Online Banking

PERSONAL SAVINGS

 

Money Market Checking

Money Market Checking is terrific for keeping your savings close at hand. This account allows you to write up to 6 checks a month with unlimited withdrawal ability at the teller window. The monthly service charge of $14 is waived with a minimum balance of $5,000, a $15,000 average balance or a combined deposit relationship of $15,000 or over. Features include:

  • Interest on qualifying balances
  • Free E-Statement
  • Free Mobile Banking
  • Free Internet Banking
  • Free Visa Check Card
  • Monthly Image Statement

 

Premium Money Market Checking

This account is great for individuals who would like to earn a CD rate on a checking account! You can write up to 6 checks a month and you have unlimited withdrawal ability at the teller window. The rate of interest increases as your balance increases. The monthly service charge of $14.00 is waived with a minimum daily balance of $10,000, a $20,000 average daily balance or a combined deposit relationship of $15,000 or over. Features include:

  • Interest on qualifying balances
  • Free E-Statement
  • Free Mobile Banking
  • Free Internet Banking
  • Free Visa Check Card
  • Monthly Image Statement

 

Classic Savings

Classic Savings is a great way to put back extra cash and earn interest too. The $3.00 quarterly service fee is waived with a daily balance of at least $100 or a combined deposit relationship of $15,000 or more. 

  • Earns interest
  • Up to six withdrawal allowed per quarter
  • Money is assessable at the ATM
  • Free E-Statement
  • Free Mobile Banking
  • Free Internet Banking

 

Certificates of Deposit (CDs)

Bank of Cleveland offers highly competitive rates as well as fully trained customer service representatives ready to assist you with any questions you may have. CDs may be purchased with as little as $2,500. Interest can be paid in a variety of ways such as at maturity, a monthly check or automatically deposited into your checking account. Please contact us for special CD promotions that may be available.

Individual Retirement Accounts (IRAs)

Bank of Cleveland features a variety of IRA's to meet your needs. There is no minimum annual contribution amount and distribution can begin at 59-1/2.

For questions on CD or IRA’s call 478-8443 or e-mail: boc@bankofcleveland.com

 

Simple Relationship Banking

All monthly service charges are waived with a combined deposit relationship of $15,000 or more!

 

Personal Savings Comparison Chart

  Money Market Premium Money Market Classic Savings Youth Savings
Minimum Opening Deposit $100 $100 $100 $100
Minimum Daily Balance to Avoid Service Charge $5,000 or $15,000 avg balance or combined deposit relationship. $10,000 or $20,000 avg balance or combined deposit relationship of $15,000. $100  
ALL MONTHLY SERVICE CHARGES CAN BE WAIVED WITH A $15,000 COMBINED DEPOSIT RELATIONSHIP
Monthly Service Charge $14 $14 $3 per quarter $12
Restrictions Unlimited withdrawal ability at teller line. Write up to 6 checks per month. Unlimited withdrawal ability at teller line. Write up to 6 checks per month. Six withdrawals allowed per quarter. Six withdrawals allowed per quarter.
Free Internet Banking yes yes yes yes
Free Bill Payment yes yes yes yes
Free Telephone Banking yes yes yes yes
Free E-Statements yes yes yes yes
Free Mobile Banking yes yes yes yes
Free ATM/Debit Card yes yes yes yes
Interest on Qualifying Balances yes yes yes yes
Excessive Withdrawal Fees and Dormant Fees may apply. 

 

Certificates of Deposit (CDs)

Bank of Cleveland offers highly competitive rates as well as fully trained customer service representatives ready to assist you with any questions you may have. CDs may be purchased with as little as $2,500. Interest can be paid in a variety of ways such as at maturity, a monthly check or automatically deposited into your checking account. Terms, conditions and rates vary. Please contact us for specific CD information. Penalty for early withdrawals.

 

Individual Retirement Accounts (IRAs)

Bank of Cleveland features a variety of IRAs to meet your needs. There is no minimum annual contribution amount and distribution can begin at 59-1/2.

 

For questions on CD or IRA’s call 478-8410 or e-mail: Customerservice@bankofcleveland.com.