The Elite Advantage Personal
- Elite Advantage Account
- Elite 50 Account
- Savings and Investment Accounts
- Personal Money Market Account
- Certificate of Deposit
- Individual Retirement Accounts (IRA)
- The Elite Advantage Lending Services
Elite Advantage Account
The Elite Advantage Account is designed to include many banking services in one convenient account.
- Personalized Service
- Free Debit Card
- Free unlimited ATM access
- Personalized checks printed on site
- Free Internet Banking Access
- Free Electronic Statements
- Free Checks
- Free Traveler’s Checks
- Free Cashier’s Checks
- Interest paid on balances over $1,000
You may avoid a $15 service charge on this account if you maintain any of the following:
- $2500 minimum checking balance or
- $3500 minimum savings balance or
- $5,000 minimum Money Market Account balance or
- $10,000 in a Certificate of Deposit
Elite 50 Account
The Elite 50 Account offers all the features of our Elite Advantage Account, but with no minimum balance requirements and no maintenance fee! You must be age 50 and up to qualify.
Other checking account options are available.
Savings and Investment Accounts
The Elite Advantage offers many options for managing your short and long term financial goals including Savings and Investment Accounts. Your Private Banker can customize and recommend the most optimal place for your savings.
Statement Saving Account
The Statement Savings Account pays a competitive rate of interest and you will receive a statement each month.
- No monthly maintenance fee with a daily balance above $100
- $3.00 maintenance fee will be charged if the balance falls below $100
- A fee of $3.00 will be charged for each withdrawal in excess of two (2) per month
- Interest will be compounded daily and credited to your account monthly
- Unlimited deposits
Personal Money Market Account
Our Personal Money Market accounts earn a competitive rate of interest. Federal regulations limit third party or pre-authorized transfers to 6 per statement cycle, of which only 3 made be made by check or draft.
- No maintenance fee with a $2,500 minimum daily balance
- $8.00 maintenance fee if applicable
- Interest will be compounded daily on collected balances of $1,000 or more
- Interest will be credited to your account monthly
- $10.00 will be charged for each withdrawal in excess of 6 during a statement cycle
The Personal Money Market Account is tiered to reward high balances with a premium rate of interest.
- Tier I $1,000 to $9,999
- Tier II $10,000 to $24,000
- Tier III $25,000 to $49,999
- Tier IV $50,000 to $99,999
- Tier V $100,000 and up
Certificate of Deposit
For longer term investments with higher yields, open a Certificate of Deposit. You may purchase a Certificate of Deposit for as little as $500 for a specific period of time. Rates vary according to the term selected, and you choose when interest is paid: Monthly, quarterly, semi-annually or at maturity. Certificates of Deposit are subject to a penalty for early withdrawal.
- Terms range from three (3) months to sixty (60) months
- Competitive interest rates
- Automatic certificate renewal
- Certificates may be used as collateral on loans
- Interest may be reinvested, deposited to another account, or paid by check
Individual Retirement Accounts (IRA)
An IRA is a convenient savings program that allows money to be set aside for retirement. Withdrawals from an IRA may be made without penalty after reaching age 59 ½. A substantial interest penalty, as required by law, is charged for early withdrawals from an IRA. Choose any of our IRA options from twelve (12) months to sixty (60) months with a minimum opening deposit of $500.
The Elite Advantage Lending Services
One of the many benefits of Private and Entrepreneurial Banking from The Buckhead Community Bank is our customized loan program. Sit down and explain your needs to us from small personal loans to mortgages, we are here to be your partner in developing the best loan programs for you.
