Hours & Locations  |  Deposit Rates  |  Contact CCB  |  Home


INTEREST RATES AND YIELDS EFFECTIVE AND ACCURATE AS OF April 3, 2014
Rates updated on 4/3/2014 at 1:55:30 PM

Select the following deposit account type from the list below to view its interest rate information.

 

Passbook Savings
 Minimum Initial Deposit is $50.00. Interest Compounds Quarterly.

Balance From:

Interest Rates APY
UP TO - $9,999.99 .25% .25%
$10,000.00 to $24,999.99 .25% .25%
$25,000.00 to $49,999.99 .25% .25%
$50,000.00 - AND OVER .25% .25%
Variable Rate: The interest rate and annual percentage yield for your account depends upon the applicable tier. The interest rate and annual percentage yield for these tiers may change daily.
APY-  The Annual Percentage Yield assumes interest will remain on deposit until maturity. Withdrawals and Fees will reduce earnings.
METHOD OF CALCULATION: 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. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
EFFECT OF CLOSING AN ACCOUNT: If you close your account before interest is credited, you will receive the accrued interest.

 

 

NOW Accounts
Minimum Initial Deposit is $1,000.00. Interest is compounded monthly.

Balance From: Interest Rates APY
UP TO - $2,499.99 .10% .10%
$2,500.00 - $9,999.99 .11% .11%
$10,000.00 - AND OVER .15% .15%
Variable Rate: The interest rate and annual percentage yield for your account depends upon the applicable tier. The interest rate and annual percentage yield for these tiers may change daily.
APY -  The Annual Percentage Yield assumes interest will remain on deposit until maturity. Withdrawals and Fees will reduce earnings.
METHOD OF CALCULATION: 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. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
EFFECT OF CLOSING AN ACCOUNT: If you close your account before interest is credited, you will receive the accrued interest.

 

 

Premium Money Market Account
 Minimum Initial Deposit - $2,500.00. Interest is compounded monthly.
Balance From: Interest Rates APY
$0.00 to $4,999.99 .05% .05%
$5,000.00 to $14,999.99 .10% .10%
$15,000.00 to $34,999.99 .15% .15%
$35,000.00 to $49,999.99 .20% .20%
$50,000.00 to $74,999.99 .25% .25%
$75,000.00 to $99,999.99 .30% .30%
$100,000.00 AND OVER .40% .40%
Variable Rate: The interest rate and annual percentage yield for your account depends upon the applicable tier. The interest rate and annual percentage yield for these tiers may change daily.
APY -  The Annual Percentage Yield assumes interest will remain on deposit until maturity. Withdrawals and Fees will reduce earnings.
METHOD OF CALCULATION: 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. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
EFFECT OF CLOSING AN ACCOUNT: If you close your account before interest is credited, you will receive the accrued interest.

 

 

Premium Money Market Business Account
 Minimum Initial Deposit - $5,000.00. Interest is compounded monthly.
Balance From: Interest Rates APY
$0.00 to $4,999.99 .05% .05%
$5,000.00 to $14,999.99 .10% .10%
$15,000.00 to $34,999.99 .15% .15%
$35,000.00 to $49,999.99 .20% .20%
$50,000.00 to $74,999.99 .25% .25%
$75,000.00 to $99,999.99 .30% .30%
$100,000.00 AND OVER .40% .40%
Variable Rate: The interest rate and annual percentage yield for your account depends upon the applicable tier. The interest rate and annual percentage yield for these tiers may change daily.
APY -  The Annual Percentage Yield assumes interest will remain on deposit until maturity. Withdrawals and Fees will reduce earnings.
METHOD OF CALCULATION: 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. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
EFFECT OF CLOSING AN ACCOUNT: If you close your account before interest is credited, you will receive the accrued interest.

 

 

Certificates of Deposit
Initial Interest Rate Is In Effect Until First Maturity

Term Interest
Rates
Minimum APY ****
Interest Credited/
Compounded
Grace
Days
***
Early Withdrawal
Penalty
3 Months .15% $2,500.00 .15% Quarterly 10 1 Month Interest
6 Months .25% $2,500.00 .25% Quarterly 10 1 Month Interest
12 Months .30% $500.00 .30% Quarterly
Semi-Annually
10 1 Month Interest
24 Months .60% $500.00 .60% Quarterly
Semi-Annually
10 3 Month Interest
36 Months 1.00% $500.00 1.00% Quarterly
Semi-Annually
10 3 Month Interest
48 Months 1.05% $500.00 1.05% Quarterly
Semi-Annually
10 3 Month Interest
60 Months 1.80% $5,000.00 1.81% Quarterly
Semi-Annually
10 9 Month Interest
84 Months 1.90% $10,000.00 1.91% Quarterly
Semi-Annually
10 9 Month Interest
APY -  The Annual Percentage Yield assumes interest will remain on deposit until maturity. Withdrawals and Fees will reduce earnings.
METHOD OF CALCULATION: 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.  Interest begins to accrue on the business day you deposit non-cash items (for example, checks).
EFFECT OF CLOSING AN ACCOUNT: If you close your account before interest is credited, you will receive the accrued interest.

 

Rates and Yields subject to change at anytime
SUBSTANTIAL PENALTY FOR EARLY WITHDRAWAL
MEMBER FDIC

*** - The penalty for an early withdrawal from an account 31 days or less, will be the greatest of (1) all interest earned on the amount withdrawn from the most recent date of deposit or last renewal, (2) all interest that could have been earned on the amount withdrawn during a period equal to one-half the maturity period, or (3) seven days' interest on the amount withdrawn.

**** - Citizens will consider a monthly check on CD's of $10,000.00 or more.

CONTACT AN EMPLOYEE FOR FURTHER INFORMATION ABOUT APPLICABLE FEES AND TERMS.

Click here for a listing of our phone numbers where we can be contacted at.

 

Equal Housing Lender | Member FDIC  |  Privacy Statement  |  ©Citizens Community Bank. All Rights Reserved