In order to protect the health of our customers and staff during a recent spike in Covid-19 cases in our region, effective Monday, October 26, 2020 we will be transitioning to drive-up lanes only for in-person customer service needs at all of our facilities.
Meetings with Lenders and New Accounts Personnel will be by appointment only.
It is our plan to work in this manner until such time it is deemed safe to return to normal operations.
Keep updated on our latest updates at www.cfbh.bank
We urge the use of our services that can minimize the need for in-person services including:
Online and Mobile Banking, Debit Cards and Mobile Wallets, Mobile Deposits, ATM’s for cash needs, Bill Pay, Text Banking Services or Telephone Banking services at (800) 915 2616.
If you were one of our customers who received a Paycheck Protection Program (PPP) loan, a simplified form for loan forgiveness for loans $50,000 or less is now available on SBA's site. You complete the form and supply it along with your payroll documentation to the bank and it will be submitted to SBA on your behalf.
PPP Form 3508S
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Business Savings & CDs
COMMUNITY BUSINESS SAVINGS
Every business needs a financial safety net. Tuck away your “just in case” funds with this simple savings account that is a great companion to our Community Business checking. Open this basic savings account and be prepared for the unexpected!
A simple starter savings account
Competitive interest rates*
$200 minimum opening deposit
Maintain $200 minimum balance to avoid fee
Six (6) electronic transfers/withdrawals allowed per month**
If you want to earn interest without being bound to a CD’s term and maturity, a Business Plus Money Market account is an excellent option. It allows you to save while maintaining access to your funds with limited check writing. Open this account with $2,500 and start earning competitive tiered interest rates today!
Variable rate account*
Open with $2,500
Interest earned on daily balances of $2,500 or more
No monthly fee if account maintains a minimum balance of $2,500
Six (6) electronic transfers/withdrawals per month**
The interest rate and annual percentage yield for this account depend upon the applicable rate tier.*
The interest rate and annual percentage yield for these tiers may change.*
CDs are a reliable, risk-free savings vehicle for your business when you don’t need immediate access to your funds. We can help you choose among our flexible terms to customize the best savings program to meet your goals. Let our experts give you a hand in increasing your bottom line!