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Overview
Personal bank accounts come in all sizes, shapes and descriptions. Everybody needs at least one, and usually several over the course of a lifetime. They are essential and, at their very best, are seamless and uncomplicated.
At Citizens Bank it is our goal to be every customer’s “bank for life.” We’re aware that people move away and so we suffer some inevitable goodbyes. But short of making you promise to stay in town, we guarantee that we will do everything we can to always deserve your business.
Personal Checking Accounts
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FREE Online Banking. |
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FREE Personal Online Bill Pay. |
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ATM and VISA Check Cards now accepted Free of Charge at 614,000 Bank ATMs worldwide. |
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There is no charge at a Citizens Bank ATM, and we will reimburse you for all fees charged at other bank ATM locations when you periodically call or write to inform us of the total you paid. |
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For customers who wish to receive check images in their monthly statements, the following fees will apply: Personal Accounts: $2.00 per month.
(May be waived with average balances of $10,000) |
Budget Checking Account
| Description |
This account is perfect for those who have low account activitiy and want a low monthly service fee account with no minimum balance required. |
| Minimum Balance Requirement |
None |
| Monthly Maintenance Charge |
$7.00 for the statement cycle. |
| Minimum Opening Balance |
$100.00 |
| Includes |
10 debit transactions during a monthly statement cycle. For each additional debit, a fee of $0.50 will be charged. (Debit transactions include withdrawal, check paid, automatic transfer or payment out of record.) ATM, Visa Check Card, and Free Online Banking. |
Personal Checking Account
| Description |
This account is perfect for those who maintain a low minimum balance in their checking account. |
| Minimum Balance Requirement |
Maintain a minimum daily balance of $1,000.00 for every day of the statement cycle |
| Monthly Maintenance Charge |
| Maintain a minimum daily balance of $1,000.00 for every day of the statement cycle. No Charge. |
| If you drop below the minimum balance requirement stated above: $12.00 for the statement cycle |
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| Minimum Opening Balance |
$100.00 |
| Includes |
Unlimited checks, deposits, service in our Branches or via telephone, ATM, VISA Check Card, Free Online Banking, Free and Unlimited Bill Pay. |
Citizens Direct Account
| Description |
This account is perfect for those who establish direct deposit. |
| Minimum Balance Requirement |
Must have direct deposit. |
| Monthly Maintenance Charge |
No charge |
| Minimum Opening Balance |
$100.00 |
| Includes |
Unlimited checks, deposits, service in our Branches or via telephone. ATM, VISA Check Card, Free Online Banking, Free and Unlimited Bill Pay. |
Personal Interest Checking Account
| Description |
This account is perfect for those who maintain a lower balance in their checking account; this account pays interest on the account balance. |
| Minimum Balance Requirement |
Maintain a minimum daily balance of $2,500.00 for every day of the statement cycle or a combined balance with any other type of personal account of $7,500.00. No charge. |
| Monthly Maintenance Charge |
| If you drop below the minimum balance requirement stated above: $10.00 for the statement cycle |
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| Minimum Opening Balance |
$100.00 |
| Includes |
Unlimited checks, deposits, service in our Branches or via telephone, ATM, VISA Check Card, Free Online Banking, Free and Unlimited Bill Pay. |
Tiered Interest Checking Account
| Description |
This account is perfect for those who maintain a higher balance in their checking account; this account pays interest on the account balance and the interest rate is tiered. |
| Minimum Balance Requirement |
Maintain a minimum daily balance of $25,000.00 for every day of the statement cycle. |
| Monthly Maintenance Charge |
$25.00 for the statement cycle, if you drop below the minimum daily balance requirement stated above. |
| Minimum Opening Balance |
$100.00 |
| Includes |
Includes: Unlimited checks, deposits, service in our Branches or via telephone, ATM, VISA Platinum Check Card, Free Citizens Bank branded checks for the life of the account, Free Online Banking, Free and Unlimited Bill Pay, higher Point-of-Sale and ATM limits. |
Senior Interest Checking Account
| Description |
This account is for all who are age 50 and over. |
| Minimum Balance Requirement to Earn Interest |
Maintain a minimum daily balance of $500.00 for every day of the statement cycle. If you drop below the minimum balance requirement stated above, no interest will be earned in that day. |
| Monthly Maintenance Charge |
No Charge |
| Minimum Opening Balance |
$100.00 |
| Includes |
Includes: Unlimited checks, deposits, service in our Branches or via telephone, ATM, VISA Check Card, Free Online Banking, Free and Unlimited Bill Pay, Free Citizens Bank branded checks for the life of the account. |
Personal Savings Accounts
Personal Savings Account
| Minimum Balance Requirement |
Maintain a minimum daily balance of $300.00 for every day of the statement cycle |
| Monthly Maintenance Charge |
If you drop below the minimum balance requirement stated above: $3.00 for the statement cycle |
| Minimum Opening Balance |
$200.00 |
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An excessive withdrawal fee of $3.00 will be charged for each debit transaction (withdrawal, automatic transfer or payment out of this account) in excess of 6 during a statement cycle. |
| Includes |
Service in our Branches or via telephone, and Free Online Banking. |
Money Market Savings
| Minimum Balance Requirement |
Maintain a minimum daily balance of $2,500.00 for every day of the statement cycle |
| Monthly Maintenance Charge |
If you drop below the minimum balance requirement stated above: $10.00 for the statement cycle |
| Minimum Opening Balance |
$1,000.00 |
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An excessive withdrawal fee of $5.00 will be charged for each debit transaction (withdrawal, automatic transfer or payment out of this account) in excess of 6 during a statement cycle. |
| Includes |
Service in our Branches or via telephone, and Free Online Banking. |
Minor Savings Account
| Minimum Balance Requirement |
No minimum balance requirement |
| Monthly Maintenance Charge |
No Monthly Maintenance Charge |
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An excessive withdrawal fee of $3.00 will be charged for each debit transaction (withdrawal, automatic transfer or payment out of this account) in excess of 6 during a statement cycle. |
| Includes |
Service in our Branches or via telephone, and Free Online Banking. |
Christmas Club Account
Christmas Club Accounts
are special purpose accounts. Deposits are made by automatic transfer or at our branches. Another Citizens Bank deposit account is required. The account is limited to one annual disbursement/withdrawal in November of each year.
