• Individual Retirement Accounts
• Passbook Savings
• Money Market Deposit Account
• Cradle to College
• Checking Now Accounts
• Health Savings Accounts
• Checking
• Re-Order Checks

Individual Retirement Accounts

At Citizens State Bank we want to help you save for your retirement.

Types: Regular, ROTH, & SEPS, Educational, and Medical

• Interest bearing.
• 6, 12, 18, 24 or 60 month Fixed Rate. Let us design your IRA.
• Interest rate will not change for the term of the account.
• Minimum opening balance $ 2500.00.
• Interest compounded semi-annually and credited to the account semi-annually.
• Automatically renew.
• Subject to penalty for early withdraw.
• Daily balance to calculate interest.
• Interest begins to accrue on the business day you deposit non-cash items (for example checks).
• There will be a $50.00 charge to close or transfer an IRA.
• Any withdrawals shall be subject to applicable tax and other laws and regulations including possible early withdrawal penalties and withholding requirements.
• APY assumes the interest will remain on deposit until maturity.

Passbook Savings

• Minimum opening deposit $100.00.
• Daily balance method used to calculate interest.
• Interest compounded and credited to the account semi-annually.
• Interest begins to accrue on the business day you deposit non-cash items (for example checks).
• Six transfers per month allowed by preauthorized automatic transfers, telephone transfers, checks, drafts, debit card or similar order by depositor to third parties.
• Transfers and withdrawals made in person, by mail, messenger, or ATM are unlimited.
• There will be a $3.00 service charge to the account if the daily balance drops below $100.00.
• Interest rate may change at any time.
• APY assumes that interest will remain on deposit until maturity.
• Call for Current Rates.
• Excessive Withdrawal Fee $10.00 per month
• Environmental Fee $5.50 per statement cycle for paper statements

Money Market Deposit Account

• Interest Bearing Savings Account.
• Minimum opening deposit $5,000.00.
• Daily balance method used to calculate interest.
• Interest rate can change at any time.
• Interest compounded and credited to the account monthly.
• Interest begins to accrue on the business day you deposit non-cash items (for example checks).
• Six transfers per month allowed by preauthorized automatic transfers, telephone transfers, checks, drafts, debit card or similar order by depositor to third parties.
• Transfers or withdrawals made in person, by messenger, by mail or at an ATM are unlimited.
• If the daily balance drops below $5,000.00 the interest rate paid on the entire balance in the account will drop to the current passbook rate.
• If balance drops below $5,000.00 on any day of the month, there will be a $3.00 monthly service charge.
• Call for Current Rates.
• Excessive Withdrawal Fee $10.00 per month
• Environmental Fee $5.50 per statement cycle for paper statements

Cradle to College

Everyone knows college is expensive. We want to help you give your children the best possible chance to further their education.

• Interest bearing Educational savings account.
• Interest rate on the account is based on the current rate on C.S.B. one year certificate of deposits.
• Minimum opening deposit $50.00.
• Interest compounded and credited to the account quarterly.
• Interest rate may change at bank's discretion.
• Call for current rates.
• Interest begins to accrue on the business day you deposit non-cash items (for example checks).
• Daily balance method used to calculate interest.
• NO WITHDRAWALS WILL BE PERMITTED. If the account is closed before the child's 18th birthday, a penalty of accrued interest plus 180 days interest will be assessed.
• If the account is closed before the accrued interest is paid, the accrued interest may be lost.
• APY assumes that interest will remain on deposity until maturity.
• Environmental Fee $5.50 per statement cycle for paper statements

Checking Now Accounts

This checking account is for those with larger balances that would like to draw interest.

• Minimum opening deposit $2,500.00.
• Unlimited check writing.
• No Service Charge if the balance stays above $2,500.00. If the balance drops below $2,500.00 the Service Charge is $ 10.00 per month.
• Interest rate may change at any time.
• Interest will be compounded monthly and is added to the account monthly.
• Interest begins to accrue on the business day you deposit non-cash items (for example checks).
• Daily Balance Method used to calculate interest.
• Eligible customers are Individuals and Sole Proprietors; Non-Profit Organizations or Government Agency.
• Call for Current Rates.
• Interest rate is subject to change at the bank's discretion.
• If the account is closed before interest is credited to the account, the interest will be paid.
• Environmental Fee $5.50 per statement cycle for paper statements

Health Savings Accounts

A Health Savings Account (HSA) is a savings account with a tax benefit that is used exclusively for the purpose of paying or reimbursing qualified medical expenses of the account owner, spouse, and/or dependents. HSAs enable you to pay for the current health expenses while saving for future qualified medical expenses.

• To qualify, you must be covered under a High Deductible Health Plan (HDHP)
• The account will be used for qualified medical expenses as allowed by specified regulations.
• You notify us when you are no longer eligible to maintain the account.
• Minimum opening balance $100.00.
• Account opening fee $15.00.
• Interest will be compounded monthly and added to the account monthly.
• Interest begins to accrue on the business day you deposit noncash items (for example checks).
• If the balance drops below $100.00 at any time during the month, there will be a $3.00 per month service charge.
• There will be a $25.00 charge to transfer or close an HSA.
• Regular Checking account fees apply to this account.
• Call for current rates.
• Environmental Fee $5.50 per statement cycle for paper statements

Consult your tax advisor regarding IRS treatment of contributions, withdrawals, and earnings.

Checking

We have several different types of checking accounts to meet the needs of all our customers.

Regular Checking

• Minimum opening deposit $100.00
• Monthly Statement with Images.
• Unlimited check writing.


Service Charges


• No Service Charge if balance is over $850.00. If balance goes below $850.00 at any time during the month, the charge will be $7.50 a month.

Business Checking

• Minimum opening deposit $200.00.
• Monthly maintenance fee of $ 10.00.
• Unlimited check writing.
• Monthly Statement with Images.

Green Checking

• Minimum opening deposit $100.00.
• Unlimited check writing.
• No Monthly Service Charge.
• Monthly Statement without Check Images

Senior Checking (Reserved for 55 years or older)

• Minimum opening deposit $100.00.
• Unlimited check writing.
• No Service Charge.
• Monthly Statement with Images.

Account Fees

Re-Order Checks

• To Re-Order checks through Deluxe please access their website by clicking the link below. Be sure to have your Routing/Transit Number, Account Number, and Next Starting Check Number handy.





• To Re-Order checks through Main Street Checks please access their website by clicking the link below. Be sure to have your Routing/Transit Number, Account Number, and Next Starting Check Number handy.

Contact Information