Personal Savings & Retirement Accounts
Click here for access to a personal account application. Print, complete and mail, fax or walk-in to your nearest branch.
Regular Savings - Effective August 1st, 2012
Get a "jumpstart" on saving for the future with this account that also has a competitive interest rate. Invest weekly or monthly to start building for the future.
• $300 minimum deposit to open
• Competitive interest rate compounded monthly, paid quarterly
• Six (6) free transfers or withdrawals/quarter
• Excess transfers or withdrawals will result in charge of $5 each
• Maintain $300 minimum daily balance to avoid $10 service charge /quarter
• No minimum balance requirement for minors or custodial accounts
Our Individual Retirement Account is a great way to save for retirement. You can invest in a Traditional, Roth, Education or SEP account.
• $50.00 minimum deposit to open
• Interest compounded daily and posted quarterly
• $50.00 minimum balance to earn attractive market interest rate
CDs & IRAs
A great tool to earn higher interest rates on your long-term savings, offering flexible investment terms. We offer a full array of terms to meet your specific savings goals:
• $5,000 minimum deposit to open
• Interest earned on fixed rate
• Interest paid monthly, quarterly, semi-annually or annually by direct deposit at CBS
• Penalty for early withdrawal dependent on term
• Renewals for amounts less than $5,000 are allowed as long as they stay in the same product/term; otherwise the minimum applies.
Platinum Money Market
Enjoy maximum earnings benefits with five tiers. The more you have, the more you automatically earn.
• Earns competitive interest rate
• Limited to six (6) transfers or withdrawals per statement cycle
• Overdraft Protection
• Free Visa® Checkcard or ATM
• 24 Hour Telephone Banking
• Free Online Banking
• Free Paper or E-Statements
• Free Investment Consultation
• Tiers: $2,500 to $24,999; $25,000 to $99,999; $100,000 to $249,999; $250,000 to $749,999; $750,000 and Up
• A $10 monthly service charge may be avoided by maintaining a $2,500 minimum daily balance. An excess transaction fee of $10 may be imposed for over six (6) transfers or withdrawals per month.
• $2,500 to Open
Please see a Community Bank of the South Customer Service Representative for current interest rates and disclosure information.