Commercial Banking Company Basic Savings Account

Commercial Banking Company Basic Savings Account Review

Commercial Banking Company Basic Savings Account is offered by Commercial Banking Company, a bank founded in 1929 and based in Valdosta, GA. Commercial Banking Company Basic Savings Account are available in 1 state across the USA.

Key Takeaways

• $0 monthly account fees available. This account charges a monthly service fee of up to $4, but the fee is waived if you keep a minimum balance of $100.
• $100 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit or have no minimum.
• No ATM fees. Commercial Banking Company Basic Savings Account does not charge fees on ATM transactions.

Commercial Banking Company Basic Savings Account Pros & Cons

Commercial Banking Company Basic Savings Account FAQ

Are savings accounts from Commercial Banking Company federally insured?

Yes, your Commercial Banking Company savings accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). 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.

Does Commercial Banking Company offer a signup bonus?

Commercial Banking Company Basic Savings Account doesn't offer a signup bonus.

What is the minimum initial deposit for Commercial Banking Company Basic Savings Account?

What APY does Commercial Banking Company Basic Savings Account offer?

Commercial Banking Company Basic Savings Account is not an interest-bearing account.

What fees does Commercial Banking Company Basic Savings Account charge?

Commercial Banking Company Basic Savings Account does not charge a monthly service fee. See the fee breakdown section below to view all fees.

However, you can waive the monthly fees if you have a minimum daily balance of $100. You can also waive the fee by keeping a combined balance of $100.

What features and perks does Commercial Banking Company Basic Savings Account offer?

This savings account includes the following features:

• Check images with monthly statement - Reconciling your accounts and complying with document retention standards is easier when you have access to a copy of your checks for each statement period.
• Fraud monitoring - Commercial Banking Company Basic Savings Account 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 Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
• Mobile Banking Services - Commercial Banking Company Basic Savings Account allows you to manage your money online or with a mobile app.

Can you set up a direct deposit to Commercial Banking Company Basic Savings Account?

Yes, you can typically set up a direct deposit to this account. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

What is the customer support email for Commercial Banking Company Basic Savings Account?

The customer support email for Commercial Banking Company Basic Savings Account is info@cbcbank.com.