CSB Business Savings Options

  Passbook Savings Value Statement Savings Statement Savings Money Market Savings Platinum Savings
  open account open account open account open account open account
Available To and
Recommended For
Customers who want a traditional savings passbook Customers who do not need a checking account or carry a low balance in their savings Customers who want a traditional savings account with the ability to access their funds electronically Customers who want to earn competitive market rates, while still having access to their funds Customers who want to earn a premium interest rate
Monthly Service Charge Free if minimum daily balance is maintained, otherwise $3.00 Free if direct deposits are made to the account each month Free if minimum daily balance is maintained, otherwise $3.00 Free if minimum daily balance is maintained/ otherwise $10.00 Free if minimum daily balance is maintained/ otherwise $25.00
Minimum Deposit to Open Account $10.00 $10.00 $10.00 $5,000.00 $100,000.00
Minimum Daily Balance $100.00 None $100.00 $5,000.00 $100,000.00
Interest Compounded and credited quarterly Compounded and credited monthly Compounded and credited monthly Compounded and credited monthly Compounded and credited monthly
ATM & Debit Card Access No Yes Yes Yes No
Xpress Net Banking Free Free Free Free Free
Xpress Phone Banking Free Free Free Free Free

 

Transaction Limits

Transaction limits apply to all savings accounts. Under federal regulations, you are allowed up to six pre-authorized withdrawals per monthly statement cycle, including telephone or electronic transfers. There is no limit on deposits or the number of withdrawals you can make at an ATM, by mail, or any CSB office.The Commercial and Savings Bank reserves the right to accept deposits from its local market area. No brokered deposits.

** An early closing fee of $25.00 will apply to all savings accounts that are closed within 90 days of the opening date.


CSB Locations