As a business owner or manager, you want to run your operation efficiently, serve your customers or clients effectively, and increase your bottom line. At Community Bank, we’ve created a select set of products and services that give you the tools to manage your finances conveniently, flexibly and cost-effectively.
Small Business Checking
To get started, simply choose either our Small Business Checking or our Commercial Checking. Then, stop by any Community Bank location to get started. It’s easier than you think.
Small Business Checking
Our checking account designed for customers such as small businesses, sole proprietorships and non-profit organizations with moderate monthly activity.
*If balance falls below $200 at any time during the month a $5.00 service fee will be assessed, and a $.20 per debit fee will be applied for each debit during the statement cycle.
Commercial Checking accounts are designed for corporations with a higher volume of activity.
Earnings credit is given for the Average Collected Balance in your account during the statement cycle. This credit is applied towards transaction charges.
Earnings credit is currently .34%.
Charges are as follows:
Earn a variable rate of interest that increases as your balance grows.
Cash Management Services
Designed to save you time and money. It’s like having a virtual bank that is open 24/7.
With Community Bank’s Cash Management service you can conveniently process ACH collections, ACH payments and Payroll Direct Deposits without the typical ACH origination fees charged by other banks. Our Cash Management service offers the following suite of services:
Payroll Direct Deposit
Automate payroll procedures to reduce the time associated with processing paper checks and employee reports. Payroll Direct Deposit offers your employees immediate access to their hard earned income.
Cash Management at Community Bank will allow you to collect payments electronically. This works very well for businesses that need to collect rent, dues, donations, etc.
Our Cash Management service allows you to pay anyone that accepts electronic payments. All you need to set up a payment is the payee’s account number and bank routing number.
Funds Transfer Services
Initiate transfers anytime, anywhere; Community Bank offers secure transfer service through our Internet Banking/Cash Management product.
Initiate wire transfers in person or on the phone.
Check and Statement Imaging
Now you can view images of checks that have cleared your account online – anytime!
Request a Stop Payment
Our online banking service allows you to submit a stop payment request anytime
Our Cash Management product utilizes the latest encryption technology, which allows you to safely view account balances and complete bank transactions online.
Remote Deposit Capture
Your business can save time and money by using remote deposit capture. With this system, you can electronically deposit scanned checks through a secure Internet connection from the convenience of your office or shop. Scanned checks are processed as usual, and you receive a deposit receipt.
Taking advantage of remote deposit capture through Community Bank virtually eliminates the need to make deposits in person and can provide more efficient cash management for your business.
Remote deposit capture can benefit your organization in many ways:
Reduce costs and save time. Courier, transportation and insurance expenses decrease with reduced physical transportation of checks. You can also deposit when it's convenient for you.
Consolidate banking relationships. If your organization has multiple locations, checks from each location can be scanned and sent to one account. You will no longer need multiple local banking relationships with the corresponding fees.
Improve cash flow. You can increase efficiency with faster deposits, quicker access to funds and faster collection of returned items.
Ensure security. A secure, encrypted connection provides privacy and accuracy along with an audit trail for tracking and recording. You may experience fewer data entry errors and lower risk of check fraud or loss. You can also assign varying access levels to users within your company.
Work greener. Remote deposit capture eliminates greenhouse gases by decreasing trips to the bank and eliminating physical transportation of checks throughout processing.
Remote deposit capture through Community Bank is easy to implement and brings you convenience and savings. To learn more about how this service can work for you, call a business banker at any Community Bank location today.
A Roadmap to Financing
There’s no escape route when it comes to financing a business: You need money to make money. Knowing your options for financing can help you make informed decisions without losing sight of your long-term objectives.
With a customer first approach, we can offer you two important benefits, quick turn around on your loan request and flexibility in designing loan packages. Our lenders are here to help you with financing for you or your business. We take pride in moving your business forward with loans that fit your unique borrowing needs
Working Capital or Long-Term Loan?
The first step is to identify your potential reasons for borrowing. Does business slow down at certain times of year, or go up and down in waves? If you’re concerned about cushioning your cash flow during down times or simply need money to fund day-to-day expenses, a working capital loan or revolving line of credit may be a good choice. If you put it in place now, funding will be available whenever you need it.
If you have a goal in mind that requires a lump sum of cash, consider a long-term loan instead. These types of loans are used for financing large projects that are paid off over set terms, typically for the purchase of equipment, property or a business expansion. You may use a long-term loan for building, buying farm land, acquiring another company or any other project that moves your business forward.
Look No Further
At Community Bank we don’t begin by assuming we know everything about you or your business. We take time to listen and gather information before we suggest a product or service. Wherever you’re headed, our business lenders are happy to help map out your plans. Contact a lender at any Community Bank location to learn more.
You have specific needs and goals. We’re committed to helping you reach them.
Credit Card Services
Americans love their credit cards – an average American carries five or six. So it stands to reason that your customers want to be able to use their plastic when they buy from you. This is true for any consumer transaction, but especially for those done online.
Through our partner, United Bank Card we offer a variety of options to help merchants at the point of sale. This includes authorization and processing of credit & debit cards along with gift & loyalty cards. Whether you are starting or expanding your business, we invite you to put our team to work for you.
Your business can benefit from the advantages of accepting credit and debit cards:
Improved cash flow
Potential for increased sales
Greater likelihood of moving big-ticket items
Automatic currency conversion
Business Credit Cards
Visa Business Cash Card
Earn cash back* every time you use your card: 3% on office supply store net purchases and phone/internet services, 2% on restaurant and gas net purchases, and 1% on all other eligible net purchases, plus get $25 cash back after your first purchase.
Visa Business Bonus Rewards Card
Watch your rewards add up fast with 1 point for every $1 you spend on eligible net purchases, and receive automatic bonus points each month. Plus get $25 cash back* after your first purchase.
Visa Business Bonus Rewards PLUS Card
Watch your rewards add up even faster with 1 point for every $1 you spend on eligible net purchases, and receive even more automatic bonus points each month, plus get $50 cash back* after your first purchase - all with a low annual fee.
*Rewards points can be redeemed as a cash deposit to a checking or savings account or as a statement credit to your credit card account. First purchase bonus points will be applied 6 to 8 weeks after first purchase, and are not awarded for balance transfers or cash advances.
For more information about any the Credit Cards, contact a banker at any Community Bank location.