Personal Savings Accounts


Savings Account

Are you wanting to stash some money away for a rainy day? This may be the option for you! If you are under age 18, a full-time student age 23 or younger or in the military, we help you out by waiving the minimum account balance.

Summary

  • $200 minimum balance (waived for minors, full-time students 23 or younger, or those in the military)
  • $4.00 monthly service charge if account falls below $200
  • Free Mobile Banking
  • Earns interest when minimum average daily balance of $200 is maintained.
  • May withdraw money six times a monthly cycle with no fee.

EZ Saver

Need help saving for a rainy day or maybe a special vacation or other occasion? Have at least $10 transferred automatically each month from any of your Citizens Bank checking accounts to this account. Some people do it each paycheck, you decide. It’s a great way to watch the balance grow over time and have the funds there when you need them!

Summary

  • Have at least $10 a month transferred automatically from your checking account
  • $50 minimum balance
  • $4.00 monthly service charge if account balance falls below $50
  • Free Mobile Banking
  • Earns interest when minimum average daily balance of $50 is maintained.
  • May withdraw money six times a monthly cycle with no fee.

Money Market Account

Have a higher balance of money to save but want access to it whenever needed? Our money market account may be just what you need!

Summary

  • Funds are available anytime
  • $2000 minimum balance
  • Interest earned on account balance
  • $10 (plus tax) service charge if balance goes below $2000 during the month
  • Free Mobile Banking
  • May withdraw money six times a monthly cycle with no fee.

Time Certificates

Looking for a better rate of return on your money? Open a time certificate here with as little as $1000. You decide how long you’d like to invest it for. Generally the longer term earns a higher rate of interest. There may be a substantial penalty for early withdrawal.

Summary

  • $1000 minimum deposit
  • Interest Rates and Annual Percentage Yields vary with amount invested
  • Maturity terms range from 90 days to 60 months
  • Interest compounded semi-annually and may be paid to the account, paid by check or deposited to a Citizens Bank checking or savings account

Individual Retirement Account (IRA)

It’s never too early to start planning for the future. Start building toward a better tomorrow by opening an IRA today.

Summary

  • Favorable interest rate
  • Traditional and Roth plans available
  • No annual fee
  • No maturity term
  • FDIC insured