Rates

Rates for Citizens State Bank effective as of April 1, 2020.

Rates Subject to change without notice.

Certificates of Deposit*

Term Length Rate Annual Percentage Yield**
Minimum Opening Deposit


3 Month 0.20% 0.20% $1,000

6 Month 0.50% 0.50% $1,000

12 Month 1.00% 1.00% $1,000

18 Month 1.05% 1.06% $1,000

24 Month 1.10% 1.11% $1,000

36 Month 1.10% 1.11% $1,000

48 Month 1.10% 1.11% $1,000

 

Jumbo Certificates of Deposit*

Term Length Rate Annual Percentage Yield**
Minimum Opening Deposit


3 Month 0.30% 0.30% $100,000

6 Month 0.60% 0.60% $100,000

12 Month 1.10% 1.11% $100,000

18 Month 1.15%
1.16% $100,000

24 Month 1.20% 1.21% $100,000

36 Month 1.20% 1.21% $100,000

48 Month 1.20% 1.21% $100,000

*A penalty may be imposed for early withdrawal.

**The Annual Percentage Yield is paid on all balances.

NOW Account

Fees could affect earnings on account
This is a variable rate account; rate(s) and APY(s) may change after account is opened.
Rate Annual Percentage Yield Minimum Opening Deposit Minimum To Obtain Yield
0.15% 0.15% $100 $0.01

 

PREFERRED INVESTMENT ACCOUNT

Fees could affect earnings on account
This is a variable rate account; rate(s) and APY(s) may change after account is opened. You must maintain a minimum daily balance of $1,000 to obtain disclosed annual percentage yield.
Deposit Amount Rate Annual Percentage Yield Minimum to Obtain Yield
$1,000 - $24,999.99 0.10% 0.10% $1,000
$25,000 - $49,999.99 0.15% 0.15% $25,000
$50,000 - $99,999.99 0.35% 0.35% $50,000
$100,000 - $249,999.99 0.50% 0.50% $100,000
$250,000 and above 0.55% 0.55% $250,000

 

SAVINGS ACCOUNT

Fees could affect earnings on account
This is a variable rate account; rate(s) and APY(s) may change after account is opened.
Minimum Opening Deposit Rate Annual Percentage Yield Minimum To Obtain Yield
$100 0.50% 0.50% $0.01

 

HEALTH SAVINGS ACCOUNT

Fees could affect earnings on account
This is a variable rate account; rate(s) and APY(s) may change after account is opened.
Deposit Amount Rate Annual Percentage Yield Minimum to Obtain Yield
$0.01 - $4,999.99 0.10% 0.10% $0.01
$5,000 - $9,999.99 0.30% 0.30% $5,000
$10,000 and above 0.40% 0.40% $10,000

 

IRA ACCOUNT

Fees could affect earnings on account
This is a variable rate account; rate(s) and APY(s) may change after account is opened.
Interest Rate Annual Percentage Yield Minimum To Open Minimum To Obtain Yield
1.70% 1.71% $100 $0.01

 

Deposit Insurance

Learn how deposit insurance works at the FDIC Insurance Coverage web page.