Checking Overview

Account Type Minimum To Open Eligibility Account Description Transactions Interest Paid Monthly Service Charge
Commercial Checking
(OOPS! $1,500 limit8)
$250 All Businesses Checking account for commercial use Unlimited
None
By account analysis11
Small Business Checking
(OOPS! $1,500 limit8)
$100 Small Businesses Checking account for small businesses with low account activity 150 combined deposits & check items
None
None
$.10 each item over the first 15011
Commercial Interest Checking6 $1,000 Sole Proprietors & Non-Profit Organizations Interest earning checking account Unlimited
Daily balance method9 Rated APY
$1,000 and over Variable10
below $1,000 None
Min. Daily Balance Monthly Fee11
$1,000 and over None
below $1,000 $20 per month
Commercial Money Market Account $1,500 All Businesses Interest earning account with limited withdrawals Six transactions per monthly statement period. (No more than six withdrawals per month by check or any payment order to a third party.)7
Daily balance method9 Rated APY
$100,000 and over Variable10
$50,000 - 99,999.99 Variable10
$25,000 - 49,999.99 Variable10
$1,500 - 24,999.99 Variable10
below $1,500 None
Min. Daily Balance Monthly Fee11
$1,500 and over None
below $1,500 $20 per month
$10 excess transaction fee11 for each withdrawal over the monthly limit
Commercial Savings $100 All Businesses Savings account for commercial use 6 withdrawals per quarterly statement cycle7
Daily balance method9 Rated APY
$100 and over Variable10
below $100 None
Interest compounded and paid quarterly
Min. Daily Balance Monthly Fee11
$100 and over None
below $100 $5 per quarter
$2 excess transaction fee11 for each withdrawal over the quarterly limit

 6Interest earning accounts with high volume transactions could be subject to commercial analysis service charge. We reserve the right to at any time require not less than 7 days notice in writing before each withdrawal from an interest-bearing account other than a time deposit, or from any other savings account as defined by Regulation D. 7Withdrawal limitations are governed by Federal regulations and if exceeded could result in your account being classified as a transactional checking account. 8The Occasional Overdraft Privilege Service (OOPS) does not constitute an actual or implied agreement between you and City Bank. This service represents a purely discretionary courtesy or privilege that City Bank may provide to you from time to time and which may be withdrawn or withheld by us at any time without prior notice or reason or cause. NSF charge of $29.50 per item paid or returned applies. Overdrafts must be paid within 30 days. LIMITATIONS: Savings Type Accounts, Money Market Accounts, Public Fund / Charitable Organization Accounts and Minor Accounts are not eligible. We may limit the number of accounts eligible for OOPS to one account per household and/or one account per tax payer identification number. OOPS is always subject to approval and some restrictions do apply. Full details can be found in the Occasional Overdraft Privilege Service Description. 9This method applies a daily periodic rate to the collected principal each day your balance is above the stated account minimum. Interest begins to accrue no later than the business day the bank receives credit for your deposit. 10Variable interest rates are subject to change without notice. APY = Annual Percentage Yield. 11All fees subject to sales tax in New Mexico.