Let our team of friendly and professional people help you with your individual banking needs. We offer a variety of deposit account options for you.
Our account holders enjoy free access to online banking, mobile banking, and bill pay services; as well as debit cards with no transaction fees at Bank of Clovis ATMs.
Checking
Choose from among 5 different checking account types based on your expected transaction volume and average balance. We have a checking product that will work for you.
Check out our CD Ladder!
| Checking Accounts | Basic Checking | SmartStart Checking | Regular Checking | Interest Checking | Commercial Checking | Commercial Interest Checking |
| Minimum Opening Deposit | $100.00 | $50.00 | $100.00 | $100.00 | $100.00 | $100.00 |
| Minimum Balance | $100.00 | - | $500.00 | $1,000.00 | $2,500.00 | $5,000.00 |
| Fee(s) If Below Minimum Balance | $10.00 per statement | - | $15.00 per statement | $15.00 per statement | $50.00 per statement | $100.00 per statement |
| Other Fee(s)/Penalties | $0.25 per check over 10 per statement |
$0.50 per check over 5 per statement. _________ $5.00 Paper Statement Fee (waived if enrolled in eStatements) |
$0.25 per check over 50 per statement | $0.25 per check over 50 per statement | $0.25 per check over 150 per statement | $0.25 per check over 150 per statement |
| Interest Rate¹ | -- | - | -- | 0.40%² | -- | 0.40%² |
| Annual Percentage Yield (APY)¹ | -- | - | -- | 0.40%*² | -- | 0.40%*² |
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¹ All interest rates and APY(s) current as of February 1, 2023. Fees may reduce earnings. Daily Balance Method – We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. |
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Savings
The Bank of Clovis offers savings accounts and money market accounts with competitive interest rates and friendly terms. Let us help you save for the future today.
| Savings Accounts | Savings | Money Market |
| Minimum Opening Deposit | $100.00 | $100.00 |
| Minimum Balance | $100.00 | $2,500.00 |
| Fee(s) If Below Minimum Balance | $10.00 per statement | $20.00 per statement |
| Other Fee(s)/Penalties | $3.00 per transaction over 10 per statement | $5.00 per transaction over 6 per statement |
| Interest Rate¹ | 0.75%² | 1.20%² |
| Annual Percentage Yield (APY)¹ | 0.75%*² |
1.21%*² |
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¹ All interest rates and APY(s) current as of February 1, 2023. Fees may reduce earnings. Daily Balance Method – We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. |
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Certificates of Deposit
The Bank of Clovis offers Time Deposit products ranging from 6 months to 5 years. Our rates are competitive and our account structure is easy to understand. See the chart of accounts for more detailed information.
| Certificates of Deposit | 6-month CD | 1-year CD | 2-year CD | 3-year CD | 5-year CD |
| Minimum Opening Deposit | $5,000.00 | $5,000.00 | $5,000.00 | $5,000.00 | $5,000.00 |
| Minimum Balance | $5,000.00 | $5,000.00 | $5,000.00 | $5,000.00 | $5,000.00 |
| Fee(s) if Below Minimum Balance | -- | -- | -- | -- | -- |
| Other Fee(s) / Early Withdrawal Penalties | 1 month interest on amount withdrawn | 3 months interest on amount withdrawn | 3 months interest on amount withdrawn | 3 months interest on amount withdrawn | 6 months interest on amount withdrawn |
| Interest Rate¹ | 2.00% | 2.10% | 2.20% | 2.30% | 2.40% |
| Annual Percentage Yield¹ | 2.02% | 2.12% | 2.22% | 2.33% | 2.43% |
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¹ All interest rates and APY(s) current as of February 1, 2023. Additional terms and conditions may apply, please contact us for further details. Fees may reduce earnings. Daily Balance Method – We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. |
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Individual Retirement Accounts
Let us help you prepare for retirement with an IRA at The Bank of Clovis. More information about IRAs is available in our chart of accounts.
| Individual Retirement Accounts | 6-month IRA | 1-year IRA | 2-year IRA | 3-year IRA | 5-year IRA |
| Minimum Opening Deposit | $100.00 | $100.00 | $100.00 | $100.00 | $100.00 |
| Minimum Balance | $100.00 | $100.00 | $100.00 | $100.00 | $100.00 |
| Fee(s) If Below Minimum Balance | -- | -- | -- | -- | -- |
| Other Fee(s)/Penalties | 1 month interest on amount withdrawn | 3 months interest on amount withdrawn | 3 months interest on amount withdrawn | 3 months interest on amount withdrawn | 6 months interest on amount withdrawn |
| Interest Rate¹ | 2.10% | 2.20% | 2.30% | 2.40% | 2.50% |
| Annual Percentage Yield (APY)¹ | 2.12% | 2.22% | 2.33% | 2.43% | 2.53% |
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¹ All interest rates and APY(s) current as of February 1, 2023. Additional terms and conditions may apply, please contact us for further details. Fees may reduce earnings. Daily Balance Method – We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. |
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