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Business Checking

Providing Opportunities That Are Good for Business

At Community Bank of Missouri, we have a lot in common with our business customers. We’re dedicated to helping area commerce grow and thrive. In fact, as a locally owned bank, we have more invested in the community than any bank in town. Whether it’s a corporation, Limited Liability Company, Partnerships, a sole-proprietorship or a non-profit organization, it’s our job to offer banking that works for you.
 

Checking Products

Not all businesses are the same, so we’ve created a variety of checking accounts to fit your specific business needs.

In addition to its own unique benefits, each account has access to our complimentary banking services:
  • First Name, Friendly Service
  • Online Banking and Bill Pay
  • Mobile Banking
  • Text Banking and Alerts
  • E-statements
For round-the-clock purchasing convenience, our Contactless Mastercard® debit card may be used anywhere that Mastercard® is accepted. You can also withdraw funds after hours at either of our bank locations ATM terminals. Out of town? No problem – find a MoneyPass® ATM on our website or use  www.moneypass.com


New Business Account Requirements

When opening a new business account with Community Bank of Missouri, we will ask you to provide an unexpired government-issued photo ID, such as a license or a passport and a second form of ID with your name on it such as a voter registration card, insurance card, utility bill, tax receipt or a debit/credit card for each owner or authorized signer.
 
Click the link below to complete our Customer Information Profile form for each owner or authorized signer:

Click the link below to complete our Business Customer Information Profile form:


If applicable, complete our Beneficial Ownership Certification Form:
Bring your two forms of ID with each completed Customer Information Profile form(s) and a Business Customer Information Profile form. In addition to the previously mentioned documents, we may ask you to provide documentation to verify your identity and to begin the account opening process. The following table lists the required documentation for each business type. You may be asked to provide additional documentation not mentioned in the following table.


Sole Proprietor Limited Liability Company Corporation General Partnership Limited Partnership Unincorporated Assoc./Organization/Club
Completed Customer Information Profile form(s) black check mark black check mark black check mark black check mark black check mark black check mark
Competed Business Customer Information Profile form black check mark black check mark black check mark black check mark black check mark black check mark
Employer Identification Number (EIN) black check mark black check mark black check mark black check mark black check mark black check mark
Articles of Organization/ Incorporation

black check mark black check mark black check mark black check mark
Certificate of Good Standing
black check mark black check mark black check mark

Operating Agreement
black check mark

black check mark
Beneficial Ownership Certification Form
black check mark black check mark black check mark black check mark
black check mark
Control Prong Only
Minutes
black check mark black check mark black check mark black check mark black check mark
Bylaws

black check mark


Partnership Agreement


black check mark black check mark


Corporations, LLCs, Partnerships, Sole Proprietorships, and Non-Profit Organization

We have a variety of account options to meet the needs of any business.
  • $100.00 opening balance required
  • $1,000.00 minimum  balance required – a $7.50 monthly service fee will be assessed if minimum balance is not maintained
  • $2.00 per month paper statement fee – fee waived if enrolled in E-statements
  • $100.00 opening balance required
  • $5,000.00 minimum balance required – a $15.00 monthly service fee will be assessed if minimum balance is not maintained
  • $2.00 per month paper statement fee – fee waived if enrolled in E-statements
  • $1,000.00 opening balance required
  • $1,000.00 minimum balance - $10.00 monthly service fee will be assessed if minimum balance is not maintained
  • 6 withdrawals allowed per month - $10.00 monthly service fee if transaction limit is exceeded
  • Interest is calculated on average daily balances per a tiered interest rate – See Current Rates.
  • $2.00 per month paper statement fee – fee waived if enrolled in E-statements
  • Debit cards are not available for this account
  • $100.00 opening balance required
  • No minimum monthly balance required
  • $2.00 per month paper statement fee – fee waived if enrolled in E-statements
  • $100.00 opening balance required
  • $2,500.00 minimum balance - $15.00 monthly service fee will be assessed if minimum balance is not maintained
  • Interest is calculated on  average daily balances per a tiered interest rate - See Current Rates
  • $2.00 per month paper statement fee – fee waived if enrolled in E-statements
  • $1,000.00 opening balance required
  • $1,000.00 minimum balance - $10.00 monthly service fee will be assessed if minimum balance is not maintained
  • 6 withdrawals allowed per month - $10.00 monthly service fee if transaction limit is exceeded
  • Interest is calculated on average daily balances per a tiered interest rate – See Current Rates.
  • $2.00 per month paper statement fee – fee waived if enrolled in E-statements
  • Debit cards are not available for this account

Link Account Agreement

Avoid an insufficient funds fee by signing up for our Linked Account Agreement – In the event that your checking account has an insufficient balance and the funds are available in another checking or savings account, we will automatically transfer the amount required to cover the insufficient balance in increments of $50.00. A $15.00 service charge will be assessed if a transfer is performed. 

Enjoy unlimited free online access to financial tools.