big business or small business, these accounts are all ... · pdf filebig business or small...

Big business or small business, these accounts are all business.

Business Checking & Savings Options

For additional applicable disclosures, please refer to pages 19 – 21

Whether you’re an on-the-go small-business owner or the chief financial officer of a corporation, you’ll find the right banking solutions at CB&T. From basic checking and savings with easy-to-use online and mobile banking tools to analyzed accounts with sophisticated Treasury Management Services, we offer solutions for businesses of all sizes.

Take a look at our full suite of accounts. All of them include free features and benefits, the convenience of banking anytime, anywhere, and the confidence of knowing a network of professional bankers is supporting you.

Custom business solutions for every business need.

Primary Business Checking AccountsBusiness Inspire Checking 6Business Growth Checking 7Business Interest Checking 8Business Connect Checking 9 Business Analyzed Account 10

Specialty Business Checking AccountsCommunity Checking 12Attorney Client Checking 13

Business Savings AccountsBusiness Savings 15 Business Money Market 16Business Money Market Sweep 17 Business CD/Business Jumbo CD 18

Business Checking& Savings Options

Let us help you choose the accounts that are right for your business.

2 For additional applicable disclosures, please refer to pages 19 – 21 For additional applicable disclosures, please refer to pages 19 – 21 3For additional applicable disclosures, please refer to pages 19 – 21

Business Inspire Checking Business Growth Checking Business Interest Checking Business Connect Checking

Overview Keep your business moving with a checking account built to make your banking simple.

Keep your business growing with more generous monthly transaction4 and cash deposit limits.5

Earn interest on business checking balances while enjoying generous transaction limits.

Give your business an edge with access to our expert banking team and a variety

of tools designed to help make your business more efficient.

Interest Paid

Monthly Transaction Limit 50 250 250 400

Monthly Cash Deposit Limit $3,000 $15,000 $15,000 $15,000

Opening Balance Requirement $50 $50 $50 $50

ACCOUNT MANAGEMENT TOOL S

Direct Business or Direct Business Plus Internet Banking with Bill Pay

CBT Business Mobile Banking with CBT Mobile Deposit

Visa® Business Debit Card

eDocuments

FEE INFORMATION

Over-limit Fee (per transaction above limit) $0.40 $0.40 $0.40 $0.40

Over Cash Fee (per $100 cash deposit above limit) $0.15 $0.15 $0.15 $0.15

Monthly Maintenance Fee $7 $12 $15 $18

Avoid the Monthly Maintenance Fee9Maintain a $1,000 minimum balance7 or conduct $1,000 or more in transactions

(debits or credits) each month.8

Maintain a $2,500 minimum daily balance7 or $10,000 in business loan balances.14

Maintain a minimum daily balance of at least $3,500.7

Maintain a combined business deposit balance of $10,000, a business loan14/credit card15 balance

of $50,000,7 or pay a minimum of $150 for other qualified banking services.20

Monthly Paper Statement Fee $3 $3 $3 $3

Avoid the Paper Statement Fee Opt out of paper with eStatements Opt out of paper with eStatements Opt out of paper with eStatements Opt out of paper with eStatements

ADDITIONAL BENEFITS

Additional Benefits See page 6 See page 7 See page 8 See page 9

Primary Business Checking Accounts

Bank where you want, when you want.Each of our business checking accounts comes with these helpful tools to serve your business day or night, from virtually anywhere.

Direct Business Internet Banking• View accounts, statements, and current-day transactions.

• Transfer funds between accounts.

• Pay bills and set up future payments.

Direct Business Plus Internet BankingGet all the features of Direct Business Internet Banking, plus:

• Make tax payments online.

• Transfer payroll and reimbursement funds to employee accounts.

CBT Business Mobile Banking• Supplement your Direct Business Internet Banking or

Direct Business Plus Internet Banking features.

• Access your accounts, pay your bills, and deposit checks from anywhere using your mobile phone or device.

eDocuments• Enroll in eStatements, eNotices, and eTax Documents

and opt out of paper.

• View statements and notices online and in our mobile app.

Business Analyzed AccountThis account is designed for businesses that have the highest level of activity, have sophisticated reporting needs, or need treasury management services.

With this account, fees will be charged for the services your business uses, and part, or all, of the charges can be offset by a monthly earnings credit.

For additional information on the Business Analyzed Account, please see page 10 and refer to our Account Analysis Brochure.

