"Helping YOU achieve financial success"

Regular Checking Account

Minimum balance to open the account - You must deposit $100.00 to open this account.

Minimum balance to avoid imposition of fees - If your balance falls below $250.00 on any day in the statement cycle we will impose a monthly service fee of $12.00 ($6.00 for individuals 55 years of age and over) for that statement cycle.  The monthly service fee will not be imposed if you maintain an average daily collected balance of  $1500.00.  The average daily collected balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

If your balance is at least $250.00 on every day in the statement cycle but falls below $500.00 on any day during the statement cycle we will impose a monthly service of $11.00 ($6.00 for individuals 55 years of age and older) for that statement cycle.  The average daily collected balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

All-In-One Account

Citizens State Bank's "All-in-One" account is designed for the person who wants a full feature account that offers a wide range of our bank's services for one fixed fee per month.  Your "All-in One" account package of services include:

Minimum balance to open the account - You must deposit $100.00 to open this account.

Monthly Service Fees:

Student Account (Must be a full time student)

Minimum balance to open the account - You must deposit $100.00 to open this account.

Benefits:

Senior Citizens Account

Minimum balance to open the account - You must deposit $100.00 to open this account.

Benefits:

NOW Account

Rate information - Your interest rate and annual percentage yield may change.

Frequency of rate changes - We may change the interest rate on you account every week.

Determination of rate -  At our discretion, we may change the interest rate on your account.

Compounding and crediting frequency -  Interest will be compounded every month.  Interest will be credited to your account every month.

Effect of closing an account - If you close your account before interest is credited, you will not receive the accrued interest.

Minimum balance to open the account - You must deposit $1500.00 to open this account.

Minimum balance to avoid imposition of fees - A service fee of $10.00 will be imposed every monthly statement cycle if the balance in the account falls below $1,500.00 any day of the cycle.

Minimum balance to obtain the annual percentage yield disclosed - You must maintain a minimum balance of $500.00 in the account each day to obtain the disclosed annual percentage yield.

Daily balance computation method - We use the daily balance method to calculate the interest on your account.  This method applies a daily periodic rate to the principal in the account each day.

Accrual of interest on noncash deposits - Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Fees -  A per check fee of $.25 will be charged for each check written in excess of 30 during a statement cycle.

SUPER NOW Account

Rate information - Your interest rate and annual percentage yield may change.

Frequency of rate changes - We may change the interest rate on you account every week.

Determination of rate -  At our discretion, we may change the interest rate on your account.

Compounding and crediting frequency -  Interest will be compounded every month.  Interest will be credited to your account every month.

Effect of closing an account - If you close your account before interest is credited, you will not receive the accrued interest.

Minimum balance to open the account - You must deposit $1500.00 to open this account.

Minimum balance to avoid imposition of fees - A service fee of $10.00 will be imposed every monthly statement cycle if the balance in the account falls below $1,500.00 any day of the cycle.

Minimum balance to obtain the annual percentage yield disclosed - You must maintain a minimum balance of $1500.00 in the account each day to obtain the disclosed annual percentage yield.

Daily balance computation method - We use the daily balance method to calculate the interest on your account.  This method applies a daily periodic rate to the principal in the account each day.

Accrual of interest on noncash deposits - Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Fees -  A per check fee of $.25 will be charged for each check written in excess of 30 during a statement cycle.

Money Market Account

Rate information - Your interest rate and annual percentage yield may change.

Frequency of rate changes - We may change the interest rate on you account every week.

Determination of rate -  At our discretion, we may change the interest rate on your account.

Compounding and crediting frequency -  Interest will be compounded every month.  Interest will be credited to your account every month.

Effect of closing an account - If you close your account before interest is credited, you will not receive the accrued interest.

Minimum balance to open the account - You must deposit $2500.00 to open this account.

Minimum balance to avoid imposition of fees - A service fee of $10.00 will be imposed every monthly statement cycle if the balance in the account falls below $2,500.00 any day of the cycle.

Minimum balance to obtain the annual percentage yield disclosed - You must maintain a minimum balance of $1500.00 in the account each day to obtain the disclosed annual percentage yield.

Daily balance computation method - We use the daily balance method to calculate the interest on your account.  This method applies a daily periodic rate to the principal in the account each day.

Accrual of interest on noncash deposits - Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Transaction Limitations - Transfers from a Money Market account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per statement cycle with no more than three by check, draft, debit card, or similar order to third parties.

Fees -  A withdrawal fee of $3.00 will be charged for each withdrawal in excess of six during a statement cycle.

Personal Savings Account

Rate information - Your interest rate and annual percentage yield may change.

Frequency of rate changes - We may change the interest rate on you account every week.

Determination of rate -  At our discretion, we may change the interest rate on your account.

Compounding and crediting frequency -  Interest will be compounded every month.  Interest will be credited to your account every month.

Effect of closing an account - If you close your account before interest is credited, you will not receive the accrued interest.

Minimum balance to open the account - You must deposit $100.00 to open this account.

Minimum balance to avoid imposition of fees - A service fee of $3.00 will be imposed every monthly statement cycle if the balance in the account falls below $100.00 any day of the cycle.

Minimum balance to obtain the annual percentage yield disclosed - You must maintain a minimum balance of $100.00 in the account each day to obtain the disclosed annual percentage yield.

Daily balance computation method - We use the daily balance method to calculate the interest on your account.  This method applies a daily periodic rate to the principal in the account each day.

Accrual of interest on noncash deposits - Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Transaction Limitations - Transfers from a Personal Savings account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per statement cycle with no more that three by check, draft, debit card, or similar order to third parties.

Fees -  A withdrawal fee of $2.00 will be charged for each withdrawal in excess of six during a statement cycle.

Common Features

Please refer to our separate fee schedule for additional information about charges.  We may require not less than 7 days' notice in writing before each withdrawal from an interest -bearing account other than a time deposit, or from any other savings account as defined by Regulation D.  Withdrawals from a time account prior to maturity or prior to any notice period may be restricted and may be subject to penalty.  See your notice of penalty for early withdrawal. 

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