Community Bank & Trust Bonuses: $400 Checking Promotion (IA)

Find the latest Community Bank & Trust bonuses, promotions, and offers here.

Update 10/14/25: The prior $300 bonus has been increased to $400 valid through 12/31/25.

Community Bank & Trust Bonuses Review

The vision to create an organization where relationships and service mattered has guided Community Bank & Trust in the past and will continue on as the strategy far into the future. From the beginning, they’ve made it their priority to provide a level of service unmatched by any financial institution – large or small.

I’ll go over the Community Bank & Trust offers below.

Community Bank & Trust $400 Checking Bonus 

For a limited time, Community Bank & Trust is offering you a $400 bonus when you open a new checking account.

• What you’ll get: $400 Bonus
• Eligible account: Checking Account
• Availability: IA (Branch Locator)
• Credit Inquiry: Soft Pull or Hard Pull? Let us know.
• Direct Deposit Required: No
• Monthly Fee: $5; waivable
• How to earn it:
  • Open a new Maxx Checking® account with a minimum opening deposit of $100, subject to approval;
  • Use your account’s debit card* at least once;
  • Receive at least 1 qualifying direct deposit or direct debit made through the Automated Clearing House (ACH) network, of $250 or more per transaction, posted and settled during the “qualifying period”.
  • The bonus will be deposited into your Maxx Checking® account within 30 calendar days after all of the qualifying requirements are met, provided the requirements were met within the “qualifying period”, the account is active and has a positive balance at the time of the bonus payment.

(Expires 12/31/2025)

Fine Print

• New Client Maxx Checking® Bonus Offer: Earn a $400 bonus when you open a new Maxx Checking® account and meet the following requirements within 3 months of account opening (“qualifying period”).
• To qualify for the New Client Maxx Checking® Bonus Offer:
  • Open a new Maxx Checking® account with a minimum opening deposit of $100, subject to approval;
  • Use your account’s debit card* at least once;
  • Receive at least 1 qualifying direct deposit or direct debit** made through the Automated Clearing House (ACH) network, of $250 or more per transaction, posted and settled during the “qualifying period”.
• Eligibility: All requirements must be completed, and the account must be open for at least 30 calendar days to be eligible for the bonus. This offer is available only to new Cedar Rapids Bank & Trust or Community Bank & Trust clients who have not held any consumer checking account with either bank in the past 12 months. Only new Maxx Checking® account clients are eligible. Current consumer checking clients of either bank are not eligible for this bonus offer, even if they have not previously held a Maxx Checking® account. Must be an Iowa resident to open an account.
• Bonus Payment: The bonus will be deposited into your Maxx Checking® account within 30 calendar days after all of the qualifying requirements are met, provided the requirements were met within the “qualifying period”, the account is active and has a positive balance at the time of the bonus payment.
• Additional terms: This offer is limited to one bonus per customer, per account, and will be paid to the primary owner. Cannot be combined with other offers. Promotion ends 12/31/2025 and is subject to change without notice.

Community Bank & Trust $100 Referral Bonuses

For a limited time, Community Bank & Trust is offering you and a friend to earn a $100 bonus when you refer them to open a new checking account.

• What you’ll get: $100 Bonus
• Eligible account: Checking Account
• Availability: IA
• Credit Inquiry: Soft Pull or Hard Pull? Let us know.
• Direct Deposit Required: No
• Monthly Fee: $0-$5; waivable
• How to earn it:
  • Simply refer a friend to open any new checking account with Community Bank & Trust!
  • $100 bonus will be paid within 30 days of when the following occur: the account has been open a minimum of 30 days, a reoccurring ACH transaction has occurred, the debit card has been used and the account has a positive balance.
  • Requirements must be met within the first six months.

(Expires 11/01/2023)

Editor’s Note: Here’s another link for a $50 referral bonus.

