Three new lines of deposit products are available to qualifying customers at Community National Bank. The Premium Checking, Real Rewards Checking, and a Premium Saver Account were designed to keep money local and reward customers, explains President Alex Hardin:
“We are owned by the community, operated by the community, to serve the community and we see a real opportunity to grow our banks’ deposits with this particular account lineup. More and more customers are going to the Chase banks, the Chime, things of that nature; we feel there is a great opportunity for us to offer these competitive rates with these particular accounts to keep this money local. We have learned that out of a dollar that is spent or invested with these Chase banks, what stays within the local community, a nickel, a dime. It is my understanding that if it is invested here in the community, 85 cents of that dollar is going to stay within the community.”
Community National Bank in Monmouth has been locally owned since 1964.
