We want to update you about changes we’re making to simplify our product offerings and better meet your needs.
Effective July 15, 2017, we are renaming your account CommerceRelationship Checking. It will be subject to a $20 monthly service charge. You can waive the $20 monthly service charge if during the statement cycle you:
- Maintain a $5,000 average daily balance in your CommerceRelationship account
- Maintain $15,000 in combined deposit balances: checking, savings, money market, and CD. (The person listed first on the account must maintain these balances.)
Your CommerceOptionsSM Plus Checking account that is being discontinued had a $12 monthly service charge that was applicable if requirements to waive the service charge were not met.
All the other benefits you currently receive with your account will remain the same and no action is required on your part. This includes both the timing of your statement and the statement option you have previously selected. In addition, your account number and debit card number (if applicable) will remain the same.