It Makes Cents!
Frequently Asked Questions
- How, exactly, does the transfer/math work?
- Here's an example:
- Joe makes the purchases shown (in the table below) on a single day.
- Each transaction is rounded up to the nearest $1.00.
- These rounded up amounts are added together, resulting in a total of $2.25. $2.25 is automatically transferred from Joe's checking account to his savings account.
Item Cost Round-up Amount Coffee $1.49 $0.51 Gas $32.18 $0.82 Candy $2.97 $0.03 Game Ticket $63.11 $0.89 Total $2.25
- Will this round-up all of my debit card transactions, no matter if they are PIN or signature-based?
- May I round-up to an amount greater than the nearest dollar?
- Yes. You may choose to round-up your transactions to any even dollar increment up to $10.
- Can a person round their change into any individual's savings account? ex) Can a grandparent round their change to their grandchild's account?
- Yes. Signed authorization is required from the owner of the account where the transfers are directed to be deposited.
- Can I deposit my rounded-up transactions to a savings account at another bank?
- No. All accounts must be with CNB.
- Some small businesses don't "settle" their card transactions daily. How will this affect the round-up?
- The round up transactions occur each day after your card transactions have posted to your account. A card transaction posts to your account when the business settles their transactions. All businesses have 30 days to settle their transactions, so your card transactions do not always post to your account the same day you swipe your card.
- What if I don't have enough money in my account during the transaction?
- The debit card transaction will post the same as always. The rounded-up portion will not take place. If there are pre-authorizations that have thrown the account into the negative, then those transactions will not round up.
- Can I round-up my change into another checking account?
- Yes, as long as the checking account is at Central National Bank.
- Are business accounts eligible?
- Yes. Both personal and business accounts are eligible.
- Does Central National Bank offer a savings match program?
- Yes! The bank will match 5% of your rounded up savings total, up to $50 per statement cycle.
- I'd like to try this for a few weeks, but what if I decide it's not for me?
- You can be removed from the program easily by contacting your local branch.
How can we help?
Let us know the best way to reach you and one of our customer representatives will be in touch.Contact Us Open Account
© 2023 Central National Bank. All rights reserved.
Secure Page Sign-In
Ensuring the security of your personal information is important to us. When you sign in to Online Banking on our home page, your User Name and Password are secure. The moment you click the Log In button, we encrypt your user name and password using Secure Sockets Layer (SSL) technology.
Browser Security Indicators
You may notice when you are on our home page that some familiar indicators do not appear in your browser to confirm the entire page is secure. Those indicators include the small "lock" icon in the bottom right corner of the browser frame and the "s" in the Web address bar (for example, "https").
To provide the fast access to our home page, we have made signing in to Online Banking secure without making the entire page secure. You can be assured that your ID and password are secure and that only Central National Bank has access to them.
Centralnational.com is SSL-Encypted
Secure Socket Layer (SSL) technology secretly encodes (encrypts data) information that is being sent over the Internet between your computer and Central National Bank, helping to ensure that the information remains confidential.