Checking Accounts
Community Bank Club
Join the Club! Enjoy the benefits of being a member in the Community Bank Club. Our bank club has just been improved to include more and better benefits of membership. Check it out and contact us to see how you can become a member.
Member Benefits include:
- Free club checks
- No annual fee for a debit card
- Upgrade to a photo debit card*
- $10 discount on a safe deposit box (any size)
- Earn interest with average monthly balance of $1000 or more
- Free Cashiers Checks
- Receive your check images in your statements
- 24 hour ATM, Internet Banking and Voice Access privileges
- Receive a "bump" on your CDs*
- Membership in the Community Travelers Club
- 24-hour Accidental Death and Dismemberment Insurance
- Child I.D. Kit
- First Aid Emergency Guide
- Credit Card Protection Registry
- Home Inventory Protection List
- Explore Iowa Travel Coupons
- Quest National Program Membership (saves you 50% off participating hotels)
- Heartland Inn discounts
- Admission discounts to Adventureland and the Iowa State Fair
- Discount coupons to statewide attractions
The basic Community Club checking account is available for $7.50 per month. Certain options may increase that charge. Customers over the age of 55 can receive Club benefits for $4.50 per month. Speak to a customer service representative today and hear how you can enjoy the benefits of being a member! Join the Club!
*some restrictions apply
Community Free Checking
If you would like a standard, no-frills account you can keep at no monthly service charge, than this is the account for you. Here is what Community Free Checking has to offer you:
- No minimum balance required
- Free standard debit card for the 1st year. The annual fee thereafter is $10 per account. Or choose the Photo Debit Card for an annual fee of $15 per account*.
- Free ATM usage at Privileged Status machines.
- Link your savings account to transfer funds in $100 increments when your checking falls below a minimum balance. $2 fee/transfer
- If requested, your monthly statement will show your check images at no additional charge
*Note: the annual fee for the Photo Debit Card will not be waived during the first year.
Preferred Customer Accounts (three account relationships)
When you have three or more account relationships with Community Bank of Boone, your Community Free Checking account becomes even better! You can add:
- Free non-duplicate checks or a $6.00 discount per box of duplicates
- Your choice of a $10 discount toward a safe deposit box or waive the annual debit card fee (certain restrictions may apply)
Community Interest Checking
If you would like a no-frills account that earns interest and you can keep a $1000 minimum balance in your account, than this account is perfect for you. This newest member of our product family allows customers to have the same great perks as our free account, plus you can earn interest!
- Minimum balance of $1000 required. $5 monthly charge if minimum balance is not met.
- Interest is paid on a tiered structure.
- Free standard debit card usage for the 1st year. The annual fee thereafter is $10 per account. Or choose the Photo Debit Card for an annual fee of $15 per account*.
- Free ATM usage at Privileged Status machines.
- Link your savings account to transfer funds in $100 increments when your checking falls below a minimum balance. $2 fee/transfer
- If requested, your monthly statement will show your check images at no additional charge
*Note: the annual fee for the Photo Debit Card will not be waived during the first year.
Preferred Customer Accounts (three account relationships)
When you have three or more account relationships with Community Bank of Boone, your Community Interest Checking account becomes even better! You can add:
- Free non-duplicate checks or a $6.00 discount per box of duplicates
- Your choice of a $10 discount toward a safe deposit box or waive the annual debit card fee (certain restrictions may apply)
Health Savings Account
A Health Savings Account is a tax-favored consumer savings account for individuals and families covered by high deductible health insurance plans. Health Savings Accounts allow for tax-deductible contributions and tax-free distributions of basis and earnings if withdrawals are used for qualified medical expenses.
- $25 to open
- Interest is earned with a balance of $2,500
- Interest is paid on a tiered structure
- %4 monthly fee for balances below $2,500
You are eligible for a Health Savings Account if for any month you:
- Are covered under a High Deductible Health Plan (HDHP) on the first day of such month
- Are not also covered by any other health plan that is not a HDHP (with limited exceptions)
- re not enrolled for benefits under Medicare (generally not yet age 65)
- Are not eligible to be claimed as a dependent on another person’s tax return