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 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.
*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 EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS
By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor’s accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.
For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit: http://www.fdic.gov/deposit/deposits/unlimited/expiration.html