|Savings Accounts||Regular Savings||Green Thumb Savings**||Christmas Club||Money Market Account ||Premium Interest Money Market Account
|Minimum Opening Deposit||$0||$50.00||$1||$2,500 ||$0|
|Transaction Limit||6 per calendar quarter, $0.50 per withdrawal over six. See further detail for restrictions.||6 per calendar quarter, $2 per withdrawal over six. See further detail for restrictions.||No early withdrawals permitted. ||6 free debits per month, $10 monthly change if debits exceed 6. See details under account description for restrictions. ||6 debits per month.|
|Minimum ledger balance needed to avoid Quarterly Service Charge||$100.00||$50.00||None||$2,500 ||$0|
|Quarterly Service Charge||$3.00||$10.00||None||$10 ||$0|
**Checking account required to earn premium interest rate.
See Rates for current rate offerings.
Savings Accounts are considered dormant when there has been no activity for 12 months. Once dormant, the account is charged $5.00 per month if balance is less than $1,000.
Federal regulations limit the number of withdrawals and/or transfers that may be made from a savings account by telephone/PC transfer, pre-authorized transfer, check or debit card. You are limited to six withdrawals and/or transfers from your savings account each month by pre-authorized transfer or telephone/PC transfer, including bill payments. And, if the account permits, transfers by check or debit card. Regardless of the type of transaction, there is a $2 charge for each withdrawal over six (6) for the Green Thumb Savings and a $0.50 charge for each withdrawal over six (6) for the Regular Savings.
Regular Savings Account
Required minimum to open: $0.
Minimum balance to avoid a service charge: $100.
Service Charge per each withdrawal in excess of six (6) per calendar quarter including electronic withdrawal is $0.50.
Service charge is $3 if you fall below the minimum balance in a quarter.
Green Thumb Savings**Must maintain a checking account with Citizens Bank to obtain the premium interest rate.
Required opening deposit amount: $50.
Required minimum ledger balance: $50.
Below the required minimum, there is a quarterly service charge of $10.
Service Charge per each withdrawal in excess of six (6) per calendar quarter including electronic withdrawal is $2.
Premium Interest Rate paid.
Quarterly Interest transferred to checking account.
Combined Statements with checking account give you a collective view of your accounts.
Automatic deduction from checking or savings deposits can be made in any increment.
Account number remains the same from year to year.
Simple interest is credited to the account annually.
No early withdrawals permitted.
Money Market Account
Available to sole proprietorships, individuals and non-profit organizations.
Six debits per month. $10 monthly change if debits exceed 6.
No service charge on those accounts with a minimum balance of $2,500 or more.
A $10 monthly service charge will be accessed on those accounts below the minimum.
Rates are paid on a tiered basis.
Premium Interest Money Market Account
Available to businesses, individuals and non-profit organizations.
Six withdrawals per month.
No monthly service charge.
No minimum balance.
Rates are paid on a tiered basis.
Certificates of Deposit and Individual Retirement Accounts
Terms from 3 months to 60 months.
There are penalties for early withdrawal.
See rates on offered products.