Savings Accounts

 

A savings account is the first step towards a sound financial plan.

We offer secure, simple, and accessible savings options. Additionally, you could utilize services such as the Direct Deposit, Telebanking, Sweep Transfers and Remote Banking to make keeping track of your savings and finances easier in our Related Services section.

 

Regular Savings

• The account that has highly competitive interest rates and a low minimum balance requirement.
• Minimum opening balance $3,000.00
• Competitive interest accrues on the minimum quarterly balance and credited twice yearly.
• You could make deposits, withdrawals and transfers from any Citizens Bank ATM … 24-hour banking
• Access to the Telebanking service.
• Monthly bank statements.

 

Jackpot Savings

Benefit from the chances of adding cash to your balance by being part of the Jackpot prize giveaways. Win big cash prizes in the Jackpot “win it all” competition. Every additional $10,000.00 saved gives you an extra chance to win. Interest rates are competitive.

• Minimum opening balance $10,000.00
• Interest accrues on the minimum quarterly balance and credited twice yearly.
• You could make deposits, withdrawals, and transfers at any Citizens Bank ATM…24-hour banking
• Monthly bank statements.
• For the convenience in managing your finances, utilize the following related services.
• Direct Deposit
• Telebanking

 

Excel Savings

Benefit from the security of a savings account with highly competitive interest rates and low balance requirements. This account lays the groundwork for a stable financial plan.

• Minimum opening balance $200,000.00
• Competitive interest accrues on the minimum monthly balance and credited quarterly.
• You could make deposits, withdrawals, and transfers at any Citizens Bank ATM…24-hour banking
• Monthly bank statements.

Add even more convenience in managing your finances when you select these services with your Excel Savings account.

• Direct Deposit
• Telebanking

 

Golden Grand

This is a hassle free savings account especially for the Senior Citizen. Enjoy the no charge benefit of this account, an interest rate that is highly competitive.

• Minimum opening balance of $1,000.00.
• Interest rate at ½% above the Regular Savings rate on the minimum quarterly balance and credited twice yearly.
• No monthly service charge applied.
• No charge on travelers’ cheques, drafts, or transfers.
• Monthly interest paid of Certificate of Deposits if requested.
• Personal greeting cards on special occasions.
• You could make deposits, withdrawals, and transfers from any Citizens Bank ATM…24-hour banking

For the convenience in managing your finances, utilize the following related services.

• Direct Deposit
• Telebanking

 

Money Market Account

Earn interest on your balances without giving up access to your money. Benefit is derived from highly competitive interest rates and the convenience of the Sweep transfer service; so, your money works as hard as you do.

• Minimum opening balance $1,000,000.00
• Interest accrues on daily collected balances over $1,000,000.00 and credited monthly.
• You can even set up automatic transfers (Sweep Transfer) to your cheque account to cover any overdrawn balances.
• You could make deposits, withdrawals, and transfers from any Citizens Bank ATM…24-hour banking.
• Monthly bank statements.

The Money Market account is ideal for the small business investor if:

• You have a low tolerance for risking money to make money
• Your business experiences seasonal cash flow
• You have excess cash to invest

Add even more convenience in managing your finances when you select the following related services with your Money Market account.

• Direct Deposit
• Telebanking
• Remote Banking

 

Junior Savers Account

This is an account that grows up with your kids. It is the perfect gift for children up to 17 years old. In addition, the Citizens Junior Savers teach children the value of saving, budgeting and keeping track of their own money.

• You can start this account with as little as $1,000.00.
• A $100.00 and a gift bonus immediately on opening the account.
• Interest rate at ½% above the regular savings rate on minimum quarterly balance and credited twice yearly.
• No service charge.
• Monthly bank statements.
• Savings incentives are given free from time to time. These may be school kits or book awards.

 

Certificate of Deposit

• The interest rate is negotiable and allows you to enjoy predictable earnings and a stable principal.
• Competitive market rates.
• Low minimum deposit of $50,000.00 available.
• Available choice of maturity.
• A higher interest rate paid on larger investments.
• Short term CDs are an ideal place to put your money while exploring other possible investments.
• Investment is automatically renewable for your convenience.
• Penalty for early withdrawal.