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Portage Community Bank

Business Savings & Certificate of Deposits

Community Business Statement Savings

$100.00 Minimum Balance Requirement
$3.00 Monthly Service Fee (Note 1)
$15.00 Fee per Check Written or Debit (Note 2)
Daily Compounding Interest Method (Note 3)
Variable Rate Interest
No Earnings Credit
No Fee per Deposit
No Fee per Deposited Item
Monthly Statement

Note 1 – Service fee is charged if the balance falls below the minimum balance requirement.

Note 2 – Transaction defined as, you may make 6 transfers from your account during a statement cycle.  A fee of $15.00 per item will be charged over these limits.  Repeated offenses to the 6 transfer limit will result in dishonoring of items and account closure.

Note 3 – Based on collected balance.

Community Business Index Account

$2,000.00 Minimum balance Requirement
$8.00 Monthly Service fee (Note 1)
$15.00 Fee per Check Written or Debit
Daily Compounding Interest Method (Note 3)
Tiered Rate
No Earnings Credit
No Fee per Deposit
No Fee per Deposited Item
Monthly Statement

Note 1 – Service fee is charged if the balance falls below the minimum balance requirement.

Note 2 – Transaction defined as, you may make 6 transfers from your account during a statement cycle.  A fee of $15.00 per item will be charged over these limits.  Repeated offenses to the 6 transfer limit will result in dishonoring of items and account closure.

Note 3 – Based on collected balance.

Community Business Certificate of Deposit

$1,000.00 Minimum balance Requirement
Rate is based on the Term
Daily Compounding interest Rate Method (Note 3)
No Monthly Service Fee
No Monthly Statement

Note 1 – Service fee is charged if the balance falls below the minimum balance requirement.

Note 2 – Transaction defined as, you may make 6 transfers from your account during a statement cycle.  A fee of $15.00 per item will be charged over these limits.  Repeated offenses to the 6 transfer limit will result in dishonoring of items and account closure.

Note 3 – Based on collected balance.

 

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