investments you choose are a very personal and important decision. Please come in and talk with us about your financial goals and let us help you get the most out of your savings with an investment product that best fits you. 
Citizens State Bank offers certificates of deposit and other qualified investments, (traditional IRAs, ROTH IRAs, educational IRAs (CESA's), Health Savings Accounts (HSA's), and SEP accounts, ranging from 91 days to 60 months. For our customers needing a more flexible option, we offer retirement savings accounts. Citizens State Bank offers competitive deposit rates and we invite you to check out our Current Rates. In addition, Citizens State Bank also makes available to you the tax-deferred alternative of fixed rate annuities.* It is never too early to begin saving for your future or the future of your children and grandchildren and we understand that the *Annuities are not FDIC insured, are not obligations of Citizens State Bank, are not a deposit of or guaranteed by Citizens State Bank, and involve investment risks including the possible loss of principal
Visit with Sherri Van Gorp or Betty Winter at Citizens State Bank for more investment information! |
NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS:
In accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act, from Dec. 31, 2010 through Dec. 31, 2012, all funds in “noninterest-bearing transaction accounts” are insured in full by the Federal Deposit Insurance Corporation. This unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules. The term “noninterest bearing transaction account” includes a traditional checking account (or demand deposit account) on which the insured depository institution pays no interest. It does NOT include any transaction account that may earn interest, such as a negotiable order of withdrawal (“NOW”) account, money market deposit account, or Interest of Lawyers Trust Account (“IOLTA”), even if checks may be drawn on the account. The temporary full insurance coverage of “noninterest bearing transaction accounts” expires on Dec. 31, 2012. After Dec. 31, 2012 funds in noninterest bearing transactions account will be insured under the FDIC’s general deposit insurance rules, subject to the Standard Maximum Deposit Insurance Amount of $250,000.