| Minimum Balance Requirement |
No minimum balance requirement |
| Minimum Opening Balance |
$10.00 |
| Monthly Maintenance Charge |
No Monthly Maintenance Charge |
| Includes |
Service in our Branches or via telephone, and Free Online Banking. |
Regarding Interest
Interest accrues from the first day we receive credit for the items you deposit. Interest is paid monthly. We reserve the right to require at any time a written notice 7 days before each withdrawal from an interest-bearing account, which includes demand accounts and savings accounts, but does not include time deposit accounts. We will notify you if our decision to exercise this right pertains to your account(s).
Sub-accounts - For regulatory and accounting purposes, your checking account is divided into two subaccounts: a transaction subaccount and a non interest bearing money market subaccount. These subaccounts are treated as a single account - the Checking Account - for purposes of minimum balance requirements, fees and charges, and account access. Your account statement and other records of your account activity (e.g., ATM receipts) will reflect this account as a single account and will not reflect the subaccounts or transfer between the subaccounts in any way. You will have no direct access to the money market subaccount; you may access this subaccount only indirectly through transactions on your checking subaccount, as described below.
Whenever your transaction subaccount balance exceeds a threshold amount, we may transfer all funds in excess of that amount into the money market subaccount. As transactions post to the transaction subaccount reducing the transaction subaccount balance below zero, we will transfer funds back into the transaction subaccount from the money market subaccount. We may make up to six such transfers from the money market subaccount into the transaction subaccount per monthly statement period.
Upon the sixth such transfer in a monthly statement period, we will transfer the entire balance in the money market subaccount back to the transaction subaccount. We may repeat this process each monthly statement period. We set the transaction account balance threshold at our discretion and may change it at any time.
Effective 2/5/07
Consumer Loans
We offer a variety of personal loans to meet your needs.
Automobile
Picture yourself behind the wheel of a brand new car or truck. Citizens Bank offers competitive rates, flexible terms, and personal hands-on service to help you secure the appropriate loan.
Personal Loans or Lines of Credit
Personal loans or lines of credit can provide you with the means to attend college or purchase the tools needed for other types of improvement. Citizens Bank offers both secured and unsecured versions.
Overdraft Protection
It’s easy to protect yourself from overdraft fees if your income fluctuates from month to month. It's easy to set up automatic transfers to your checking account from your Cash Reserve line.
Credit Card
Use your Citizens Bank Credit Card for emergency purchases, costs while traveling, or shopping online.
Other Products and Services
Health Savings Accounts
A Citizens Bank Health Savings Account is a great way to save for medical expenses, while taking advantage of the tax benefits. A Health Savings Account is coupled with a High Deductible Health Plan which can be secured through an insurance carrier. More information
Safe Deposit Boxes
Citizens Bank branch vaults offer you the safety and protection you simply can’t match in your home. Your valuables are easily accessible at your convenience in facilities that ensure your complete privacy.
Cashier’s Checks
When you need to pay large sums of money, this type of check offers the maximum safety and is readily accepted.
Wire Transfers
If you need to transfer funds immediately, Citizens Bank offers wire transfer services to domestic and international banks.
Night Drop Deposit Services
When you’re unable to stop by a branch during our open hours, Citizens Bank provides a secure night drop service. No key is needed and no fees are assessed.
Linked Overdraft Protection
You’ll appreciate the variety of ways we protect your checking account from becoming overdrawn. You can set up automatic overdraft transfers from a savings account, another checking account, or from a personal line of credit.
Certificates of Deposit (CD)
We offer automatically renewable and fixed term certificates with fixed rates and a choice of terms.
IRAs
We offer traditional IRAs, ROTH IRAs, and Coverdell
Education Savings Accounts.
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