Nonprofit & Union Accounts
A Better Way to Do Good.
In addition to comprehensive business banking, CBB offers accounts especially designed for nonprofits serving the Bay Area.
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Shared Commitment
Like you, we care about the community we live in and are committed to making it better for people from all walks of life.
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Depth of Expertise
We have extensive experience in meeting the needs of nonprofits of all sizes, as well as local business expertise.
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Local Relationships
Our relationship managers are experienced banking professionals with deep ties to their communities.
BUSINESS SPOTLIGHT
OakStop
Community Bank of the Bay Steps Up to Help Black-Owned Businesses During Pandemic
CBB along with NCIF co-sponsors community-focused entrepreneurship with a joint total of $20,000 donation to Oakland Black Business Fund
Checking Accounts
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COMMUNITY IMPACT CHECKING |
COMMUNITY IMPACT INTEREST CHECKING |
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Best for ... |
Nonprofit businesses with moderate transaction activity. |
Nonprofits with higher average balances. |
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Minimum Opening Deposit |
$500 |
$2,000 |
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Minimum Balance |
$500 to avoid a monthly $10 service charge. |
$2,000 to avoid a monthly $20 service charge. |
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Annual Percentage Yield (APY) |
This account is not interest bearing. |
Contact us for current checking account rates. |
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Accessibility |
Access your nonprofit’s funds via check and if desired, debit card. Also accessible via online banking, mobile banking and electronic statements. |
Access your nonprofit’s funds via check and if desired, debit card. Also accessible via online banking, mobile banking and electronic statements. |
Savings Accounts & CDs
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COMMUNITY BUSINESS SAVINGS |
COMMUNITY IMPACT MONEY MARKET |
CERTIFICATES OF DEPOSIT |
FLEXIBLE CERTIFICATES OF DEPOSIT |
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Best for ... |
Nonprofits that need a flexible, low-risk saving solution that puts your money to work. |
A versatile savings solution with check access and higher interest. |
Organizations that have extra funds that aren’t needed for day to day operations and want to earn higher interest rates. |
Organizations that want to earn higher interest rates on extra funds but need more flexibility than a standard CD option. |
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Minimum Opening Deposit |
$500 |
$2,500 |
$1,000 |
$2,500 |
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Minimum Balance |
$500 to avoid a monthly $10 service charge. |
$2,500 to avoid a $20 monthly service charge. |
Certificates of Deposit are intended to lock away your funds for a term of 3 months to 5 years. Withdrawing part of all of the funds in a CD may result in a penalty in the form of lost interest. |
You may make one withdrawal during the 6-month or 12-month term without a penalty. |
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Eligible for Green Fund? |
Bay Area Green Fund
Do you want to invest in other organizations that are making the Bay Area a better, healthier place? Through the Bay Area Green Fund, you can become a green impact depositor, supporting a cleaner environment and a more sustainable economy with every deposit you make.
Certificate of Deposit Account Registry Service (CDARS)
CDARS delivers the convenience of a direct relationship with one financial institution, combined with the security you get from FDIC insurance. If FDIC insurance is important to your nonprofit, we can place your funds at other financial institutions within the CDARS program where they will be insured up to $250,000 on top of funds on deposit at Community Bank of the Bay.
Not sure if it’s right for you? Our relationship managers can advise you on the right solution for your specific needs.
Certificate of Deposit Account Registry Service
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Online Banking & Bill Pay
Consolidate your banking and bill pay in one secure, easy-to-use website, while reducing your use of paper and your carbon footprint.
Cash Management
Real-time access, without the hassle. Our suite of cash management services is designed to help your nonprofit make good on its mission.
Questions?
Contact us to get started. Give us a call, visit a branch, or fill out our contact form to begin the conversation.
From within online banking, there is a link to order checks that will take you directly to our vendor, Harland Clark. From here, you can order or reorder checks for your CBB nonprofit account.
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.