Commerce Savings

For all details, account definitions, features and fees, please refer to our
Business Deposit Accounts Fee & Information Schedule and Deposit Account Agreement & Disclosure.

 

Account Details
Commerce Savings is a variable rate interest bearing business savings account.
$100 minimum deposit to open.

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TRANSACTION LIMITATIONS Savings accounts are designed to help organizations set aside and save funds as needed. These accounts are not transaction accounts, therefore no more than 6 transfers or withdrawals of the following type are permitted during your monthly statement cycle: Payments to third-parties such as checks, drafts, debit cards or similar transactions Transfers by phone using our automated service or speaking with a banker on the phone Transfers or payments through online, mobile and text banking (including Bill Pay and person-to-person payments) Transfers to a checking account for Overdraft Protection Pre-authorized transfers and withdrawals Debit card purchases There are no limits on transfers or withdrawals made in person at an ATM / ITM, Bank branch or on any type of deposit. If you regularly exceed 6 limited transactions during a statement cycle, BAC Community Bank may convert your savings or money market into a checking account or may close your account.

Additional Services Available with Online Cash Management Add-On
Add Online Cash Management to all related deposit accounts at $25 a month for additional online tools.
Only a few online features are available for savings accounts since they have transaction limitations. Full functionality is only available on checking accounts accessed through Online Cash Management.

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Other Available Services
Apply for these services regardless of which deposit account your business uses.

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