girl working at park

Savings Accounts

Citizens Bank savings accounts offer a variety of ways to save money, allowing you to build your savings in the way that best fits your financial goals and lifestyle. Whether you are looking for a competitive interest rate, helping the kids get started, saving for a dream vacation or magical Christmas, our savings accounts will help you to be ready for both the exciting and unexpected events in your life or business.  

Choose Your Savings Account

family with dog

Personal Savings Account

Get started on building your savings with Citizens Bank’s easy to open savings account. For current rate and yield information please call us at (606) 256-2500.

Interest will be compounded quarterly and credited to the account quarterly[14]. 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 on noncash items (for example, checks) begins to accrue on the business day you deposit the noncash items.

See additional disclosures.[7][8][9][10][11]

$50

To Open

$100

Min. Balance

Open Your Account Today!

Education Pays Savings Account

Help kids and teens learn the value of saving money and earn rewards for good grades at school! An Education Pays Savings Account from Citizens Bank helps kids build more than savings, it helps build good habits with school and money too.

For current rate and yield information please call us at (606) 256-2500. Interest will be compounded quarterly and credited to the account quarterly[14]. 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 on noncash items (for example, checks) begins to accrue on the business day you deposit the noncash items.

See additional disclosures.[7][8][11]

  • Receive a $1.00 bonus for every A (or highest grade possible) earned at school, up to $10 per grading period[15]
  • For minors through 12th grade or until age 18[12]
$5

To Open

$0

Min. Balance[13]

Open Your Account Today!
middle age couple at resort

Premier Money Market Account

Maximize your earnings with a Premier Money Market Account from Citizens Bank. Earn interest faster through tiered interest rates which pay more interest on larger balances. For current rate and yield information please call us at (606) 256-2500. Interest will be compounded monthly and credited to the account monthly[14]. 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 on noncash items (for example, checks) begins to accrue on the business day you deposit the noncash items.
  • Tiered interest rate[8][16]
  • Up to 6 withdrawals or transfers per statement cycle[19]
See additional disclosures.[7][17][18]
$50

To Open

$2,500

Min. Balance

Open Your Account Today!

Club Savings Accounts

A Club Savings account from Citizens Bank makes it easy to save for a dream vacation or a magical Christmas. Whether you want to save for vacation, Christmas, or both, club savings accounts have these features to help you save smarter and faster:

Choose Your Club Savings Account

family opening Christmas gifts

Christmas Club Savings

Have a Christmas that will make everyone merry and bright! Start saving today with a Citizens Bank Christmas Club Savings account.

  • Choose a payment amount of $5, $10, or $20
$5

To Open

$0

Monthly Fee

Open Your Account Today!
couple on vacation

Vacation Club Savings

Whether you want to save for an annual getaway or a once in a lifetime adventure, a Citizens Bank Vacation Club Savings account can help you reach your destination in style. 

  • Choose a payment amount of $10, $20, $30, $40 or $50
$10

To Open

$0

Monthly Fee

Open Your Account Today!

[1] All deposits made to this account must be an automatic transfer from an existing checking or savings accout held at Citizens Bank.

[2] Activity is reported in your checking or savings account statement. No separate statements will be mailed for this account type.

[3] Based on a 50 week club year: To earn the 50th payment bonus, 49 payments must be made by the end of the club year by automatic transfer.

[4] For Christmas Club accounts, no withdrawals are permitted before October each year, or the account is subject to being closed.

[5] For Christmas Club accounts, no withdrawals are allowed. A check will be issued at the end of the club year for principal and bonus payment.

[6] For Vacation Club accounts, no withdrawals are permitted during the club year. Principal and bonus payment will be paid by automatic transfer at end of club year.

[7] Other fees may apply. See fee schedule for details.

[8] At our discretion, we may change the interest rate on your account at any time. 

[9] A service charge of $5.00 will be imposed every month if the balance in the account falls below $100.00 any day of the month.

[10] You must maintain a minimum balance of $50.00 in the account each day to obtain the disclosed annual percentage yield.

[11] An account is considered Dormant if for 3 years you have made no deposits or withdrawals to the account. If the account is dormant and the balance is $500 or less, then a Dormant Account Charge of $5.00 will be charged every statement cycle. 

[12] A service charge of $5.00 will be imposed every month after the account holder turns 18 if the balance in the account falls below $100.00 any day of the month.

[13] You must maintain a minimum balance of $5.00 in the account each day to obtain the disclosed annual percentage yield.

[14] If you close your account before interest is credited, you will receive the accrued interest.

[15] To earn the bonus you must present your report card to any CSR for validation of grades received. The Grade Incentive Bonus will only be paid for the current grading period at the time the report card is presented. We will not pay for any previous grading periods. We will only pay the Grade Incentive Bonus through the 12th grade. 

[16]  The interest rate and annual percentage yield for your account depend upon the applicable rate tier. The interest rate and annual percentage yield for these tiers may change. 

[17] A service charge of $10.00 will be imposed every statement cycle if the balance in the account falls below $2,500.00 any day of the statement cycle.

[18] You must maintain a minimum balance of $2,500.00 in the account each day to obtain the disclosed annual percentage yield.

[19] During any statement cycle , you may not make more than 6 withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party. Any account that exceeds 6 automatic withdrawals per statement cycle may be subject to closure. An Excess Debit Charge of $7.50 will be charged for each withdrawal in excess of 6 per statement cycle.