A long-term CD at Citizens Access will receive a penalty of 180 days of interest on the CD balance if there is an early withdrawal. American Express National Bank: 6 months – 5 years, 0.10% APY –. Totally free bingo. Citizens Bank Deposit Account Interest Rates As of March 1, 2021. Type of Deposit Minimum Opening Deposit. CD - 91 days: $500: None: 3/6/20: 0.01%: 0.01%: CD.
The longer the term, the higher rate you receive. Interest is compounded and credited quarterly at maturity. Terms from 3 months to 5 years. Early withdrawal will result in a penalty on earnings 1. $250,000 & Over. Fees May Reduce Earnings. Variable Rate Account - Rates may change after the account is opened. You must maintain a minimum daily balance of $1,000 to obtain.
Certificates of Deposit (CDs)
For personal or business investments, we offer very competitive rates on our Certificates of Deposit. CD’s are available in terms ranging up to 3 years.
Interest may be handled in any way our customers wish:
- Interest may be allowed to compound
- At maturity
- Interest may be withdrawn
- Monthly
- Quarterly
- Semi-annually
- At maturity
- Interest may be transferred to any Citizens Bank checking or savings account
Check with a Customer Service Representative at any of our four convenient locations for current CD rates.
Citizens Bank is a member of and is insured by FDIC
Key Bank Cd Rates
Individual Retirement Accounts (IRAs)
Citizens Bank offers both Traditional and Roth IRAs available as an 18 month variable rate IRA based on current six month CD rates.
- Traditional IRAs offer customers the opportunity to defer paying taxes on their investment until the funds are withdrawn. Most contributions are tax-deductible, however, certain restrictions apply.
- Roth IRAs are an excellent choice for customers who wish to deposit after tax dollars now and avoid taxes on qualifying withdrawals later. As with Traditional IRAs, certain restrictions apply.
- With Traditional IRAs Required Minimum Distributions are required at age 70 ½ .
Contact a Customer Service Representative at any of our four convenient locations for current IRA rates.
Citizens Bank Cd Rates Certificates Of Deposit
Citizens Bank is a member of and is insured by FDIC.