Deposit Products

CHECKING

Regular Checking

This account is our basic checking account. Waive the monthly $10 maintenance fee when you maintain a minimum daily balance of $100. An ATM or debit card is part of this account. $100 initial deposit required.

• $100 minimum deposit
• $10 monthly fee if balance falls below $100
• ATM and debit cards, which may be used surcharge-free at the ATMs at our two branches, at all PNC branches, and any Publix store
• Online Banking
• Mobile Banking
• Bill Pay
• Telephone Banking
• Checks for a fee
• No interest
• $2.50 monthly statement fee; no fee if paperless
• Direct Deposit option

“Fresh Start” Checking

This account is for those customers who have or had bad credit or no credit. While some banks will reject you for a checking account, Commonwealth will not. We are here for you during good times and bad. The features of this account are:

• For customers with bad or no credit
• $100 minimum deposit
• ATM card only, which may be used surcharge-free at the ATMs at our two branches, at all PNC branches, and any Publix store
• After 90 day review, maybe a debit card
• Online Banking
• Mobile Banking
• Bill Pay
• Telephone Banking
• Checks for a fee
• No interest
• $8.95 monthly fee no matter what
• $2.50 monthly statement fee; no fee if paperless
• Direct Deposit required

Money Market Checking

This account is an interest bearing account. As your balance grows, so does the total interest paid. Maintain a daily balance of $1,500 and the monthly maintenance fee of $25 is waived. $1,500 initial deposit required. The features of this checking account are:

• $1500 minimum deposit
• $25 monthly fee if balances falls $1,500
• $2.50 monthly statement fee; no fee if paperless
• ATM and debit cards, which may be used surcharge-free at the ATMs at our two branches, at all PNC branches, and any Publix store
• Online Banking
• Mobile Banking
• Bill Pay
• Telephone Banking
• Checks for fee
• 0.05 per annum interest
• Direct Deposit option

SAVINGS

Regular Savings

• $100 minimum deposit
• ATM card, which may be used surcharge-free at the ATMs at our two branches, at all PNC branches, and any Publix store
• Only 6 debit transactions per quarter; if more than 6 transactions a quarter, $5 fee per transaction
• Online Banking
• Mobile Banking
• Bill Pay
• Telephone Banking
• $2.50 for monthly paper statements/no charge if paperless
• 0.06 per annum
• Direct Deposit option

Christmas

• $15 minimum deposit
• Distribution of all savings the first week of November
• $15 early withdrawal penalty
• No monthly statements
• No ATM/debit card
• By itself, no Online Banking
• By itself, no Mobile Banking
• 0.06 percent interest paid

Children

• $25 minimum
• Parent must be signatory
• ATM card with parental approval, which may be used surcharge-free at the ATMs at our two branches, at all PNC branches, and any Publix store
• Online Banking
• Mobile Banking
• $2.50 monthly statement/no charge if paperless
• No minimum deposit required after initial $25 opening deposit
• No interest paid