Regular Savings

Good financial health begins with a Savings account. You can open a basic Savings account at CBC with only $25 and earn modest dividends. To watch your Savings grow even faster, we offer many other types of Savings accounts.

Term Share Certificates (CD)

• Terms from 3 months to 5 years
• Low $500 minimum deposit to open
• Earn a greater dividend than regular savings
• Easy to open online, in a branch or over the phone
• Insured to at least $250,000*

Summit Money Market Account

Take advantage of dividend rates that are among the highest in Ventura County. Our Summit Money Market Account offers high yield, safety, easy access and the convenience of checkbook access.

• $2,000 minimum deposit to earn dividends
• Write up to 6 checks per month
• The higher your deposit, the higher your yield
• Insured to at least $250,000*

Individual Retirement Account (IRA)

• Choose from Traditional IRA or Roth IRA
• Minimum $500 initial deposit
• Insured to at least $250,000*

Coverdell Education Savings Account (ESA)

• Save money for your child or grandchild's education
• Set up as a Certificate or Savings account
• Same rates as Traditional or Roth IRA
• Non-deductible contributions up to $2,000 per child

We recommend you consult your tax advisor for tax-deductibility questions on IRA and ESA contributions.

Health Savings Account (HSA)

• Save for future medical expenses while earning dividends
• Save on health insurance premiums by switching to higher deductible plan
• Save on your taxes^†
• No "use it or lose it" rules
• Keep your HSA even if you change jobs or insurance

† Please consult your tax advisor.

* For your protection, our deposit accounts are insured to at least $250,000 by the National Credit Union Administration, an agency of the federal government.