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Citizens Bank CDs (Certificates of Deposit)
|Citizens Bank CDs or Certificates of Deposit are offered with consistently competitive rates, fixed terms to meet your needs and security from FDIC insurance. It is similar to a saving account but set to a fixed term (for 3 months to five years) and a fixed interest rate. Then at the end of the term, the money may be withdrawn with the accrued interest. The company provides three easy ways to open Certificates of Deposit. You can go for online application from the "Open Now" link on the home page of the bank's official website, or by phone at 1-877-360-CIRCLE. You can also open in person by visiting the nearby banking center. The customers can contact the bankers by phone or email or from the local bank branch to assist and help you to choose the right CD.
The consumers can open with the minimum balance of only $1000 for all the CDs and $250 for IRA CDs and it can have a maximum deposit up to $1,000,000. Given below are the Certificates of Deposit products along with their respective features.
- Circle Banking - Rewards programs, possible of combine balances in the accounts e.g. checking, savings, investing, mortgage and loans to give up maintenance fees, etc.
- Circle Gold Banking - A combination of balances is possible in the accounts for checking, savings, investing and even mortgage and loans to waive maintenance fees, free transactions at other bank's ATM, free standard American Express Travelers Checks.
- IRA CDs - tax defer options, low minimum balance, no annual fee,
Both the products have package rewards for entire relationship with the Citizens Bank.
Citizens Bank branches in Massachusetts (MA), Pennsylvania (PA), Rhode Island (RI), New York (NY), Michigan (MI), New Hampshire (NH), and Connecticut (CT) offer CDs and other related services like savings accounts, money markets, mortgage and loans. You can trust and believe the products and services of this company as it has been serving the clients for more than a century. For further information on Citizens Bank Certificates of Deposit, you can visit the bank's official website provided at the bottom of this page.
Citizens Bank CD Rates
Citizens Bank CD Rates may vary from one region to another region. For example, the interest rates from its headquarters at Providence, Rhode Island (RI) may or may not be similar with that of the regional or corporate offices at Connecticut, Massachusetts, New Hampshire, Pennsylvania, New York, Michigan, Vermont, etc. The customers can check out the current rates from the local Citizens Bank branch or from the bank's official website.
The Citizens Bank CD rates for Circle and Circle Gold on 6th October, 2010 are given below in the table.
|Term ||Circle (APR) ||Gold Circle (APR)|
|15 Months ||0.45% ||0.70%|
|2 Years ||1.00% ||1.25%|
|3 Years ||1.05% ||1.30%|
|5 Years ||1.10% ||1.35%|
Moreover, the rates are subject to change with or without the prior notice and knowledge to the customers and the rates are dependent upon checking account relationship. You can also check out the rates for money markets, mortgage, savings and IRA CD. Citizens Bank has a tool to calculate the CDs. This financial calculator is known as CD Ladder or CD Ladder Calculator.
To get more information on Citizens Bank CDs and rates you can visit the bank's official website given below.