5For additional applicable disclosures, please refer to pages 19 – 21 For additional applicable disclosures, please refer to pages 19 – 214 For additional applicable disclosures, please refer to pages 19 – 21

Specialty Business Checking Accounts Business Savings Accounts

Business Savings Business Money Market Business MMA Sweep

Overview Ideal for businesses that want a traditional savings

account with a low minimum balance requirement.

Ideal for businesses that want to earn a competitive, tiered interest rate on their

account balances while having flexible access to

their funds.

Designed for small businesses that have excess

cash, and have limited sweep transactions from money

market to checking.

Interest Paid

Opening Balance Requirement $100 $1,000 $250,000

Monthly Deposit Transaction Limit 50 50 N/A

Monthly Cash Deposit Limit $15,000 $15,000 N/A

Top Balance Tier $100,000 $250,000 $100,000


Direct Business Internet Banking

CBT Business Mobile Banking with CBT Mobile Deposit


eDocuments

FEE INFORMATION

Over Deposit Limit Fee (per item over limit) $0.40 $0.40 N/A

Over Cash Deposit Fee (per $100) $0.15 $0.15 N/A

Monthly Maintenance Fee $5 $10 $25

Avoid the Monthly Maintenance Fee9 Maintain a minimum daily balance of at least $500.7

Maintain a minimum daily balance of at least $2,500.7 N/A

Paper Statement Fee $3 $3 $0

Avoid the Paper Statement Fee Opt out of paper with eStatements

Opt out of paper with eStatements N/A

ADDITIONAL BENEFITS

Additional Benefits See page 15 See page 16 See page 17

Business Checking

Primary Business Checking Accounts

Business Inspire CheckingBusiness Growth CheckingBusiness Interest CheckingBusiness Connect CheckingBusiness Analyzed Account

You will find descriptions of our business checking account options on the next several pages. Each one is designed to fit the needs of a different size or type of business, but all of them come with valuable features, a convenient branch network, and a team of professional business bankers. Please let us know if we can answer any questions about our accounts or help you decide which ones are right for your business.

Community Checking Attorney Client Checking

Overview Manage the complexity of your nonprofit organization with an account designed for 501(c)(3) and 501(c)(4) charitable organizations

dedicated to improving our community.

Earn interest on attorneys’ checking balances held in trust for multiple clients;

interest is paid directly to the state association.

Interest Paid

Monthly Transaction Limit 350 Unlimited

Monthly Cash Deposit Limit $15,000 Unlimited

Opening Balance Requirement $50 $200


Direct Business or Direct Business Plus Internet Banking with Bill Pay Yes, without Bill Pay

CBT Business Mobile Banking with CBT Mobile Deposit Yes, without CBT Mobile Deposit


eDocuments

FEE INFORMATION

Over-limit Fee (per transaction above limit) $0.40 N/A

Over Cash Fee (per $100 cash deposit above limit) $0.15 N/A

Monthly Maintenance Fee $10 $0

Avoid the Monthly Maintenance Fee9

Maintain a minimum daily balance of $1,000 or a combined business deposit/loan14/credit card15 balance of $10,000,7 or pay a minimum

of $150 for other qualified bank services.20

N/A

Monthly Paper Statement Fee $3 $0

Avoid the Paper Statement Fee Opt out of paper with eStatements N/A

ADDITIONAL BENEFITS

Additional Benefits See page 12 See page 13

Note: For government, municipality, and public entities, ask about our Public Funds accounts specially designed for these organizations.18 A Business Certificate of Deposit (CD) is an additional option, which provides a guaranteed fixed interest rate over a variety of term options. FDIC protection of up to $250,000 per account holder comes standard with all CB&T bank accounts.

6 7For additional applicable disclosures, please refer to pages 19 – 21 For additional applicable disclosures, please refer to pages 19 – 21

Business Checking

Features & Benefits• Open an account with a minimum deposit of $50

• Conduct up to 50 transactions per month at no charge4

• Deposit up to $3,000 in cash per month without a fee5

• Use Business Online Banking and Business Online Bill Pay to manage finances on your time through a mobile phone, tablet, or computer2

• Skip the branch and deposit checks through your mobile device3

• Get cash when you need it with no ATM charges at any California Bank & Trust ATM25

• Call our U.S.-based customer service 7 days a week

• Make purchases anywhere Visa® is accepted with your California Bank & Trust Business Debit or Credit card15

• Go paperless with eStatements, eNotices, and eTax Documents6










• Access optional treasury management services that focus on simplifying payments, reducing fraud, and moving money more efficiently17

FeesCan the monthly fee be waived?Yes,9 by maintaining a $1,000 minimum balance7 or by conducting $1,000 or more in transactions (debits or credits) each month.8

FeesCan the monthly fee be waived?Yes,9 with a $2,500 minimum daily balance7 or $10,000 in business loan14/credit card15 balances.

