Century Online Banking


Checking

Important Information About Procedures for Opening A New Account

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all banks to obtain, verify and record information that identifies each person who opens an account.

What this means to you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We will also ask to see your driver’s licenses or other identifying documents.

Century Select NOW Account

This is an interest bearing account that offers you money market rates and a number of other benefits.

Features and benefits:

  • Minimum to open is $5,000
  • No minimum balance to earn interest
  • Tiered rate structure
  • Unlimited debits
  • A $25 balance fee (in the service charge) will be imposed each month if the balance falls below $5,000 any day of the statement cycle.
  • 3 Free ATM withdrawals each month at non-Century Bank ATMs
  • Preferred rates on Certificates of Deposit
  • Free initial order of Century Select checks
  • Free stop payments
  • Free money orders
  • Free traveler’s checks
  • Qualify for Century Select Money Market Account
  • A $10 service charge will be charged for accounts closed within 6 months of the opening date.

Current Rates as of 4/12/2017

Account Balance  Interest Rate *APY
$.01 to $24,999.99 0.15% 0.15%
$25,000 to $49,999.99 0.20% 0.20%
$50,000 to $99,999.99 0.25% 0.25%
$100,000 and over 0.30% 0.30%

Each tier described above reflects the average daily balance required to obtain the applicable *Annual Percentage Yield (APY). We use the average daily balance method to calculate the interest on your account. We may change the interest rate on your account at anytime.  Fees may reduce earnings.


NOW Personal Checking Account

Features and benefits:

  • Minimum to open is $1,000
  • No minimum balance to earn interest
  • Tiered rate structure
  • Unlimited debits
  • A $7.50 balance fee (in service charge) will be imposed each month if the balance falls below $1,000 any day of the statement cycle.
  • A $10 service charge will be charged for accounts closed within 6 months of the opening date.

Current Rates as of 4/12/2017

Account Balance Interest Rate *APY
$0.1 to $24,999.99 0.05% 0.05%
$25,000 to $49,999.99 0.10% 0.10%
$50,000 to $99,999.99 0.15% 0.15%
$100,000 and over 0.20% 0.20%

Each tier described above reflects the average daily balance required to obtain the applicable *Annual Percentage Yield (APY). We use the average daily balance method to calculate the interest on your account. We may change the interest rate on your account at anytime. Fees may reduce earnings.


1For additional information see our Fee Schedule or contact us.

Regular Checking Account

This account offers all of the basic features and benefits you would expect in a checking account.

Features and benefits:

  • Minimum to open is $50
  • Unlimited debits
  • A $5.50 balance fee (in the service charge) will be imposed each month if the balance falls below $500 any day of the statement cycle.
  • A $10 service charge will be charged for accounts closed within 6 months of the opening date.

Low Activity Checking Account

This account is designed for those customers who write a few checks per month.

Features and benefits:

  • Minimum to open is $50
  • No minimum balance to maintain
  • Unlimited debit card transactions and electronic debits
  • A $1 debit fee (in the service charge) will apply each statement cycle to each check or paper debit.
  • A $10 service charge will be charged for accounts closed within 6 months of the opening date.

Century Smart Checking Account

This account is designed for customers who prefer a paperless account but still have the option to write a check if needed

Features and benefits:

  • Minimum to open is $50
  • No minimum balance to maintain
  • Unlimited debit card transactions and electronic debits
  • A $1.00 debit fee (in the service charge) will apply each statement cycle to each check or draft (paper items) after 2.
  • A $2.00 statement fee will be charged each statement cycle you receive a paper statement.
    You can avoid this fee by enrolling in electronic statements via Internet Banking
  • A $10 service charge will be charged for accounts closed within 6 months of the opening date.