Personal Banking

Personal banking. Is there really any other kind?

Banking should be personal, whether you're a business owner or a homeowner, a retiree or a new family. Capital Bank offers a wealth of options for personal banking: checking accounts and saving accounts, debit cards and home equity loans, ATMs and more. All delivered person-to-person...like no other Capital Region bank.

Capital Bank Switch Kit
Save time and manage your accounts more easily by consolidating them with Capital Bank. Our Switch Kit provides you with all of the forms required to transfer your personal and business accounts to your existing accounts at Capital Bank, as well as any direct deposits or auto payments that you have.

Checking

Whether you want a basic, free or an interest-bearing checking account, we have a variety of products to fit your style and needs. Are you a frequent ATM user, or a frequent traveler? Take a look at our Global Checking product, which features no ATM fees at over one million ATMs worldwide. 

For all personal checking accounts, we also offer:

• Free Web Banking
• No-Fee Online Bill Pay
• e-Statements
• VISA® Debit Card
• VISA® Extras

Free Checking
Many banks offer free checking, but almost all of them attach "strings." Not here. Our free checking account is absolutely free.  This account features no minimum balance requirements, no monthly maintenance fees and no monthly per-check fees.

Global Checking
No ATM fees!  Zip. Zero. Zilch.  Global Checking will provide you with fee-free access to over one million ATMs locally, nationally and worldwide. Fee-free means no ATM transaction fees from Chemung Canal, and waived ATM fees from other banks.

Accountholders are required to receive at least one regularly scheduled direct deposit, receive monthly e-statements and make at least 8 VISA® Debit Card transactions during each statement cycle. If one of these requirements is not met, a monthly maintenance fee of $10.00 will charged.

49 Forever Checking
Age 49 or older? You deserve the advantages of our 49 Forever checking account, which boasts a number of special benefits. Only one person on the account needs to be 49 in order to take advantage of the benefits.

• No maintenance or per-check charges
• Minimum $25 to open account
• Free on-line bill payment
• e-statements available
• $15 off any personalized check order, or free standard safety paper checks
• $6 off any size safe deposit box rental
• Up to 4 foreign ATM fees waived per month (CCTC fees only)
• No-fee Travelers Checks
• Direct deposit of payroll, benefits, or social security checks
• Automatic transfers to a Chemung Canal savings account
• Two photocopies of legal documents annually

Capital NOW Checking
Individuals, municipalities, and all organizations, associations and corporations that are organized as not-for-profit are eligible for a NOW account, which offers interest-bearing opportunities.  The interest rate is tiered at the following levels:  under $2,500 and $2,500 and over.  Minimum average daily balance to avoid a $5.00 fee is $1,000.

Health Savings Account
If your business offers a high deductible health insurance plan, we can provide you with a Health Savings Account to help you save for future qualified medical expenses.  Save for future qualified medical expenses on a tax-advantaged basis!

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Savings & Money Market Accounts

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CDs

Flexibility is the best word for Capital Bank CDs. Our terms range from seven days to five years, and you can even withdraw the interest every month!  

If you're looking for competitive interest rates, don't need immediate access to your savings, and want to formulate a longer-term investment program, our CDs offer a good savings option.  Interest accrues daily and is compounded quarterly, and paid to your account quarterly (or at maturity).

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Retirement

Is an IRA right for you? If you earn taxable compensation (or are the spouse of someone who does), you may well be eligible to open one. The benefits are considerable: compound interest to accelerate the growth of your nest egg - and tax savings to reduce the drag on that growth.

Capital Bank offers a range of retirement accounts to help you secure your future:

• Traditional IRAs. With this type of account, you generally pay no taxes on your deposits-or on the earnings in the account-until you start withdrawing them at age 59 and one half or later. (You must begin withdrawals by age 70 and one half.) Because many people are in a substantially lower tax bracket by that time, this allows them to save on their overall tax bill.
• Roth IRAs. With the Roth IRA, you pay taxes on the deposits when you make them. However, your withdrawals-which you can take anytime-may have certain tax advantages (provided certain conditions are met).
• Coverdell Education Savings Accounts. This account allows you to contribute up to $2,000 a year (depending on your income). Withdrawn earnings are tax-free as long as they're used to cover eligible education expenses-including expenses for elementary school or secondary school as well as college.

You can open a Capital Bank IRA as either a personal savings account or a CD (with terms from six months to five years).

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Lending

Whether you're buying a home or a car, putting on an addition or taking the trip of a lifetime, our personal loans can help you get there.

Installment Loans

Mortgage Loans

Home Equity Loans & Lines of Credit

View our interest rates

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