Business Inspire Checking

Keep your business moving with a checking account built to make your banking simple.

Business Growth Checking

Keep your business growing with more generous monthly transaction4 and cash deposit limits.5


Business Checking

Business Connect Checking

Give your business an edge with access to our expert banking team and a variety of tools designed for efficiency.




• Earn premium interest rates on eligible Savings and Money Market accounts13

• Make up to two (2) outgoing Domestic Wire Transfers each month with no fee when you submit the wire request through Business Online Banking11

• No monthly service fee for additional Savings and Money Market accounts linked to your relationship12

• Add an optional Business Money Market Sweep account21 to help maximize your earnings







FeesCan the monthly fee be waived?Yes,9 by maintaining a combined business deposit account balance of $10,000, a business loan14/credit card15 balance of $50,000, or by paying a minimum amount of $150 for other qualified banking services during the month.20

Business Interest Checking

Earn interest on business checking balances while enjoying generous transaction limits.




• Earn interest on your checking account balance1





• No monthly service fee for additional Savings and Money Market accounts linked to your relationship12




FeesCan the monthly fee be waived?Yes,9 by maintaining a minimum daily balance of at least $3,500.7


Business Checking

Features & Benefits• This account provides the flexibility to use many different

treasury management solutions on an “as needed” basis

• An itemized list of services is provided each month along with applicable service charges

• An earnings credit is also calculated each month, and that credit can offset part, or all, of the account service charges

• If service charges are not fully offset, the statement will indicate what account balance is required to avoid all charges

Business Analyzed Account

Effectively administer higher levels of banking activity and benefit from comprehensive treasury management solutions. Maintain a larger account balance and offset part, or all, of the service fees with an earnings credit.

For additional information on Account Analysis services, please refer to our Account Analysis brochure.

Specialty Business Checking

Specialty Business Checking Accounts

Community CheckingAttorney Client Checking

Learn more about our specialty checking account options on the next two pages. If you manage a nonprofit organization, take a look at our Community Checking account. If you are an attorney administering clients’ funds, our Attorney Client Checking is designed to help you manage those funds. If you have questions about either account, we’re here to help.


Specialty Business Checking

Features & Benefits• California Bank & Trust is an approved depository of IOLTAs

• Interest earned on this account is remitted to the State Bar of California in accordance with statutory requirements

• Attorneys must maintain a separate operating account with California Bank & Trust. The operating account will be charged service-related fees that cannot be assessed to the Attorney Client Checking account.

Attorney Client Checking

This account enables California attorneys to protect and conveniently deposit and distribute their clients’ trust funds while interest is paid to the California Bar Association.

Community Checking

Manage the complexity of your nonprofit organization with an account designed for 501(c)(3) and 501(c)(4) charitable organizations dedicated to improving our community.





• Make up to two (2) outgoing Domestic Wire Transfers each month with no fee when you submit the wire request through Business Online Banking11


• Use Business Online Banking2 and Business Online Bill Pay to manage finances on your time through a mobile phone, tablet, or computer

• Skip the trip to the bank with mobile check deposit3





FeesCan the monthly fee be waived?Yes,9 by maintaining a minimum daily balance of $1,000 or a combined business deposit/loan14/credit card15 balance of $10,000,7 or by paying a minimum amount of $150 for other qualified banking services during the month.20


Business Savings

Business Savings Accounts

Business Savings

Business Money Market

Business CD/Business Jumbo CD

From business savings to money market accounts and certificates of deposit, each of these FDIC-insured, interest-bearing accounts is designed to help your business protect and grow its cash and savings.

Business Savings

Ideal for businesses that want a traditional savings account with a low minimum balance requirement.



• Earn premium rates with a qualifying checking account13

• Variable rate, compounded daily,19 paid monthly

• Deposit up to 50 items per month at no charge10

• Use Business Online Banking to manage finances through a mobile phone, tablet, or computer2





FeesCan the monthly fee be waived?Yes,9 by maintaining a minimum daily balance of at least $500.7

WithdrawalsTransaction limits apply. Make up to six withdrawals and transfers each month without a withdrawal fee.10


Business Savings

Business Money Market

Ideal for businesses that want to earn a competitive, tiered interest rate on their account balances while having flexible access to their funds.

