checking

Checking


Citizens Preferred Club Account:

The minimum amount required to open this type of account is $200.00. The following membership fees apply to this account.

  • Individual - $11 per month
  • Family - $13 per month
  • Excessive Check Fee (more than 40 during a statement cycle) - $1
  • Lifelock
  • Free standard personalized checks
  • Free Cashiers Checks
  • Free Money Orders
  • Accidental Death and Dismemberment Insurance
  • Discounts on Travel, lodging, car rental
  • Identity Theft 911
  • Vision Care Savings

Regular Checking Account:

The minimum amount required to open this type of account is $200.00. In order to avoid a service charge you must maintain a daily balance of $600 or more. If the balance is less than $200.00 on any day of the month, there will be a charge of $10.00 for that month, if the balance is at least $200.00 on every day but less than $400.00 on any day in the month the charge will be $8.00 for that month. If your balance is at least $400.00 on every day but less than $600 on any day of the month, then the service charge for that month will be $6.00.

There are no deposit limitations with this type of account. Fees that apply include the $.15 excessive withdrawal fee, which applies if more than 40 debits per monthly statement cycle are made.

Hometown Checking Account:

This type of checking account is only available to customers ages 55 and older. An initial deposit of $200.00 is required, no limit on deposits.

This type of account offers several benefits:

  • Free Standard wallet checks (any other check - $4.00 discount)
  • No monthly service charge
  • 20% discount on safe deposit box rental
  • No additional fee for cashier’s checks, money orders and traveler’s checks
  • Free notary
  • No limit on checks written

Student Checking Account:

The student requires an initial deposit of $200.00 and has no deposit limitations. In order to open student account, the customer must be a registered student. There is no service charge associated with this account, unless there are three months without activity on the account.; The customer will be allowed a check order of only 50 checks.

NOW Account:

The NOW account is an interest bearing account, with interest compounding monthly and credited to your account each month. The interest rate with this account is subject to change as frequently as daily. If the account is closed before interest is credited, you will not receive the accrued interest.

Citizens National Bank uses the average daily balance method to calculate the interest on this account. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principle in the account for each day of the period and dividing that figure by the number of days in the period, which is monthly. Interest begins to accrue on the first business day after the banking day you deposit noncash items.

This account requires a minimum of $1,000.00 to open. If the balance is less than $500.00 on any day in the month, your account will be subject to a $10.00 service charge for that month. If the balance is at least $500.00 on every day, but less than $1,000.00 on any day in the month, the service charge will be $9.00 for that month. If the balance is $1,000.00 or more on every day in the month, we will not charge a service charge for that month.

There are no deposit limitations with this type of account. Fees that apply include the $.15 excessive withdrawal fee, which applies if more than 40 debits per monthly statement cycle are made.

Hometown NOW Account:

This account is offered to customers ages 55 and older. Standard wallet checks are free with this type of account, if you choose another style a $4.00 discount applies.

The same terms apply for this account as they do in the Regular NOW Account.

Super NOW Account:

In order to open a Super NOW Account, an initial deposit of $2,000.00 is required. Interest is compounded monthly and credited to the account on a monthly basis. The average daily balance method is also used for this account as it is in other interest bearing accounts.

A service charge fee of $10.00 will be imposed every statement cycle if the balance of the account falls below $1,000.00 any day of the cycle. A fee of $.15 per item will be charged for excessive debits, which is more than 40 during a month.

Prestige Account:

This is an interest bearing account that requires an initial deposit of $25,000 to open. You will be paid the disclosed interest rate for at least 30 calendar days.We will never decrease this rate unless we first give you at least 30 days notice in writing. Interest is compounded monthly and credited to the account on a monthly basis. If you should close the account before interest is credited, you will not receive the accrued interest. In order to obtain the disclosed annual percentage yield, you must maintain a minimum balance of $25,000.00 in the account each day.

A service charge fee of $7.50 will be imposed every statement cycle if the balance in the account falls below $1,000.00 any day of the cycle. You may make unlimited deposits to this account, but all transactions made must be made in-bank.

Budget Checking Account:

The minimum amount required to open this type of account is $200.00 with unlimited deposits. The only service charge associated with this account applies if there has been no activity in three months.

With this type of account, the customer is limited to an order of 50 checks that must be ordered through the bank and cost approximately $12.50. Only an ATM card is allowed with this type of account and there is a one time fee of $5.00 for the card.