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Business Banking > Checking

Neighborhood Business Checking

  • Minimum Opening Balance = $100.00
  • Interest Bearing = No
  • Maintenance Fee = None
  • Average Balance Fee = $10.00
  • Average Balance to Avoid Fee = $500.00
  • Check Writing = Unlimited
  • Overdraft Banking = Transfers from other designated accounts
  • Other Features = Simple, low cost account for the business that operates locally and does not transfer to a concentration account.

Business NOW Checking

  • Minimum Opening Balance = $100.00
  • Interest Bearing = Yes
  • Maintenance Fee = None
  • Average Balance Fee = $10.00
  • Average Balance to Avoid Fee = $1,000.00
  • Check Writing = Unlimited
  • Overdraft Banking = Transfers from other designated accounts
  • Other Features = This account is available (per federal regulations) only to sole proprietorships, trusts, certain non-profit organizations & government agencies. Regulations prohibit offering interest checking to for-profit partnerships, corporations, & professional associations.

Analysis Checking

  • Contact your Customer Service Representative for details on Analysis Checking.

The Community Bank of East Tennessee is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through June 30, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.

Member FDIC
Equal Housing Lender

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