Savings With CSB Loyal
| CSB Savings | CSB Money Market | Certificate of Deposit (CD) | |
|---|---|---|---|
| Benefit for you | The easiest way to earn interest | Higher balances earn higher rates | Higher balances earn higher rates |
| Minimum Opening Balance | $100 | $1,000 | $1000 |
| Minimum to Maintain on Account | $100 | $1,000 | N/A |
| Earns Interest | Yes | Tiered interest | Tiered Interest |
| Monthly Service Charge | $5/ month for balances below $100 | $14/month for balances below $1000 | No service charges |
| Other Conditions | N/A | N/A | Penalty for early withdrawal on certificate of deposit |
| More Information | CSB Savings | CSB Money Market | CSB CDs |
CSB Savings Account:
- $100 minimum opening deposit
- Minimum daily balance of $100 required1
- Interest calculated daily and compounded quarterly2
- ATM card available3
- E-Statements available online
- Free access to online banking
- Free 24 hour telephone banking
1Must maintain a daily minimum of $100 to avoid a $5.00 monthly charge. Requirement waived for minors under age 18
2.Rates are variable and may change after account is opened. Fees may reduce earnings on the account
3.ATM cards $3.00 each
For more information call 1-800-599-8399
CSB Money Market
A CSB Money Market Account requires a $1,000 minimum balance1and earns a variable rate of interest with tiered rates
- $1000 minimum opening deposit
- Minimum daily balance of $1000 required1
- Interest calculated daily and compounded monthly
- E-Statements available online
- Free access to online banking
- Free 24 hour telephone banking
- Checks available2
For more information call 1-800-599-8399
CSB Certificates of Deposit
A Certificate of Deposit (CD) is a time deposit account that has a specific period to earn interest. The interest rate is dependent on the rate at the time the initial deposit is made.
- Maturity terms ranging from 91 days to 60 months.1
- Competitive tiered interest rates
- Annual Percentage Yield (APY) for CD’s is calculated using monthly compounding
- $1000 minimum opening deposit unless otherwise stated
1 Penalty for early withdrawal
For more information call 1-800-599-8399
Christmas Savings
Looking for an easy way to save for holiday shopping? Check out Citizens State Bank of Loyal's Christmas Savings Account!
- $10 opening deposit required
- Earns Interest1
- No maintenance fees
- Automatic transfers into account can be set up
- Principal plus interest paid annually in October every year2
1.Simple interest calculated daily and paid annually. Interest is forfeited for early withdrawal. Rates are variable and may change after account is opened.
2. Interest paid annually, no compounding
Not available for overdraft protection or ATM card