When it comes to saving for the future, your goals are unique. At Citizens Financial Bank, we offer a variety of savings and investment options for today’s lifestyles. Because that’s what true neighborhood banking is all about.
SAVINGS OPTIONS
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Free with the following Citizens Savings Accounts
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Telephone Banking |
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Online Banking |
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Citizens Check Card (Checking Account Required) |
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Direct Deposit |
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Savings Calculators
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Statement / Passbook Savings |
Early Investors |
Money Market |
Premier Money Market |
| Minimum Opening Deposit |
$50 |
$0 |
$50 |
$50 |
| Minimum Balance |
$200 Minimum daily balance |
$0 |
$1,000 average monthly balance |
$10,000 average monthly balance |
| Monthly Service Fee |
$3 monthly service fee if below $200 minimum - Waived for the first two months |
No monthly service fee |
$10 service fee - Waived with $1,000 average monthly balance |
$25 service fee - Waived with $10,000 average monthly balance |
| Earn Interest |
Tiered Variable Rate with minimum balance requirement |
Earns a variable interest rate on the entire balance |
Tiered variable interest rate with minimum balance required |
Tiered PREMIUM variable rate of interest |
| FREE Check Card Point of Sales Transactions |
Yes |
Yes (parental consent required) |
Yes |
Yes |
| Free Check Card Transactions at Citizens ATMs |
Yes |
Yes (parental consent required) |
Yes |
Yes |
| FREE Non-Citizens ATM Transactions |
No |
No |
No |
No |
| Additional Benefits |
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- Free gift for opening an account
- Academic Achievement rewards |
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- Free Traveler's Cheques
- Free Cashier's Checks
- Free Money Orders
- 50% Safe Box Discount
- Free first order of Citizens Checks |
| More Features |
Learn More |
Learn More |
Learn More |
Learn More |
ADDITIONAL SAVINGS PRODUCTS
Christmas Club accounts
Open a Christmas Savings Account and make saving for the holidays easy and convenient. This account has no monthly service fees and earns a variable rate of interest.
CDs - Certificates of Deposit
Citizens offers a wide range of maturities on Certificate of Deposit accounts to help you maximize your investment dollars.
IRAs - Individual Retirement Accounts
Citizens offers Traditional and Roth IRA accounts as a retirement investment. IRA accounts are designed to help individuals save money for a financially secured future. We offer a variety of variable and fixed rate products to meet your financial needs.
The Coverdell Education Savings account, previously called the Education IRA, allows you to save for a child's future. This type of vehicle offers tax-free earnings and withdrawals if used for qualified educational purposes.
Health Savings Accounts (HSAs)
If you have a High Deductible Health Plan (HDHP) then a Citizens Health Savings Account may be the perfect fit for you. An HSA is an account where tax-free contributions can be made and set aside to pay for current and future qualified medical expenses.
