| Account | Term (if applicable) |
| High-Yield CD ($25,000 Minimum) | 1 year – 0.75%
3 years – 1.10% 5 years – 1.40% |
| Liquidity CD | 10-month term – 0.13% |
| Business Savings | 0.15%-0.25% |
| Business Checking | 0%-0.10% |
| Money Market Deposit Account | 0.20% |
Continental Bank Online Banking Review
Continental Bank currently provides online banking services specifically tailored to commercial businesses. These financial services include business CDs, business checking and savings accounts, and money market accounts. The bank also offers different types of financing for small and medium businesses, including real estate and equipment financing solutions.
Continental Bank Online Banking Highlights
APY SAVINGS
0.15% - 0.25%
APY CHECKINGS
Max 0.10%
MIN CREDIT SCORE
300
OTHER FEES
Yes
Pros & Cons
- Several financing services and products available for small and medium-sized businesses, including real estate financing, equipment financing, and lines of credit
- Convenient business transactions, payments to employees, wire transfers, etc.
- Various cash management tools, such as Intuit QuickBooks Web Connect, overdraft coverage, and sweep accounts (to balance cash flow)
- Low monthly maintenance fees and high potential yields
- Business checking accounts come with account maintenance fees
- No personal banking services
Account Type
- Checking
- Savings
- Certificates of Deposit (CD)
- Money Market Deposit Account (MMDA)
- Business
Continental Bank Checking Highlights
DEPOSIT AMOUNT
No minimum
APY
Max 0.10%
Pros & Cons
- Various cash management tools, such as Intuit QuickBooks Web Connect, overdraft coverage, and sweep accounts (to balance cash flow)
- Low monthly maintenance fees and high potential yields
- No personal banking services
Continental Bank Savings Highlights
DEPOSIT AMOUNT
No minimum
APY
0.15% to 0.25%
MIN BALANCE
$500
Pros & Cons
- Various cash management tools, such as Intuit QuickBooks Web Connect, overdraft coverage, and sweep accounts (to balance cash flow)
- Low monthly maintenance fees and high potential yields
- No personal banking services
Continental Bank Checking business Highlights
DEPOSIT AMOUNT
No minimum
APY
Min 1%
MIN BALANCE
$25,000
Pros & Cons
- Several financing services and products available for small and medium-sized businesses, including real estate financing, equipment financing, and lines of credit
- Convenient business transactions, payments to employees, wire transfers, etc.
- Low monthly maintenance fees and high potential yields
- Business checking accounts come with account maintenance fees
- No personal banking services
APYs
Features Benefits & Rewards
- Different tiers available to fit your business needs
- Account can connect to Intuit QuickBooks
- Savings account and money market account both have daily compounding interest
Account Types
Business checking accounts
Continental Bank offers three tiers of business checking accounts: Basic, Preferred, and Performance. There is no opening deposit, but there are account maintenance fees – avoidable if you keep a minimum monthly balance.
Each account is tailored to a different level of your business needs. This includes a debit card, mobile controls, QuickBooks, business mobile deposit capture, online transactions (ex. transfers, wires, bill pay), ATM access, and overdraft protection. The Preferred Checking Account also has remote deposit check scanners. The Performance account gives you access to saving sweep accounts and a Money Market Deposit Account.
| Account Type | Key Features Bonuses |
| Business Checking Account |
|
Business savings accounts
With a savings account, you can make your assets grow while accruing interest. There are two main types of savings accounts: Basic and Preferred.
Both accounts offer various digital services and features, including real-time account management and the ability to link them to a checking account for overdraft protection. Opening a savings account comes with no fees.
While the money market option gives you access to ATMs, a Debit Card, and checkbooks along with cashier’s checks.
| Account Type | Key Features Bonuses |
| Business Saving Account |
|
Money Market Deposit Account
Continental Bank’s Money Market Deposit Account comes with the Performance Checking Account. It includes daily compounding interest, is FDIC-insured, and includes checkbooks, debit cards, and fee-free ATM access.
| Account Type | Key Features Bonuses |
| Money Market Deposit Account |
|
Continental Bank - Opening An Account
Continental Bank is currently in the process of creating personal bank accounts for individuals. For now, however, they only offer banking services to commercial individuals (i.e., businesses).
Step 1
Get Started
To open an account for a business, head over to their Business Checking Page. Click “Apply Now” to start the online process. You’ll have the option to choose which type of account you’d like to open. When choosing a checking or savings account, you’ll also be asked to select the tier you’re interested in. From there, follow the prompts to complete your application for the account.
