Federal Deposit Insurance Corporation - FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Federal Deposit Insurance Corporation - FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Citizens Bank savings accounts offer a variety of ways to save money, allowing you to build your savings in the way that best fits your financial goals and lifestyle. Whether you are looking for a competitive interest rate, helping the kids get started, or saving for a dream vacation or magical Christmas, our savings accounts will help you to be ready for both the exciting and unexpected events in your life or business.
[1] All deposits made to this account must be an automatic transfer from an existing checking or savings accout held at Citizens Bank.
[2] Activity is reported in your checking or savings account statement. No separate statements will be mailed for this account type.
[3] Based on a 50 week club year: To earn the 50th payment bonus, 49 payments must be made by the end of the club year by automatic transfer.
[4] For Christmas Club accounts, no withdrawals are permitted before October each year, or the account is subject to being closed.
[5] Principal and bonus payment will be paid at the end of the club year by automatic transfer to the checking or savings account you have designated.
[6] For Vacation Club accounts, no withdrawals are permitted during the club year. Principal and bonus payment will be paid by automatic transfer at end of club year.
[7] Other fees may apply. See fee schedule for details.
[8] At our discretion, we may change the interest rate on your account at any time.
[9] A service charge of $5.00 will be imposed every month if the balance in the account falls below $100.00 any day of the month.
[10] You must maintain a minimum balance of $50.00 in the account each day to obtain the disclosed annual percentage yield.
[11] An account is considered Dormant if for 3 years you have made no deposits or withdrawals to the account. If the account is dormant and the balance is $500 or less, then a Dormant Account Charge of $5.00 will be charged every statement cycle.
[12] A service charge of $5.00 will be imposed every month after the account holder turns 18 if the balance in the account falls below $100.00 any day of the month.
[13] You must maintain a minimum balance of $0.01 in the account each day to obtain the disclosed annual percentage yield.
[14] If you close your account before interest is credited, you will receive the accrued interest.
[15] To earn the bonus you must present your report card to any CSR for validation of grades received. The Grade Incentive Bonus will only be paid for the current grading period at the time the report card is presented. We will not pay for any previous grading periods. We will only pay the Grade Incentive Bonus through the 12th grade.
[16] The interest rate and annual percentage yield for your account depend upon the applicable rate tier. The interest rate and annual percentage yield for these tiers may change.
[17] A service charge of $10.00 will be imposed every statement cycle if the balance in the account falls below $2,500.00 any day of the statement cycle.
[18] You must maintain a minimum balance of $2,500.00 in the account each day to obtain the disclosed annual percentage yield.
[19] During any statement cycle , you may not make more than 6 withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party. Any account that exceeds 6 automatic withdrawals per statement cycle may be subject to closure. An Excess Debit Charge of $7.50 will be charged for each withdrawal in excess of 6 per statement cycle.
