Designed especially for accounts with large numbers of deposits and withdrawals, Community Bank offers this comprehensive approach to full financial services. In general, the monthly account activity (number of debits and deposits) is analyzed and compared to an earnings credit based on the average monthly collected balance to determine the total monthly fee. The fee total may be reduced, or completely eliminated depending on the earnings credit.
The monthly maintenance fee totals $5.00 plus and activity fee of $0.20 per account debit and $0.10 per deposited item. A monthly earnings credit, calculated from your monthly average collected balance times the 91-day Treasury Bill rate, is applied as an offset to your total monthly fee.