Savings Accounts

Rates are subject to the discretion of Citizens State Bank. Interest will not be paid on interest-bearing accounts if the account is closed before the date interest is to be paid. Please stop by your nearest location or contact one of our friendly Customer Service Representatives for current rate information and disclosures. Open your account today!

*SAVINGS ACCOUNTS
There is a $25.00 minimum deposit required to open a savings account.  Interest is paid quarterly.  Please contact a Customer Service Representative for terms and conditions that may apply.

  Service Charge
Up to 2 withdrawals per month No Service Charge
Over 2 withdrawals per month $1.00 each

Federal regulations prohibits more than six (6) preauthorized transfers per month. In person withdrawals are unlimited.

Statements are cycled monthly on Savings Accounts with ATM, ACH and any electronic activity.
(ATM- Automated Teller Machine/ ACH- Automated Clearing House)
All other statements are cycled semi-annually (June 30th and December 31st.)

*MONEY MARKET DEPOSIT ACCOUNTS

Daily Balance Annual Percentage Yield
$0-$2499.99    0%
$2500.00-$99,999.99   .15%
$100,000.00-$249,999.99   .20%
$250,000.00-$999,999.99   .30%
$1,000,000.00+   .40%

The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account monthly. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded monthly and will be credited to the account monthly. If the account is closed before interest is credited, you will not receive the accrued interest. We use the daily balance method to calculate the interest on the account. The method applies a daily periodic rate to the principal in the account each day.

If the daily balance is less than $2500.00 the account will not bear interest. If the daily balance is less than $100,000.00 but greater than $2500.00, the interest rate paid on the entire balance in the account will be .15%, with an annual percentage yield of .15%. If the daily balance is less than $250,000.00 but greater than $100,000.00, the interest rate paid on the entire balance in the account will be .20%, with an annual percentage yield of .20%. If the daily balance is less than $1,000,000.00, but greater than $250,000.00, the interest rate paid on the entire balance in the account will be .30%, with an annual percentage yield of .30%. If the daily balance is $1,000,000.00 or greater, the interest paid on the entire balance in the account will be .40%, with an annual percentage yield of .40%.

Daily Balance Service Charge
$2,500 + No Service Charge
Below $2,500 $10.00 each month
Up to 6 withdrawals per month No Service Charge
Over 6 withdrawals per month $15.00 each

Federal regulations prohibits more than Six (6) preauthorized transfers per month-six of which may be made by check.
Monthly Statement Cycles for Money Market Deposit Accounts (according to your last name):

A to C: >5th
D to H: 10th
I to M: 15th
N to R: 20th
S to Z: 25th

HEALTH SAVINGS ACCOUNTS
There is a $100.00 minimum deposit required to open a Health Savings Account and $25.00 Health Savings Account closing fee. 
Interest Paid Quarterly. 
No Minimum Balance
No Transaction Fees
Free Visa Check Card
Statement Cycled Monthly 
Please contact a Customer Service Representative for terms and conditions that may apply.