To be eligible for any of these accounts, you’ll need to be:
- US citizen or resident alien
- 18+ years of age
- Authorized to open the account on behalf of the business
- A control person within the business
If you’re applying for a CD, fill out a quick application. This requires:
- Your name
- Business entity name
- Federal tax identification number
- Address
- Personal email and phone number
- Desired term
- Amount
- Entity type (ex., trust)
After applying, simply wait for a response from the team.
State Availability
Available in all states
Privacy & Security
Continental Bank is transparent about their privacy and security measures. They collect general user information, such as the type of device you use to access their website and IP address, to improve your experience. They may also collect personal information, such as your SSN or contact details. This typically occurs when you apply for a particular service or product. As for security, Continental Bank uses Service Providers to safeguard potentially sensitive data.
Customer Support
Continental Bank is fairly responsive. But it can take a while to connect with a real person on the phone, especially if you call during peak business hours. Their representatives are friendly and helpful, though. When you call, there’s also an automated system that can help with basic queries.
The bank isn’t accredited or rated on Better Business Bureau. However, they have 4.8 stars on Google with mostly positive reviews.
Phone Support
(888) 858 7054
Mon-Fri
9AM-5PM MT
Email Support
customerservice@cbankus.c...
Social Media
In Conclusion
Continental Bank is a well-established financial institution that mainly provides financing for small and medium-sized businesses across the country. This includes equipment purchases, real estate lines of credit, and a business checking account. They’ve also built a reputation for themselves as an SBA Preferred Lender of both 504 and 7(a) loans.
The bank has also started to expand into personal banking, including a high-yield savings account and Certificates of Deposit. Their options are still somewhat limited, but the ease of use might make up for that.
FAQ
Continental Bank offers SBA financing, online CDs, business equipment financing, business real estate, and lines of credit. They do not provide many personal banking services or other financial products like auto or mortgage loans.
Yes, you can get an HOA loan tailored to your business’ needs.
The bank’s main customers are small and medium-sized business owners seeking financing for real estate, equipment, and other business needs.
Continental Bank Disclaimer
“Continental Bank”, “we”, “our”, or “us” means Continental Bank and its agents or assigns worldwide. Continental is committed to respecting your privacy, and we take the responsibility of protecting your personal and financial information seriously. This Online Privacy Statement (“Statement”) applies to www.cbankus.com, including the web sites, features, applications, online services, and functionality available via www.cbankus.com that post a link to this Statement, whether accessed via computer, mobile device or otherwise (collectively, the “Site”), and explains how Continental collects, uses, and shares information from or about you when you visit the Site. The Site is owned or controlled by Continental and Continental is the commercial operator of this Site, although software, hosting, and other functions and content may be provided by Continental service providers (“Service Providers”), or other companies affiliated with Continental or merely in a business relationship with Continental.
Disclosure
This website is an informative comparison site that aims to offer its users find helpful information regarding the products and offers that will be suitable for their needs. We are able to maintain a free, high-quality service by receiving advertising fees from the brands and service providers we review on this website (though we may also review brands we are not engaged with). These advertising fees, combined with our criteria and methodology, such as the conversion rates, our team of reviewer's finding and subjective experience and product popularity, impact the placement and position of the brands within the comparison table. In the event rating or scoring are assigned by us, they are based on the position in the comparison table, or according to other formula in the event specifically detailed by us. See our How we Rate page and Terms of Use for information. The reviews, rating and scoring are provided “as-is” without guaranties or warranties regarding the information contained in our website, which shall not be considered as endorsement. We make the best efforts to keep the information up-to-date, however, an offer’s terms might change at any time. We do not compare or include all service providers, brands and offers available in the market.
Angela Mae is a personal finance writer specializing in loans, debt management, investing, retirement planning, and financial literacy. She comes from a journalistic background and pulls from hands-on experience and deep-dive research to breathe life into her stories. Her goal is to help others achieve financial stability and independence. When not writing, she can be found traveling, honing her yoga skills, hiking, or exploring new means of healthy, sustainable living.
9.0
LS SCORE
10
CREDIBILITY
8.0
SUPPORT
8.0
ACCESSIBILITY
Opening Hours
Mon-Fri
9AM-5PM MT
Email Support
customerservice@cbankus.com
Social Media
Live Chat
Visit site