Personal Banking
PLATINUM MONEY MARKET
This account does earn interest. The rate and annual percentage
yield depends on the applicable balance tiers which are as follows:
| $ 0.00 |
to $ 1,999.99 |
| $ 2,000.00 |
to $ 4,999.99 |
| $ 5,000.00 |
to $ 9,999.99 |
| $10,000.00 |
to $24,999.9 |
| $25,000.00 |
and over |
Consult with a Commerce State Bank representative for current rates.
$5,000.00 deposit required to open this account.
To avoid a monthly maintenance fee, maintain a daily minimum balance
of $2,000.00 or an average monthly balance of $8,000.00. If you
fail both requirements, there is a $12.00 maintenance fee plus $.25
for each check or withdrawal that month.
Checks* can be written against this account, $250.00 minimum per
check. There is a $1.00 processing fee for checks written for less
than $250.00.
*Activity Limits: You may make up to 6 pre-authorized,
automatic, or telephone transfers per month. Only 3 of the 6 withdrawals
may be by check to 3rd parties.
Regardless of balance, the following monthly activity limits and
charges will apply:
| More Than 5 Deposits |
$.50 each |
| More Than 10 Items Deposited |
$.10 each |
| More Than 6 Withdrawals |
$.50 each |
Interest is calculated using the daily balance method and a 365
day basis. Interest is compounded and paid monthly.
Rates are subject to change.
For your convenience, Commerce State Bank offers Internet Banking.
Check your account balance(s) anytime or anywhere and view the history
for your account(s). You can also transfer funds. Contact the bank
for more information!
Debit Card & Teller Fees
Fees and limits applicable to Personal Checking and Savings Products
that have Debit Card capabilities.
- Debit Card Issuance Fee One Card Free Per Account Owner
- Card or Pin Replacement Fee $5.00
- ATM Surcharge – Inquires & Withdrawals $.50/@if >6
total in a statement period
NOTICE REGARDING ATM FEES BY OTHERS: You may be
charged a fee by the operator of the machine and/or by an automated
transfer network.
International Transaction Assessment Fee: When
you use your VISA debit card at a merchant that settles in currency
other than U.S. dollars, the charge (i) will be converted into U.S.
dollars using an exchange rate for the applicable processing date
that is (a) selected by VISA from the range of rates available in
wholesale currency markets (which rate may vary from the rate VISA
itself receives) or (b) the government-mandated rate; and (ii) will
assess an International Service Assessment Fee of 1% on all international
transactions regardless of whether or not a currency conversion
is involved. (Except in Puerto Rico and the US Virgin Islands.)
We may pass this fee on to you. |
