Learn more about Community Bank Community Advantage Checking Account here.
Available in Tennessee, Community Bank is offering 2.08% APY with a maximum balance of $20,000 on their Community Advantage Checking Account.
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About Community Bank Community Advantage Checking
Community Bank was first chartered in 1961 as Lexington First Federal Savings and Loan. Headquartered in Lexington, Tennessee, they are locally owned and managed. Furthermore, they have three full service branches, two in Lexington and one in Jackson, Tennessee.
Keep reading to learn more about the Community Bank Community Advantage Checking Account below.
Community Bank Community Advantage Checking Rate
Residents of Tennessee can earn a generous rate on balances up to $20,000. Open an account with a $100 opening deposit and you can earn this attractive rate.
- What you’ll get: 2.08% APY up to $20,000
- Eligible Accounts: Community Advantage Checking Account
- Credit Inquiry: Unknown, let us know
- Where it’s available: TN (Branch Locator)
- Opening Deposit: $100
- Credit Card Funding: Unknown, let us know
- Monthly fee: None
American Express® High Yield Savings Account - You earn 0.40% interest rate along with no minimum deposits or monthly fees. Amex High Yield Savings account has been my favorite Hub account for the past 7 years. Using this account to Pull/Push your money is absolutely necessary when you have many accounts. Here's why:
*No dollar limitations for ACH transfers - When you find a top bank rate account, you don't want to be limited to just $5K or $10K transfers. Amex Savings will let you transfers as much as you want whether you are pulling or pushing money from and to an external bank account.
*1 to 2 business days ACH transfers speed - With top-notch user interface, you get your money to another external account or pull money from another bank account within a day or two.
*No loss of interest during transfers - On the day you initiate your transaction on the high yield savings account website, the funds will be reflected in your Current Balance and begin earning interest.
Some other features from American Express High Yield Savings Account include Free Wire Transfers, 3 maximum linked accounts, and maximum 6 ACH withdrawals per month.
Savings account offers are frequently updated. Find the best nationwide Savings/Money Market rates here, and the best Savings account bonuses here. The Axos Bank and CIT Bank accounts offer great rates available nationwide which I recommend.
|Discover Bank Online Savings||$200 Bonus + 0.40% APY||Review|
|Aspiration||1.00% APY + $150 Cash||Review|
|Axos Bank High Yield Savings||Up to 0.61% APY||Review|
|Quontic Bank High Yield Savings||0.55% APY||Review|
|CIT Bank Money Market||0.45% APY||Review|
|American Express High Yield Savings||0.40% APY||Review|
How To Earn Up to 2.08% APY Rate
- Open a Community Advantage Checking Account with an opening deposit of any amount.
- Receipt of monthly electronic statements only
- Debit card is used 10 times monthly (all debit card transactions must post during statement cycle)
- One automatic deposit or withdrawal occurs on account monthly
- Online banking is accessed once monthly
|Balance Requirement||APY Rate|
- No minimum balance to earn rewards
- No monthly service fees
- Online banking & bill pay available
- Free mobile banking with mobile deposit
- Free eStatements
- Popmoney® available
- Free Visa® debit card
Community Bank is offering a great rewards checking account program for those that are residents of Tennessee. There is no monthly fee, and the account has a great interest rate! Remember that if your balance is over $20,000, then you will not receive the full benefit of the rewards checking account.
Lastly, let us know about your experience with this bank and comment below.
For more bank offers, see the complete list of Best Rewards Checking!
Check back often to see the latest info on Community Bank’s Community Advantage Checking Account.