What is it you’d like to save for? A house? A boat? A car? Start with your dream, and then let’s give it a name. Putting your dream’s name on a savings account -- like “Joe’s Big Screen TV” savings account – helps put your goals in writing, and makes it more difficult to withdraw savings funds for anything else but your dream purchase. Dreaming of lots of things? Members can open up to 10 sub-accounts using just ONE main account number with a different “suffix” or “ending” number. Maintain a minimum of $100 to earn interest.1
Helping you Save – Now More than Ever
Today savings accounts are more important than ever. Our goal is to help you achieve your dreams by providing modern-day tools that fit your life. Whether you’re dreaming of saving for a new deck, a new car, a new home or even just planning for holidays and healthcare, we’ll help you feel right at home with a savings plan that’s just right for you!
Personalized Savings Accounts
Interest Rates
Rates current as of February 22, 2012.
Holiday Savings Account
Interest Rates
Plan for a stress-free Holiday next year with this Holiday Savings Calculator! Simply enter in your estimated expenses, including gifts, decorations, trees, food, cards and more. Then select the month you intend to open your Holiday Savings Account and the calculator will tell you how much you need to save each month to reach your goal! Holiday Savings Accounts may be opened during any month of the year, and are paid out on October 1st.
- Open a Holiday Savings at any time of the year with just $5!
- Savings, plus generous interest is paid out October 1 so you’ll have plenty of time to make smart purchases. 1
Health Savings Account
Interest Rates
Welcome home to good health with a Health Savings Account (HSA) at CitizensFirst. This special savings account is designed exclusively for our members with high deductible insurance plans, making it easier to pay for out-of-pocket medical bills each month. Simply make a monthly pre-tax contribution into your HSA for healthcare expenses for you, your spouse and your dependents, and you can reduce your taxable income 2 and ensure you have money to pay for your healthcare expenses when you need it.
- Your HSA funds stay right here at CitizensFirst (no national provider).
- Local customer service team!
- View your balance with online Home Banking access.
- Pay yourself or your providers using convenient online, phone and CheckCard access to your funds.
- Roll over unused savings from year to year.
2 Reducing taxable income depends on your contribution levels and income. Please consult a tax accountant for your specific tax implications.
All savings rates are stated as Annual Percentage Yield (APY). We may amend these rates from time to time and we will provide you with reasonable notice of the changes. Reasonable notice may consist of our posting the changes in our lobby or mailing a notice to you. Please refer to your copy of the account card and disclosures your received for other terms and conditions of your account. Fees could reduce the earnings on your account(s.
Rates current as of February 22, 2012.
Good Fortune Money Market with CitizensFirst Personal Checking
Interest Rates
Reach your savings goals faster when you earn our highest interest rates 1 available for larger balances.
- $30,000 minimum daily balance to earn interest.
- Dividends are compounded daily and credited monthly.
- Tiered interest rates reward higher balances with higher interest!
- No fixed term - access your cash easily with six withdrawals or transfers allowed during any statement period.
- Must have an active CitizensFirst personal checking account 2 to qualify for rates.
Good Fortune Money Market
Interest Rates
Reach your savings goals faster when you earn higher interest rates with higher balances.
- $30,000 minimum daily balance to earn interest.
- Dividends are compounded daily and credited monthly.
- Tiered interest rates reward higher balances with higher interest!
- No fixed term - access your cash easily with six withdrawals or transfers allowed during any statement period.
Classic Money Market
Interest Rates
With a reasonable minimum balance, you can reach your savings goals faster by earning higher interest today!
- $2,000 minimum daily balance to earn interest.
- Dividends are compounded daily and credited monthly.
- Tiered interest rates reward higher balances with higher interest!
- No fixed term – access your cash easily with six withdrawals or transfers allowed during any statement period.
2 For complete information on Personal Checking rules, click here.
Rates current as of February 22, 2012.
Individual Retirement Accounts (IRA) Money Markets
Interest Rates
A flexible, safe, higher-interest earning retirement savings account, our IRA Money Market allows you to make regular contributions* with options to convert to a different retirement savings vehicle in the future.
- No minimum daily balance to earn interest!
- Dividends are compounded daily and credited monthly.
- Tiered interest rates reward higher balances with higher interest!
- Traditional and Roth IRA plans available. Ask a specialist to determine which one is right for you!
Share Certificates
Interest Rates
Lock in our highest interest rates with share certificates when you can set aside higher balances for a specified time period. With $1,000 minimum and terms available from 90 days to 5 years, this is one savings investment you can count on!
- $1,000 minimum to invest. 2
- Fixed investment terms available from 90 days to 5 years.
- Longer terms earn higher interest rates.
- Automatic renewal when share certificate matures/term expires.
Individual Retirement Accounts (IRA) Share Certificates
Interest Rates
Want to lock in higher rates for your retirement? Look into our individual retirement account share certificates and start building your nest egg today.
- $1,000 minimum to invest. 2
- Available in 6-, 12-, 24-, 36- and 60-month terms.
- Longer terms earn higher interest rates.
- Automatic renewal when share certificate matures/term expires.
- Traditional and Roth IRA share certificates available. Ask a specialist to determine which one is right for you!
2 During the specified investment term, the certificate has a constant dollar amount invested; no deposits or withdrawals from this account. Penalty for early withdrawal.
*Contribution limits apply. Ask a Financial Services Representative for details.
All savings rates are stated as Annual Percentage Yield (APY). We may amend these rates from time to time and we will provide you with reasonable notice of the changes. Reasonable notice may consist of our posting the changes in our lobby or mailing a notice to you. Please refer to your copy of the account card and disclosures your received for other terms and conditions of your account. Fees could reduce the earnings on your account(s).
90 Day - 60 Month IRA Share Certificates require a $1,000 minimum. 90 Day certificates have dividends credited at maturity. 6 - 60 Month certificates may compound monthly. Credit Union penalty for early withdrawal. Annual percentage yield is based on an assumption that dividends will remain in the account until maturity. A withdrawal will reduce earnings.
Rates current as of February 22, 2012.