| CHECKING ACCOUNTS |
Interest Rate Tiers |
Annual Percentage Yield (APY) |
Minimum Deposit
to Open |
Maintain one of the following balances to avoid monthly fees: |
If you fall below the balance requirements, these monthly fees apply: |
Other |
| Balance |
Maintenance Fee |
| Advantage Checking |
N/A |
N/A |
$50 |
$500 minimum daily balance $2,500 combined average daily balance |
$10 |
choice of check safekeeping or check images at no charge |
| Bonus CheckingSM |
Balance
$0-999;
$1,000-9,999;
$10,000-24,999;
$25,000+ |
For current rates and APYs click here.
Your APY will be provided upon receipt of your initial deposit. |
$50 |
$1,000 minimum daily balance; $10,000 combined average daily balance |
$15* |
choice of check safekeeping or check images at no charge |
| Free ‘n Easy CheckingSM |
N/A |
N/A |
$50 |
N/A |
N/A |
Overdraft Reserve accounts are not available |
* $15 for Michigan and Ohio clients; $12 for Wisconsin clients
| SAVINGS ACCOUNTS1 |
Interest Rate Tiers |
Annual Percentage Yield (APY) |
Minimum Deposit
to Open |
Maintain the fol-
lowing balance to avoid fees: |
If you fall below the balance requirement, these fees apply: |
Transaction
Fees |
| Balance |
Maintenance Fee |
| Accelerated Savings® |
Balance
$0-9,999;
$10,000-24,999;
$25,000-49,999;
$50,000-99,999;
$100,000+ |
Currently not offered online. Please call
800-676-6276 for rates. |
$10,000 |
$10,000 minimum daily balance |
$20 monthly |
N/A |
| Accelerated Savings® Plus |
Balance
$0-9,999;
$10,000-24,999;
$25,000-49,999;
$50,000-99,999;
$100,000+ |
For current rates and APYs click here. Your APY will be provided upon receipt of your initial deposit. |
$10,000 |
$10,000 minimum daily balance |
$20 monthly |
N/A |
| High Yield Savings |
Balance
$0-9,999;
$10,000-24,999;
$25,000-49,999;
$50,000-99,999;
$100,000+ |
Currently not offered online. Please call
800-676-6276 for rates. |
$10,000 |
$10,000 minimum daily balance |
$20 monthly |
N/A |
| Money Market Savings |
Balance
$0-9,999;
$10,000-49,999; $50,000+ |
For current rates and APYs click here. Your APY will be provided upon receipt of your initial deposit. |
$50 |
$2,000 minimum daily balance |
$12 monthly |
$15 each if you exceed 6 pre-authorized debits or 6 checks per statement cycle |
| Statement Savings |
All Balances |
For current rates and APYs click here. Your APY will be provided upon receipt of your initial deposit. |
$50 |
$100 minimum daily balance |
No charge for the 1st 12 months, $12 quarterly thereafter |
No charge for the 1st 12 months Each in person withdrawal after the 1st 18 during the quarter is subject to a $15 charge, regardless of balance |
| Let It Grow Gift AccountSM |
All Balances |
Currently not offered online. Please call
800-676-6276 for rates. |
$50 |
N/A until minor reaches the age 18, then $100 minimum daily balance thereafter |
N/A until minor reaches the age 18, then $12 quarterly thereafter |
No charge for the 1st 12 months. Each in person withdrawal after the 1st 18 during the quarter is subject to a $15 charge, regardless of balance |
Minor savings accounts will convert to the standard account guidelines after the client reaches age 18.
Balance Definitions and Computations:
- Definitions: The minimum daily balance is the ledger balance in your account on any calendar day. The average daily 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. The combined average daily balance is the aggregate average daily balance in the linked accounts. Advantage and Bonus Checking maintenance fees can be offset by the combined average daily balances in the primary owner's Savings, CDs and IRAs.
- Balance Computations: The daily balance method is used to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Your interest rate and annual percentage yield (APY) may change at our discretion at any time. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks). Interest bearing checking accounts, Accelerated Savings, Accelerated Savings Plus, and Money Market Savings, and High Yield Savings compound and credit monthly. Accelerated Savings, Accelerated Savings Plus, and High Yield Savings will receive quarterly statements. Statement Savings compound and credit quarterly. If you close your account before interest is credited, you will forfeit this interest at the time of closure.
Overdraft/NSF Fees Applicable to both Checking and Savings Accounts
| 1 occurrence |
$28 per item |
| 2 or more occurrences |
$36 per item |
| Fees assessed for overdraft (paid) items or non-sufficient funds (returned) items will be based on the number of non-sufficient balance occurrences during a specific time period. This period of time is defined as the previous 12 months plus the current month. An occurrence is any day that an item is presented for payment against your account on which the account balance does not have sufficient funds to pay that item. See your Deposit Account Rules for a description of items. |
Continuous Negative Balance Fee:
If your account remains overdrawn for 7 or more consecutive days, you will incur a Continuous Negative Balance Fee after every 7th calendar day until the account is brought to a positive balance.
|
$36 |
| Overdraft Transfer Account |
$10 per transfer |
Other Fees Applicable to both Checking and Savings Accounts
| Account Early Closing Fee (if closed within 120 days of opening) |
$25 |
| ATM Mini-Statement |
$2 each |
| Chargebacks (items that are charged back to your account) |
$10 per item |
| Check Printing |
price varies |
| Garnishment Processing Fee – unless otherwise limited by applicable law. |
$40 per item |
| Non-Citizens Bank ATM Activity Fees – includes withdrawals, balance inquiries, transfers and international transactions. Stop Payment Fee |
$2 each |
| Stop Payment Fee |
$30 per item |
Accelerated Savings Plus
| A Bonus Checking account and Citizens Online Banking with Bill Pay are required to maintain an Accelerated Savings Plus account. In addition, you must pay at least two (2) bills each statement cycle from your Bonus Checking account using Bill Pay. If this requirement is not met for two or more consecutive statement cycles or if the Bonus Checking account is closed, the Accelerated Savings Plus account will revert to an Accelerated Savings account. |
Employee Rewards Package
| For employees of participating commercial clients |
| Advantage Checking fees may be avoided with direct deposit. If direct deposit is not maintained, Advantage maintenance fees will apply. |
| Bonus Checking fees may be avoided with direct deposit and $1,000 minimum daily balance. If direct deposit and $1,000 minimum daily balance is not maintained, Bonus maintenance fees will apply. |
| Non-Citizens Bank ATM activity with direct deposit – After the 1st 15 withdrawals, $2 each. The 1st 15 ATM surcharges will be refunded. All other non-Citizens Bank ATM fees apply. |
1Savings and MMIAs are limited to no more than six transfers and withdrawals, or a combination of such transfers and withdrawals, per calendar month or statement cycle of at least four weeks, to another account (including a transaction account) of the depositor at the same institution or to a third party by means of a preauthorized or automatic transfer, or telephone agreement, order or instruction, or by check, debit card, or similar order made by the depositor and payable to third parties. Your account could be closed if you repeatedly exceed these transfer limitations after notice has been given.