Personal Savings

CBT Minor Savings

A basic interest-bearing savings account for customers age 18 or under

  • $10 minimum deposit to open
  • No monthly maintenance fee
  • Free quarterly image statements via CBT Online Banking
  • Account converts to Regular Savings account when individual reaches age 18 (subject to balance requirements and fees)


Transaction Limitations

  • Cash withdrawals or other transfers are limited to six (6) per statement cycle.
  • In accordance with Federal Regulation D, transfers from this account to another account or to a third party by preauthorized, automatic, telephone, or computer transfer are limited to six (6) per statement cycle.  


Fees

  • An excessive  withdrawal fee of $2.00, will be charged for each withdrawal in excess of six (6) per statement cycle, regardless of balance. 

     

CBT Savings

Basic variable interest-bearing savings account

  • $100 minimum balance to open
  • $300 minimum balance to earn interest
  • Quarterly statement
  • CBT Online banking
  • Free first order of deposit & withdrawal slips


Transaction Limitations

  • Six (6) withdrawals or other transfers per month.
  • If this account continuously exceeds the debit transactions allowed, We are required by law to reclassify or close the account.


Fees

  • $500 daily balance, $1,000 average daily balance or $1,000 combined balance in a personal checking account required to avoid quarterly maintenance fee of $5
  • An excessive  withdrawal fee of $2.00, will be charged for each withdrawal in excess of six (6) per month, regardless of balance.

     

CBT Money Market Savings

Tiered interest-bearing variable rate savings account

  • $100 minimum deposit to open account
  • $1,000 minimum balance required to earn interest
    • $1,000 - $9,999
    • $10,000 - $49,999
    • $50,000 - $99,999
    • $100,000 and up
  • Free monthly image statement via CBT Online Banking
  • Free MasterCard Debit
  • Free CBT Online banking with bill pay with active checking account
  • Free CBT Mobile Banking


Transaction Limitations

  • In accordance with Federal Regulation D, transfers from this account to another account or to a third party by preauthorized, automatic, telephone, or computer transfer are limited to six (6) per statement cycle


Fees

  • $1,000 daily balance, $1,000 average daily balance or $1,500 combined balance in a personal checking account required to avoid monthly maintenance fee of $10.
  • Excess withdrawal fee of $15.00 per item; regardless of balance.

     

CBT Platinum Money Market Savings

Tiered interest-bearing variable rate savings account

  • $25,000 minimum deposit to open account
    • $1,000 - $24,999
    • $25,000 - $49,999
    • $50,000 - $99,999
    • $100,000 - $199,999
    • $200,000 and up
  • Free monthly image statement via CBT Online Banking
  • Free MasterCard Debit
  • Free CBT Online banking with bill pay with active checking account
  • Free CBT Mobile Banking


Transaction Limitations

  • In accordance with Federal Regulation D, transfers from this account to another account or to a third party by preauthorized, automatic, telephone, or computer transfer are limited to six (6) per statement cycle


Fees

  • $25,000 daily balance, $25,000 average daily balance or a personal checking account with an average daily balance of $10,000 or a wealth management account required to avoid monthly maintenance fee of $15.
  • Excess withdrawal fee of $15.00 per item; regardless of balance.
 
 
Coastal Bank & Trust • 2414 North Marine Blvd. • Jacksonville, NC 28546
Phone: 910-577-3200 • Fax: 910-577-3211

© Copyright 2011 Coastal Bank & Trust. Website by FIS.