Charges a monthly fee. This account charges a monthly service fee of $9, but the fee is waived if you keep a minimum balance of $500.
  • $500 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit.

Pros & Cons of Community First Bank Of Washington Money Market Account

Pros Cons
  • Access to physical branches.
  • Free debit card and the option to lock/unlock the card if lost or stolen
  • Deposit checks remotely.
  • No signup bonus.
  • Only available in one state.
  • Monthly service charge.

Community First Bank Of Washington Money Market Account FAQ

Are money market accounts from Community First Bank of Washington federally insured?

Yes, your deposits are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #34627). 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 are the interest rates for Community First Bank money market rates?

Community First Bank money market offers an APY starting at 0.01% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $500.

Community First Bank money market Rates and Terms
Rates Amount
APY (Annualized Percentage Yield) 0.01%

What are the fees for Community First Bank Of Washington Money Market Account?

This account charges a monthly maintenance fee of up to $9. You can avoid this fee by maintaining a balance of $500.

Community First Bank of Washington will charge you a $10 fee if you exceed your maximum number of monthly transactions.

Community First Bank of Washington will allow you to make up to 6 withdrawals or transactionss per month. That is also the maximum set by federal regulations.
Community First Bank Of Washington Money Market Account Fees
Fees Amount
Monthly Fee up to $9
Paper Statement Fee N/A
Excess Transaction Fee $10

What is the minimum balance for Community First Bank money market?

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

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

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

What features and perks does Community First Bank money market offer?

This account includes the following features:

  • Fraud monitoring - Community First Bank of Washington monitors transactions for potentially fraudulent activity.
  • Mobile Banking Services - Community First Bank money market allows you to manage your money through online banking and a dedicated mobile app. This includes depositing checks in your account with your smartphone.

What is the customer service phone number?

The customer service number for this business card is .

What is the support contact email?

The support contact email for this business credit card is ebanking@community1st.com.

How to open an account with Community First Bank of Washington

  • Visit the Community First Bank of Washington 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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Availability

  Available in 1 state
Washington
Availabile in all of Washington

Feature Breakdown

Minimum Balance to Avoid Monthly Fee Starting at $500
Minimum Balance to Earn APY $500
Minimum Opening Deposit Starting at $500
Monthly Fee $9
Account Features
  • Free Bill Pay
  • Mobile Check Deposit
  • Mobile Banking
  • Fraud Monitoring
  • Debit Card Lock/Unlock
  • Fraud Protection
  • Debit Card
  • Branch Access
  • Member FDIC
APY (Annual Percentage Yield) Starting at 0.01%
Dividend Payout Frequency Monthly

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