Reward Savings

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As a Central Texas business ourselves, we know how easily surprise costs can affect your bottom line. That’s why we created this unique savings solution to help you build a reserve of debt-free funds — quickly and easily.

Earn competitive interest on the entire balance1 of your account when you enroll in eStatements, our free paperless statement alternative. Increase your return by easily building your principal — link your CNBT Reward Savings account to accounts at any bank for quick contributions. No monthly fees mean your balance can grow even faster.

Summary
  • Competitive interest on entire balance1
  • Easily make contributions by linking Rewards Savings to accounts at any bank
  • No monthly service fee
  • No minimum balance requirements
  • Six free withdrawals per month2
  • Free online banking
  • Free eStatements
  • $100 minimum deposit to open

1APY = Annual Percentage Year. This is an interest-bearing account. 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. The daily balance that we use when calculating interest is the collected balance. That means we only include those funds for which we have actually received payment when we determine the balance on which interest is paid. 

Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example. checks). Interest will be compounded daily and will be credited to your account monthly.

At the Bank's discretion, we may change the interest rate on the account at any time. If you close your account before interest is credited, you will not receive the accrued interest.

There are no maximum or minimum interest rate limits on this account.

2You are permitted to make no more than (6) six transfers and withdrawals, or a combination of such transfers and withdrawals, per calendar month or statement cycle (or similar period) of at least 4 weeks. Transfers and withdrawals may be made to another account (including a transaction account) at City National Bank or to a third party by means of a pre-authorized or automatic transfer, or telephonic (including data transmission) agreement, order or instruction. No more than (6) six such transfers may be made by draft made by the depositor and payable to third parties.

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