Age has its Advantages
We designed this checking account especially for customers who are 55 and up. Earn interest without having to pay a monthly service charge!
CBO offers tiers that provide increasingly high interest rates for higher balances.
“55” Classic Checking Details
- Minimum opening deposit: $50.00
- Minimum balance: none
- Monthly minimum balance charge: none
- Earn interest monthly
- Account statements: monthly
- Unlimited account activity
- Free debit card
- Free Online Banking and Bill Pay
- Free money orders and cashier's checks
- Free first order of basic style checks
- 1/2 off the cost of a safe deposit box (any size!)
More Information
* APY = Annual Percentage Yield
55 Classic Checking (55 Years or Older)
Min. Opening Deposit | Balance/Term | Interest Rate | APY* |
---|---|---|---|
$50.00 | $0.01 – $4,999.99 | 0.20% | 0.20% |
$50.00 | $5,000.00 – $9,999.99 | 0.25% | 0.25% |
$50.00 | $10,000.00 and above | 0.30% | 0.30% |