The Local Difference
Why CNB? As the Rochester, NY region's only local, full-service community bank, we've grown by offering competitive banking options and the kind of personalized service that builds long-lasting relationships.
| Money Market Specific Account Terms |
| Monthly Maintenance Fees |
Monthly maintenance fee: $6
Monthly maintenance fee with minimum
Average Daily Balance of $1,000: $0
|
| Minimum Balance Requirement |
Minimum daily balance requirement to earn interest and to obtain the disclosed annual percentage yield: $1,000
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| Rate Information |
The interest rates and APYs are based on the following tiers:
$0.00 - $999.99: No interest earned
$1,000.00 - $2,499.99: Tier I Interest
$2,500.00+: Tier II Interest
If your daily balance is more than $999.99, you will receive interest on the entire balance in your account.
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| Minimum balance requirements to avoid imposition of fee |
A monthly fee will be charged on every statement date if the average daily balance in the account for the statement period falls below $1,000. |
| Compounding and Crediting |
Interest will be compounded and credited monthly to your account on your statement date. |