Features & Benefits• Open an account with a minimum deposit of $1,000


• Earn premium rates with a qualifying checking account13


• Deposit up to 50 items per month at no charge10

• Use Business Online Banking to manage finances through a mobile phone, tablet, or computer2


• Get cash when you need it with no ATM charges at any CB&T ATM25



Features & Benefits• A primary business checking account (any type) is required

to open a Business Money Market Sweep account21


• Conduct up to six transfers (sweeps) out of the account per month at no charge10



FeesCan the monthly fee be waived?Yes,9 by maintaining a minimum daily balance of at least $2,500.7

FeesCan the monthly fee be waived?There is no monthly fee waiver available with this account.

Business Money Market Sweep

Designed for small businesses that have excess cash, and have limited sweep transactions from money market to checking.

WithdrawalsTransaction limits apply. Make up to six withdrawals and transfers each month without a withdrawal fee.10


Features & Benefits• Open an account with a minimum deposit of $1,000

• Deposits are insured by the FDIC to at least $250,000

• Earn a competitive interest rate on money you don’t need to access right away

• Fixed interest rate, compounded daily23

• Choose a flexible savings term between 28 days and 5 years22

• Use Online Banking and Mobile Banking to view balances through a mobile phone, tablet, or computer2


FeesCan the monthly fee be waived?There is no monthly fee with this account.

Business Certificates of Deposit (CDs)

Use a Certificate of Deposit to maximize your savings for a fixed period of time.

Business Savings

Mobile Check Deposit Limits

Important Information

Important Account Disclosures

Relationship Age 0 – 179 Days 180+ Days

Daily Deposit Limit $7,500 $10,000

Rolling 30 Days’ Cumulative Deposit Limit

$15,000 $20,000

WithdrawalsEarly withdrawal/closure penalties may be assessed when principal is withdrawn from a CD prior to the maturity date.

1. Please refer to the Deposit Account Agreement, Account Disclosure, Deposit Rate Sheet, and the Service Charge Information schedule, or speak with a banker for more details.

2. Business Online Banking & Mobile Banking – Mobile Banking requires download of the smartphone or tablet version of CBT Business Mobile Banking from the Apple® App Store, Google Play®, or Samsung Galaxy® App Store. Message and data rates from your wireless provider may apply. Requires enrollment in Online Banking. Please see the Service Charge Information schedule for applicable fees. Subject to the terms and conditions of the Business Online Banking services agreement.

3. Mobile Deposits – Take a picture of your check deposit and submit through your mobile phone. Limits apply: see table above. Message and data rates from your wireless provider may apply. Requires download of Mobile Banking App enrollment in Mobile Banking and a separate contract.

4. Monthly Transaction Limits – Transaction: A transaction is a combination of debited items (withdrawals) credited items (deposits) and deposited items per statement cycle, and includes the following: Credits – any deposit into the account. Debits – any withdrawal such as check, draft, ACH or other debit against the account. Deposited items – each individual item that comprises a deposit such as a check or other item deposited.

5. Cash Deposit Limits – There is a charge per $100 cash deposited over your allowance. Please refer to the Service Charge Information schedule and account disclosure for additional details.

6. eDocuments – To avoid the Paper Statement Fee of $3, you must enroll in Online Banking, and opt your account out of receiving paper statements. You may opt to receive either electronic or paper account notices and tax documents at no additional cost. If multiple accounts are linked in a combined statement, you must have opted your primary account out of receiving paper statements.


7. Minimum Balance/Combined Balance Requirements – In order to avoid a monthly service fee, the minimum balance or combined balance requirement must be met. The monthly service fee amount is provided as part of the disclosures upon account opening. Minimum Balance: If your daily balance drops below the minimum balance requirement, then a monthly service fee will be assessed. Combined Deposit Balance: The combined deposit balance is calculated on the day prior to the statement date for the following linked business accounts: Checking, Savings, Money Market, CD, and IRA. The primary owner of the checking account must be an owner on all linked accounts. Combined Loan Balance: The combined outstanding loan balance is calculated on the business day prior to the statement date for the following business loans: term loans, lines of credit, overdraft line of credit, credit card and SBA loans. Mortgage loans are not included. The business listed as the primary owner of the checking account must be a borrower on all linked accounts. If a customer has two or more different checking accounts, credit for combined balances will only be given to the account with the highest monthly service fee.

