Savings Accounts
Regular Savings
For most, a lifetime of savings usually starts with a regular savings account. At Citizens State Bank, we make this start easy.
- $50.00 minimum balance
- No minimum balance requirements for Students (18 and under) and Senior Citizens (62 and older)
- Maintain a $50 daily balance to avoid a $3.00 monthly service charge
- Free access to Internet Banking
- Free access to Bill Pay
- Free VISA Debit Card
- Free use of Citizens State Bank ATM w/ VISA Debit Card
Money Market
If you want a higher rate of interest on your savings yet want your funds readily available, you will want to consider our Money Market Account.
Interest rates are tiered. Your interest rate and annual percentage yield may change.
- $2,500.00 minimum balance
- Free access to Internet Banking
- Free access to Bill Pay
- Free VISA Debit Card
- Free use of Citizens State Bank ATM w/ VISA Debit Card
- Make up to six transfers per month.
Certificate of Deposit
When considering how to invest long-term type funds, you will want to consider certificates of deposit. The no-risk investment opportunity that pays you high dividends on your savings. You agree to leave your deposit for a specific period of time, and we agree to pay you a guaranteed rate of interest for the entire period of time (or term). All certificates are subject to early withdrawal penalty. Citizens State Bank Certificates of Deposit come in a variety of terms and yields to fit the needs of all customers.
- Low minimum balances - starting as low as $100
- Wide range of maturity options - from three months to five years
- Automatic renewals
- Interest can be compounded, paid by check, or credited to an account.
Individual Retirement Accounts (IRAs)
Some financial institutions charge a fee for you to have an IRA with them. Not us! When you open an IRA with us, there are no fees or service charges. Every dollar you invest goes toward your retirement.
An IRA is a tax-sheltered program for your future security. We offer a variable rate IRA with a minimum opening deposit of $100.
You can make deposits weekly, monthly, or all at one time. No fixed contribution is required. You decide how much to save each year. Interest rate are adjusted quarterly.
