Business Banking
Covenant Bank and Trust is proud to partner with local businesses. By taking the time to help you choose the right services for your business, we can help you get the most for your money!
Business Checking
This account fits the majority of small businesses. No service charges unless the balance falls below $500.
- $500 minimum to open account
- No monthly service charge if daily balance remains over $500
- Low monthly $5.00 service charge if balance drops below $500 any day of the month
- .20 per debit in excess of 50 per statement cycle
- Free online banking
- 24-hour telephone banking
- Real-time deposits (deposits received by 5 p.m. on business day will be credited same day)
- Images provided with free binder
Business Savings
Our business savings account gives you the ability to earn interest on your deposits.
- $50 minimum to open account
- No quarterly service charge if daily balance remains above $50
- $5.00 quarterly service charge if daily balance requirements are not met
- Up to six transactions permitted per calendar month
- A excess debit fee of $2.00 will be charged for each debit transaction in excess of six during a quarter
- Interest is credited quarterly
Certificates of Deposit
Earn competitive interest on long-term deposits when daily access is not necessary.
- $500 minimum to open account
- Available in a wide array of maturities
- Designed to earn higher interest rates for those who commit to a specific CD term
Still have questions? Call 706-764-3000 (main office) or 706-259-1200 (Dalton office) and ask for a customer service representative. We will be happy to assist you in finding the account that makes your needs.
