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Power Invest Account
For all customers who have direct deposit or debit into any Community First Bank account.
Initial Deposit Requirement: $100
| Monthly Minimum Balance | Monthly Maintenance Fee |
$1,000 or more |
$0 |
$0 to $999 |
$15 |
You are limited to six (6) preauthorized withdrawals, automatic or telephone transfers, checks and debit cards or similar transactions payable to third parties from your account each monthly statement cycle. A fee of $4.00 per transfer will be assessed for excess transactions.
If your account is closed before interest is credited, accrued interest is not paid.
The interest rate paid will be based on tiered account balance levels - the higher the balance - the higher the interest rate.
Interest rates are subject to change at the discretion of the bank. Click here to review current rates or refer to the rate sheets available in the bank lobby.
Note: Interest is paid on "Collected Balances" only, and the simple daily interest is compounded monthly.
Early Closing Fee
If this account is closed six months or less after opening, an early closure fee will $15.00 will be assessed.
Call today (618)234-9500. We look forward to being of service to you!
Interest Rate Tiered at |
$0 to $ 9,999 |
$10,000 to $ 24,999 |
$25,000 to $149,999 |
$150,000 or more |
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