There’s No Better Time to Have a Plan
Community Bank of Missouri makes it easy with a savings plan designed just for you and your business.
Savings Products
For all types of businesses and organizations, Community Bank of Missouri offers solid, dependable savings strategies that yield a competitive return on investments.
In addition to its own unique benefits, each account has access to our complimentary banking services:
- First Name, Friendly Service
- Competitive Interest Rates
- Online Banking
- Mobile Banking
- Text Banking and Alerts
- E-statements
New Business Account Requirements
When opening a new business account with Community Bank of Missouri, we will ask you to provide an unexpired government-issued photo ID, such as a driver’s license or a passport and a second form of ID with your name on it such as a voter registration card, insurance card, utility bill, tax receipt or a debit/credit card for each owner or authorized signer.
Click the link below to complete our Customer Information Profile form for each owner or authorized signer:
Click the link below to complete our Customer Information Profile form for each owner or authorized signer:
Click the link below to complete our Business Customer Information Profile form:
If applicable, complete our Beneficial Ownership Certification form:
Bring your two forms of ID with each completed Customer Information Profile form(s) and a Business Customer Information Profile form. In addition to the previously mentioned documents, we may ask you to provide documentation to verify your identity and to begin the account opening process. The following table lists the required documentation for each business type. You may be asked to provide additional documentation not mentioned in the following table.
Sole Proprietor | Limited Liability Company | Corporation | General Partnership | Limited Partnership | Unincorporated Assoc./Organization/Club | |
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Completed Customer Information Profile form(s) | ||||||
Completed Business Customer Information Profile form | ||||||
Employer Identification Number (EIN) | ||||||
Articles of Organization/Incorporation
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Certificate of Good Standing
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Operating Agreement | ||||||
Beneficial Ownership Certification Form |
Control Prong Only
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Minutes | ||||||
Bylaws | ||||||
Partnership Agreement |
Business Savings
- $50.00 opening balance required
- $50 daily minimum balance required - $2.00 monthly service charge will be assessed if minimum balance is not maintained
- 18 withdrawals every 6 month - $5.00 charge for excessive withdrawals
- Interest paid semi-annually – See Current Rates
- Statements produce semi-annually
- $2.00 paper statement fee – fee waived if enrolled in E-statements
Business Certificates of Deposit
- With highly competitive interest rates, our Certificates of Deposit are available from 30 days to 5 years.
- Minimum opening balance is $500.00 for regular Certificates of Deposit, $200.00 for our Business Flex Certificate of Deposit product.
- Click here to see – See Current Rates
Business Money Management
- $1,000.00 opening balance required
- $1,000.00 daily minimum monthly balance required - $10.00 monthly service fee will be assessed if minimum balance is not maintained
- 6 withdrawals allowed per month - $10.00 monthly service fee if transaction limit is exceeded
- Interest is calculated on daily balances per a tiered interest rate – See Current Rates
- $2.00 per month paper statement fee – fee waived if enrolled in E-statements
- Debit cards are not available for this account
Organizational Savings
- $50.00 opening balance required
- $50 daily minimum balance required - $2.00 monthly service charge will be assessed if minimum balance is not maintained
- 18 withdrawals every 6 month - $5.00 charge for excessive withdrawals
- Interest paid semi-annually – See Current Rates
- Statements produce semi-annually
- $2.00 per month paper statement fee waived
Organizational Certificates of Deposit
- With highly competitive interest rates, our Certificates of Deposit are available from 30 days to 5 years.
- Minimum opening balance is $500.00 for regular Certificates of Deposit, $200.00 for our Business Flex Certificate of Deposit product.
- Click here to see – See Current Rates
Link Account Agreement
Avoid an insufficient funds fee by signing up for our Linked Account Agreement – In the event that your checking account has an insufficient balance and the funds are available in another checking or savings account, we will automatically transfer the amount required to cover the insufficient balance in increments of $50.00. A $15.00 service charge will be assessed if a transfer is performed.