Business Money Market Checking
Central Bank business money market checking was designed for those who write a minimum number of checks, and who would like to earn interest.
- $2,500 Minimum Opening Balance
- Zero Monthly Account Service Charge with A $2,500 Minimum Daily Balance
- $15 Monthly Service Charge Fee for Accounts Below Minimum Amount
- Free Monthly eStatement With Images
- Access to Central Online Web-Based Banking
Interest rates are based on the daily collected balance. Tiered rates allow you to earn a higher rate as your balance increases.
Under federal law, Central Bank is required to report deposits in a certain way for regulatory reporting purposes. We are simply changing the way we report checking accounts and we are notifying you of this change. This change does not affect you in any way, and no action is required.
Effective immediately, the bank may make a change in your checking account that will not affect your available balance, interest earnings, FDIC insurance or bank statement. This change will consist of a checking sub-account and a savings sub-account. Central Bank may periodically transfer funds between the two sub-accounts. On a sixth transfer during a calendar month, any funds in the savings sub-account will be transferred back to the checking sub-account. If an account pays interest, your interest calculation will remain the same. Otherwise, the savings sub-account will be non-interest bearing. The savings sub-account will be governed by the rules governing our other savings account.