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| Community West Bank offers a full complement of Savings accounts with the
flexibility and benefits you deserve. These accounts include:
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CDARSsm (Certificate of
Deposit Account Registry Servicesm)
Now you can invest up to $30 million and still be eligible for FDIC insurance
on every dollar. CDARS® is Community West Bank’s product with significant
advantages for depositors with more than $100,000 to invest.
CDARSsmallows Community West Bank to place depositor’s funds into CDs
at multiple FDIC-insured institutions. This provides depositors with the safety
in knowing that their deposits are FDIC insured, the security in working with
trusted Community West Bank employees, and the convenience of managing all
investments through one, local relationship and via one, consolidated, monthly
statement.
Please contact your local branch office today to open an account.
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Business
Savings
A basic business savings account that offers competitive interest rates, full
liquidity and low minimum balance requirements.
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| $200.00
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| $5.00 (Quarterly)
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Permits six (6) transfers per statement cycle, of which three (3) can be
checks, drafts, point-of-sale, or similar order.
Fees may reduce earnings.
Deposits: Unlimited
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Maintain a daily balance of
$1,000 or more.
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Compounded daily, paid quarterly.
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Business
Money Market
A tiered savings plan offering competitive interest with limited check writing.
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| $500.00
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| $10.00
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Permits six (6) transfers per statement cycle, of which three (3) can be
checks, drafts, point-of-sale, or similar order.
Fees may reduce earnings.
Deposits: Unlimited
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$10 per item for transactions in excess
of those allowed by law. |
Maintain a daily balance of
$5,000 or more.
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Compounded monthly, paid monthly.
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Certificate of
Deposit
Auto-renewal certificates for businesses that want to invest funds for a
specific term.
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| $1,000.00
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| Not applicable
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Penalty for early withdrawal. Please see Account
Agreement & Disclosure for additional information.
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Not applicable
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Compounded monthly, paid monthly.
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