Certificates of Deposit
- Rates effective June 19th, 2013
- | Print
- * APY = Annual Percentage Yield
Share Certificates
| Term | APY * | Compound Frequency | Interest Rate |
|---|
| 3 Month | 0.20% | Quarterly | 0.20% |
| 6 Month | 0.30% | Semi-Annual | 0.30% |
| 12 Month | 0.45% | Quarterly | 0.45% |
| 18 Month | 0.50% | Quarterly | 0.50% |
| 24 Month | 0.75% | Quarterly | 0.75% |
| 30 Month | 0.85% | Quarterly | 0.85% |
| 36 Month | 0.90% | Quarterly | 0.90% |
| 36 Month - InvCh | 0.85% | Quarterly | 0.85% |
| 48 Month | 1.00% | Quarterly | 1.00% |
| 60 Month | 1.10% | Quarterly | 1.10% |
| 96 Month | 1.51% | Quarterly | 1.50% |
- A minimum deposit of $500.00 is required.
- Penalty for early withdrawal is 12 months loss of interest, $25.00 minimum penalty.
- After certificate is issued, no additional deposits are allowed.
- Basis 365 days.
- Rates are subject to change. Fees may reduce the earnings on the account.
The 36 month investors choice certificate allows you to change the interest rate once during the term of the certificate. At the time you choose to exercise this option, present the certificate at the bank to obtain the current 36 month investors choice interest rate for the remaining term of the original certificate.
Special Certificate Rates
| Term | APY | Compound Frequency | Interest Rate |
|---|
| 13 Month | 0.75% | Quarterly | 0.75% |
| 37 Month | 1.00% | Quarterly | 1.00% |
- A minimum deposit of $2500.00 is required.
- Penalty for early withdrawal is 12 months loss of interest, $25.00 minimum penalty.
- After certificate is issued, no additional deposits are allowed.
- Basis 365 days.
- Rates are subject to change. Fees may reduce the earnings on the account.
Citizens Ultimate CD
| Balance | APY * | Compound Frequency | Interest Rate |
|---|
| $1,000 - 14,999.99 | 0.10% | Quarterly | 0.10% |
| $15,000 - 49,999.99 | 0.15% | Quarterly | 0.15% |
| $50,000 - 99,999.99 | 0.35% | Quarterly | 0.35% |
| $100,000 and above | 0.60% | Quarterly | 0.60% |
- No maturity date.
- $1000 minimum to open, $1000 minimum withdrawal, $100 minimum additional deposits.
- No interest will be paid any day on the daily balance below $1000.00. Interest is paid on the daily collected balance and credited to the account quarterly.
- One withdrawal within the first 5 business days of each calendar quarter. (Jan., Apr., Jul., Oct.)
- Additional withdrawals: $50.00 processing fee plus 5% of amount withdrawn.
- Rates are subject to change. Fees may reduce the earnings on the account.