Fine Print

• $100 bonus will be paid within 30 days of when the following occur: the account has been open a minimum of 30 days, a reoccurring ACH transaction has occurred, the debit card has been used and the account has a positive balance.
• Requirements must be met within the first six months.
• Only new checking account clients are eligible.
• New client cannot have closed a CBT checking account within the previous 12 month period.
• Must be an Iowa resident.
• Cannot be combined with any other offers.
• Minimum opening deposit requirements range from $25 – $100, depending on the checking account type.
• The current client will receive a $100 credit into their CBT checking account only after the new client has met these requirements.
• Referral slip also serves as a one-time waiver of new client’s privacy rights as detailed in the bank’s privacy policy as the referral source will be aware of this account opening.
• New clients may not combine this with any other promotion.
• Bonuses are unlimited per client and will be reported to the IRS as applicable.
• Promotion valid 9/1/23 – 11/1/23. Member FDIC

Community Bank & Trust $200 Checking Bonus (Expired)

For a limited time, Community Bank & Trust is offering you a $200 bonus when you open a new checking account.

• What you’ll get: $200 Bonus
• Eligible account: Checking Account
• Availability: IA (Branch Locator)
• Credit Inquiry: Soft Pull or Hard Pull? Let us know.
• Direct Deposit Required:
• Monthly Fee: $0-$5; waivable
• How to earn it:
  • Open a new checking account.
  • New client gets to choose one of the following: Yeti Hopper Flip 8 Soft Cooler, Apple Airpods 3rd Generation or $200 gift.
  • The gift will be given within 30 days of when the following occur:
    • the account has been open a minimum of 30 days,
    • a reoccurring ACH transaction has occurred,
    • the debit card has been used and the account has a positive balance.

(Expires 04/15/2023)

Fine Print

• New client gets to choose one of the following: Apple Watch SE, Bowflex Selecttech 552 Dumbbell or a $200 credit to the account.
• The gift must be picked up at our Downtown Waterloo location (422 Commercial Street, Waterloo, IA 50701).
• Gifts will not be shipped. If the $200 credit is selected, it will be applied as a credit to the customer’s account once the gift requirements have been met.
• The gift is eligible for pick up within 30 days of when the following occur: the account has been open a minimum of 30 days, a reoccurring ACH transaction has occurred, the debit card has been used and the account has a positive balance.
• The account must be active in order to be eligible for the gift.
• Requirements must be met within the first six months.
• Customer will be notified by the bank when they have met the requirements and are eligible to pick up their gift.
• If you do not pick up your gift within 30 days of being notified, your gift will default to the $200 credit to the account.
• Accounts opened online will automatically default to the $200 credit. Only new checking account clients are eligible.
• Cannot be combined with any other offers.
• Minimum opening deposit requirements range from $25 – $100, depending on the checking account type. (For Example, Step Up Teen Checking minimum – $25 and GO Checking minimum – $100).
• Must be an Iowa resident.
• Refer-a-Friend details: The current client will receive a $100 credit into their CBT checking account only after the new client has met these requirements. New clients may not combine this with any other promotion. Refer-a-Friend bonuses are unlimited per client. Bonuses and gifts will be reported to the IRS as applicable.
• Promotion ends 4/15/23.
• Member FDIC.

How To Waive Monthly Fees

• Go Checking: $5 statement fee will be assessed on all accounts that do not sign up for e-statements within 90 days of account opening
• Maxx Checking: $5 monthly statement fee will be assessed on accounts that do not sign up for e-Statements within 90 days of account opening
• Free Checking: None
• Step Up Teen Checking: None listed
• Royal Club Checking: None listed
• Steady Savings: $2/mo service fee if fail to maintain $200 average daily balance
• Piggy Banker Savings: None listed
• Money Market: $5/mo service fee if fail to maintain $1,000 average daily balance
• Flex Investor: None listed
• BUSINESS ESSENTIALS: None
• BUSINESS PREFERRED: $10,000.00 Average Daily Balance
• BUSINESS ANALYSIS: None

Conclusion

Community Bank & Trust offers a variety of ways to earn bonuses so if you qualify for any and they interests you then be sure to sign up!

I would check out a list of our Savings, Money Market, and CD Rates to find other generous promotions you can utilize.

• Best Savings/Money Market rates
• Best CD Account rates

If you are not eligible for these promotions, use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.

Feel free to comment on this post with any questions you may have about Community Bank & Trust, their accounts they offer, or coupon codes.

Check back often for more Community Bank & Trust Bonuses, Promotions, or Offers!