8. Activity-Based Waivers – For the Business Inspire checking account, monthly Service requirements may be met by conducting $1,000 in transactions, defined as debits and credits. Debits and credits may come in the form of cash deposits or withdrawals, ACH, checks, online transfers, or debit card transactions.

9. Waived Fees – Service fee waivers will only apply to the primary account.

10. Excessive Savings or Money Market Transactions – Withdrawals: Federal banking regulations allow up to six (6) withdrawals by check, debit card, or pre-authorized, telephone, or computer transfer to another account or third party during a monthly statement cycle of at least four weeks. However, you may make an unlimited number of withdrawals from your account in person, by ATM, or by mail. A excessive withdrawal fee of up to $15 is assessed if you exceed your withdrawal limits during a monthly statement cycle.

If the above limits are exceeded three (3) times in a twelve (12) month period, the account will be closed or changed to a different type of account.

Deposits: $0.40 charge per additional deposited item over 50.

11. Wire Transfer Waivers – For specific accounts, two outgoing online banking wire transfer fees will be automatically refunded each service cycle. Other financial institutions’ fees are not refunded. Any additional incoming or outgoing wire fees will apply. Additional outgoing and incoming wire fees, domestic and international, will apply. See the applicable fee schedule for details.

12. Linked Account Benefit – Monthly maintenance fees are waived on linked business savings and business money market accounts when the primary owner of the Business Connect or Business Interest checking account is also an owner on the linked account.

13. Premium Rate Tier – Premium rate tiers are applied automatically to business savings and business money market accounts when the primary owner of the checking account is also an owner of the linked interest bearing account. For rate information please see the Deposit Rate Sheet.

14. Loans – All loans are subject to credit approval; terms and conditions apply. See a California Bank & Trust professional banker for details.

15. Credit Cards – Credit cards subject to credit approval. Certain terms, conditions, and restrictions apply. Visa® is the registered trademark of Visa International Service Association and California Bank & Trust does not claim any ownership or exclusive rights to the use of this trademark.

Important Account Disclosures

17. Business Management Solutions – Includes Positive Pay (fraud protection), Remote Deposit Web Client, Direct Business Online Banking, and Direct Business Plus Online Banking. See treasury management for product details and schedule of fees. Certain treasury management services may require credit approval; contract may also apply.

18. Public Funds Accounts – Eligibility rules may apply. Ask your banker for additional information.

19. Savings and Money Market Interest – Interest is calculated using the daily balance method. This method applies a daily periodic rate to the collected balance in the account each day. Annual Percentage Yield (APY) is variable and may change after the account is opened. Other fees may apply and may reduce earnings. Contact a branch for details.

20. Service Fee Alternative – In addition to the balance-related minimums, the Service Fee Alternative will waive the monthly service fee on the Business Connect, and Community Checking accounts if the qualified banking services (those billed through Account Analysis) fees charged to your account total an amount greater than $150 during a monthly statement cycle. Contract may be required.

21. Sweep Accounts – Please see your California Bank & Trust professional banker for details.

22. Certificates of Deposit Interest – Interest is calculated on collected funds only. Annual Percentage Yield (APY) is fixed for the term of the CD. Penalties assessed for early withdrawal. Fees may reduce earnings.

23. Certificates of Deposit Interest – Your disclosed interest rate will not change until the CD renews. Interest is calculated using the daily balance method, which applies a daily periodic rate to the collected balance in the account each day. Annual percentage yield (APY) is variable and may change. Penalties assessed for early withdrawal. Other fees may apply and may reduce earnings. Ask your banker for details.

24. Overdraft Protection Services – Insufficient Funds Fee (NSF): $36 per transaction posted against insufficient funds, whether the bank opts to pay or decline the transaction. See the Service Charge Information schedule for details. Extended Overdraft Fee (Overdraft Service Fee): $6 per day overdraft service fee applies. See the Service Charge Information schedule for details. Overdraft Protection: Optional overdraft protection services are available; subject to application and credit approval. Overdraft fees and applicable transfer fees may apply. See the Deposit Account Agreement and the Service Charge Information schedule for details.

25. ATM Charges – An ATM charge of up to $2 applies to transactions conducted at ATMs not owned or operated by ZB, N.A. In addition, ATM operator fees may be assessed.

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