Business Accounts
Strong Solutions for Local Businesses.
Community Bank of the Bay is committed to empowering small and medium-sized businesses with effective banking solutions and personalized support.
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Relationship-driven
Enjoy meeting all your financial needs at a bank where relationships come first, and we know you by name.
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Full-service Solutions
Streamline your daily operations with cost-effective convenience through our checking and saving accounts.
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Growth-oriented
Beyond the basics, we provide sophisticated financial solutions to support your business’s efficiency and growth.
Business Checking Accounts
With options tailored to the needs of both small businesses and larger companies, our business checking accounts will help you manage your everyday finances. All accounts include:
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Check writing privileges
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Debit card access with ATM surcharge rebates (up to $10/month)
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Online and mobile access
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Bill pay options
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e-statements
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Remote deposit services
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BUSINESS CHECKING |
ANALYZED CHECKING |
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Best for ... |
Small businesses with moderate (<100 per month) transaction activity. |
Businesses with higher (>100 per month) transactional activity volume. |
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Minimum Opening Deposit |
$2000 |
$500 |
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Minimum Balance to avoid a service charge |
$2000 |
There is no minimum balance |
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Monthly Fee |
$20 Waived with minimum balance, plus $.30 per check after initial 100 checks per month. |
Learn how Analyzed Checking works. |
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Eligible for Green Fund? |
Yes |
Yes |
How Analyzed Checking works
If you are a business with a lot of account activity (roughly over 100 transactions per month), it makes sense to utilize “account analysis.” Account analysis is a common solution offered by the banking industry, which leverages balances against transaction fees. It provides the opportunity to pay for deposit and cash management tools with the balances you keep.
Community Bank of the Bay consistently provides one of the highest Earnings Credit Rates in the market. This allows you to offset more of your account fees than at any big bank. Following is a comparison of a typical “Account Analysis” account at CBB versus your typical big bank. This sample business would save $341.25 per month by banking at CBB.
Here's what analyzed checking looks like at a XYZ Corp
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CBB |
Typical Bank |
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|---|---|---|
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Earnings Credit Rate* |
0.55% |
0.18% |
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Earnings Credit (average balance of $400,000) |
$183.33 |
$60.00 |
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Transaction fees (50 deposits; 100 checks clearing; 2 wires) |
$(123.05) |
$(238.00) |
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Cash Management Fees (Online Wires; Remote Deposit) |
$(60.00) |
$(86.75) |
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Net charge for month |
$(0.28) No Charge |
$264.75 Charged to Checking |
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* The rate the bank applies to your balances to calculate a credit that you can use to pay for services and fees. The rate displayed here is for demonstration purposes and may change at the Bank's discretion. |
Business Savings Solutions
Our savings solutions offer competitive rates with flexible terms, tailored to your business plan. Whether you’re aiming to protect your business from seasonal cycles by building a savings buffer, earning greater interest with a money market account, or investing your earnings to earn greater interest, we can help.
Not sure which solution is best for you? Your Relationship Manager will walk you through the options and help you evaluate them against your needs and goals.
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COMMUNITY BUSINESS SAVINGS ACCOUNT |
BUSINESS MONEY MARKET |
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Best for ... |
Put your funds to work with this flexible, low-risk business saving solution. Build your capital and earn interest while you save. |
This versatile savings solution yields greater interest than a standard savings account, while giving you the convenience of check access. |
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Minimum Balance to Open: |
$500 |
$2,500 |
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Fees |
$10.00 per month if balance drops below $500 anytime during the month. You can make 3 free withdrawals per month, but will be charged $1.00 per withdrawal after the initial 3. |
$20.00 per month if balance drops below $1500 anytime during the month |
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Interest bearing |
Yes – contact us for current rates |
Yes – contact us for current rates |
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Eligible for Green Fund? |
Yes |
Yes |
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Check Writing Privileges? |
No – This account is limited to 6 withdrawals and/or electronic transfers per month. Transfers or withdrawals made in person or by ATM are unlimited. |
Yes, but the account is limited to 6 withdrawal transactions per month either by check, automated debit (ACH) or electronic transfer (withdrawals and/or transfers done in person or via ATM are unlimited). |
Certificates of Deposit
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Certificates of Deposit (CDs)
Looking for guaranteed returns on your investment? This CD offers fixed interest on funds invested over a fixed term of three months or more.
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Flexible Certificates of Deposit (CDs)
Enjoy all the benefits of our conventional Certificate of Deposit, with added flexibility of being able to add funds anytime during the term of the certificate. Additionally, you may make one withdrawal after the first 7 days of the term without a penalty.
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Business Money IQ
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Questions?
Contact us to get started. Give us a call, visit a branch, or fill out our contact form to begin the conversation.
There is a button to order checks from within Business Online Banking. That link will take you to our vendor, Harland Clark, where you can order or reorder checks.
Yes! In addition to our online banking services, the CBB mobile app allows you to manage your accounts, deposit checks, and review and approve scheduled transactions and Positive Pay exceptions. You can find it in the App Store or on Google Play.
Each month, all non-interest earning balances are tracked, and all transaction volume and related service charges are tracked. At the end of each month, the Bank creates an analysis statement. This statement totals all transaction fees and applies a soft “credit” for balances. The credit is calculated just like interest, by multiplying an “earnings credit rate” times the average balances in the accounts during the month. Unlike interest, if the credit is more than the charges for the month, the excess credit is lost. If the credit isn’t enough to cover the fees, the difference is charged to the account at the end of the month.
Open a Business Account Today
Disclosures
*Rates are subject to change