Deposit Products

Commerce Bank offers a deposit product to meet your needs. Switching from your current bank to Commerce Bank is quick and easy. To obtain more information, or open an account, just stop by our main office or call 662-286-5577 and speak to one of our friendly and helpful Customer Service Representatives. If you need to reorder checks use our secure Check Reorder Form.   Need help balancing your checkbook?  Try our Checkbook Balancer!

Expiration of Temporary Unlimited Coverage for Noninterest-Bearing Transaction Accounts   Beginning January 1, 2013, noninterest-bearing transaction accounts will no longer be insured separately from depositors’ other accounts at the same IDI. Instead, noninterest-bearing transaction accounts will be added to any of a depositor’s other accounts in the applicable ownership category, and the aggregate balance insured up to at least the Standard Maximum Deposit Insurance Amount (SMDIA) of $250,000, per depositor, at each separately chartered IDI. For example, if after the expiration of the Dodd-Frank Deposit Insurance Provision a depositor under the single ownership category has $500,000 deposited in a noninterest-bearing transaction account and $250,000 deposited in a certificate of deposit, or total deposits of $750,000, the depositor would be insured for up to $250,000 and uninsured for the remaining balance of $500,000. Depositors should be made aware that Section 335 of the Dodd-Frank Act permanently increases the SMDIA to $250,000. For more information about FDIC insurance coverage of deposit accounts, visit www.fdic.gov.

 

Thrifty Checking Account

Thrifty Checking may be just right for you if you write less than 15 checks per month and are looking for an affordable checking account.

Open an Account
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Benefits

  • Minimum Opening Balance $100.00
  • 15 checks or debits per statement cycle with no transaction fee – $0.25 per check or debit thereafter.
  • ATM or VISA Debit Card available.
  • Service charge of $3.00 per month - no minimum balance required.

Personal Checking Account

Commerce Bank’s Personal Checking offers unlimited check writing ability and there is no monthly service charge if the minimum balance is at least $500.

Open an Account
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Benefits

  • Minimum Opening Balance $100.00
  • No Transaction Limitations
  • A service charge of $8.00 per month will be imposed if the daily balance falls below $500.00.
  • ATM or VISA Debit Card available

Money Maker Checking (NOW Account)

If you are looking to earn interest on your checking account balances, Commerce Bank’s Money Maker Checking (NOW Account) may be just what you’re looking for.

Open An Account
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  • Minimum opening balance $500.00
  • 50 deposits per statement cycle with no transaction fee – $0.08 per credit thereafter
  • 40 checks or debits per statement cycle with no transaction fee – $0.25 per check or debit thereafter
  • Interest bearing: Minimum $500.00 average daily balance required to earn interest. Interest accrues on the collected balance. Interest paid monthly.
  • ATM or VISA Debit Card available.
  • A service charge of $8.00 per month will be imposed if the daily balance falls below $1,000.00

Premier Checking Account

Commerce Bank’s Premier Checking Account offers higher balance checking customers an opportunity to earn even more, and still have the convenience of check writing availability to your money.

Open An Account
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  • Minimum opening balance $5,000.00
  • 40 checks or debits per statement cycle with no transaction fee – $0.25 per check or debit thereafter
  • 50 deposits per statement cycle with no transaction fee – $0.08 per item deposited thereafter
  • Interest bearing: Minimum $1,000.00 average daily balance required to earn interest. Interest accrues on the collected balance. Interest paid monthly
  • 4 balance tiers – You earn a higher APY for larger balances.
  • ATM or VISA Debit Card available.
  • A service charge of $10.00 per month will be imposed if the daily balance falls below $5,000.00

Senior Checking

Open An Account
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  • This account is for customers age 60 and older
  • Minimum Opening Balance $100.00
  • No transaction limitations
  • No monthly service charge
  • Free Senior Checks
  • ATM or VISA Debit Card available

Money Market Investment

You can earn higher APY’s on your excess funds and still be able to write up to 3 checks per month with Commerce Bank’s Money Market Investment Account.

Open An Account
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Benefits:

  • Minimum opening balance $1,000.00
  • Interest bearing – Minimum $1,000.00 average daily balance required to earn interest. Interest accrues on the collected balance. Interest paid monthly.
  • 4 balance tiers – You earn a higher APY for larger balances.
  • Service charge of $8.00 per month if daily balance falls below $1,000.00
  • 50 deposits per statement cycle with no transaction fee – $0.08 per item deposited thereafter
  • 6 checks or debits per statement cycle with no transaction fee – $10.00 per check or debit thereafter
  • ATM or VISA Debit Card available.

Regular Savings

Commerce Bank’s Regular Savings Account is a great place to save, on a regular basis, for unexpected emergencies or future planned events.

Open An Account
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Benefits:

  • Minimum opening balance $100.00
  • Interest bearing – Minimum $25.00 average daily balance required to earn interest. Interest accrues on the ledger balance. Interest paid semi-annually.
  • 12 withdrawal transactions per 6 month statement cycle with no transaction fee – $1.00 per withdrawal thereafter
  • No monthly service charge
  • ATM Card available

Student Checking Account

Commerce Bank offers an affordable deposit product to meet the needs of our student customers who are preparing for their future.

Open An Account
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Benefits:

  • One account per each full-time student under age 25
  • Minimum Opening Balance $100.00
  • No monthly service charge
  • 15 checks or debits per month with no transaction fee – $0.25 per check or debit thereafter
  • ATM or VISA Debit Card available