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Churchill Classic 2013 04-Feb-2013

The 9th Annual Churchill Classic will take place on Saturday, August 17, 2013 at 8:00 am at the ..

Go Direct 02-Jan-2013

The Treasury Department is phasing out paper check payments and requiring federal benefit r..

Redman Appointed as New Board Member 01-Nov-2012

Citizens National Bank board of directors appointed Thomas Redman as a new director at its Octob..

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: Sue Eno, President & CEO of Citizens National Bank announced that Darren M. Selden has be..

Federal Benefits 17-Aug-2012

Beginning on March 1, 2013 all federal benefits must be paid electronically. Individuals receivi..


 

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You are here: CNB Home  / Business Banking  / Business Non Profit Accounts

Non-Profit Accounts

Citizens National Bank offers a line of deposit products specific to non-profit organizations. To qualify for a non-profit account, an organization must be 501(c) 3 registered. The organizations articles of incorporation and minutes listing authorized officers are required when opening a non-profit account, so please have them with you when you stop in to open your non-profit account.

Description: Non-Profit
Checking
Non-Profit Interest
Checking
Non-Profit Insured Money Market (IMMA)*
Minimum Opening Balance None
$1,000
$1,000
Monthly Fee None None None
 Account Features
Monthly Statement
 Monthly Statement and Earns Interest
Monthly Statements
Meet the Following Balance Options and Your Account is Service Charge Free
N/A $1,000 every day or $2,000 average monthly balance
$1,000 every day
If Balance Option is Not Maintained, the Following Fees Will Apply

N/A

$10 per month plus $0.35 per check or debit
$9 per month plus $0.20 per withdrawal
Interest Paid
No Yes Yes
Images of Checks
**See below
**See below
**See below
Electronic Services
Available Available Available

 

* Regulation D applies to savings and money market accounts. It restricts accounts to six (6) preauthorized debits per month (including telephone and on-line banking). An excess fee of $10.00 will be charged for each debit in excess of the preauthorized limit.

**Statements are mailed monthly with check images retained at the bank, but available through online banking at no charge or ask us about receiving your check images with your statements for $4 a month.

CONTACT US: 303 North Main Street • Cheboygan, MI 49721 • Tel.: (231) 627-7111         Telebanc Phone Number: (888) 627-1960