Savings & CDs

Building your own financial plan? It's easier than it sounds because we're with you every step of the way. Start by making a small checklist of your financial goals. Consider what's most important to you. Is it paying off credit card debt? Building an emergency fund? Investing in a Roth IRA? Or all of the above?

Our savings account options have been tailored to fit a variety of needs. We'll do everything we can to help you obtain the financial freedom you deserve.

Kasasa Saver

Score big savings with a KASASA SAVER!

KASASA SAVER ® pays higher interest than an average savings account. It connects to your KASASA CASH ®  or KASASA CASH BACK ®  checking, and there's no minimum balance required to earn the higher rate. Working together, these accounts can make your savings really add up. Just meet the easy qualifications on your KASASA CASH or KASASA CASH BACK checking, and watch your savings grow.

  • Earn 0.75% APY* on balances up to $15,000, if qualifications are met
  • Earn 0.25% APY* on balances over $15,000, if qualifications are met
  • Earn 0.01% APY*, if qualifications are NOT met on KASASA CASH and KASASA CASH BACK
  • No monthly service fee
  • No minimum balance to earn rewards
  • Free online banking
  • Free mobile banking
  • Free eStatements
  • Free automated telephone banking service
  • $100 minimum opening deposit

Earning rewards is as simple as 1,2,3!

Qualifying for your KASASA CASH or KASASA CASH BACK rewards automatically qualifies you for the highest KASASA SAVER rate, too. To earn your rewards just do the following transactions and activities in your KASASA CASH or KASASA CASH BACK account during each Monthly Qualification Cycle:

  1. Have at least 12 debit card purchases post and settle
  2. Be enrolled in and agree to receive eStatements
  3. Have at least 1 automatic payment (ACH) direct deposit or auto debit posit and settle

It's really that easy! But if you don't qualify during the cycle, don't worry -- your account is still free and earns our base interest rate. And you can get back to earning your full rewards the very next cycle!

*APY=Annual Percentage Yield. APYs accurate as of 02/01/2016. Rates may change after account is opened. Minimum to open is $50 for Kasasa Cash Back and $100 for Kasasa Saver. When monthly qualifications are met, you will receive 2.50% cash back on debit card purchases that post to and settle account during monthly qualification cycle up to a total cash back of $10 per monthly qualification cycle. Domestic ATM fees incurred using Kasasa Cash Back debit card during qualification cycle will be reimbursed, if qualifications are met within monthly qualification cycle. Qualifying transactions must post to and settle account during the monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle an account. ATM-processed transactions and transfers between accounts do not count towards qualifying debit card transactions. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. Kasasa Cash Back rewards will be credited to your Kasasa Saver account on the last day of the monthly statement cycle. If qualifications in Kasasa Cash Back are met each monthly qualification cycle: (1) balances up to$15,000 in Kasasa Saver receive an APY of 0.75%; and (2) balances over $15,000 in Kasasa Saver earn 0.25% interest rate on the portion of the balance over$15,000, resulting in 0.75% to 0.25% APY depending on the balance. If qualifications are not met on Kasasa Cash Back, all balances in the Kasasa Saver earn 0.01% APY. Third-Party message, data and/or internet service provider rates may apply. Maximum 18 withdrawals per quarter; Limited free withdrawals 9 per quarter (over 9 $2 per withdrawal). Transaction fees may apply. Fees could reduce earnings. Limit one account per SSN.

Essential Personal Reserve

If you’re looking for a foundation to help meet your financial goals, then look no further!

Simple and Sweet, this is the best account to provide an easy and convenient way to save for the future. This simple, straightforward account makes it easy to focus on your financial goals. Sometimes, the little things can go along way!

  • Competitive Interest Rate
  • Interest compounded and paid quarterly
  • Free online banking
  • Free mobile banking
  • Free eStatements *
  • Free automated telephone banking service
  • Transaction fee will apply after nine withdrawals per quarter
  • Limited to 6 pre-authorized transfers or third-party checks per calendar month
  • $100 minimum opening deposit
  • No service charge for balances over $100
  • $6 quarterly service charge fee if balance drops below $100

*$2 monthly fee for paper statements; maximum 18 withdrawals per quarter; Limited free withdrawals 9 per quarter (over 9 $2 per withdrawal). Transaction fees may apply. Fees could reduce earnings.

Save for America School Savings Program

Start your children early on the road to financial success!

Citizens Bank is a proud member of the Save for America School Savings Program, which offers children a chance to learn about saving first hand.

The Save for America School Savings Program is supported by the U.S. Department of Education, U.S. Department of Treasury, Savings Bond Division, The White House, The Federal Reserve, San Francisco Branch, and National Association of Elementary School Principals because it has a curriculum that will help teach children how to save money while helping with math and other skills.


By participating in the Save for America program, your child will learn what a savings account is, the advantages of saving, how a savings account grows as it earns interest, and how to compute interest. Your child will be able to actually go to the bank at school on “Deposit Day”.

CLICK HERE to access the program's brochure entitled "I'm Learning to Save at School".

Because Citizens Bank believes so strongly that your child's participation in the School Savings Program can help them make good money handling decisions as they become adults, we provide a $1.00 coupon to open your child a School Savings Account.

If you have any additional questions, please contact Kathryn Love at 423-526-5005.

Christmas Cash Club

Do you want a stress free holiday season?

Well we can’t ensure that, but a Christmas Cash Club sure can help! Enjoying your holidays will be a whole lot easier if you plan for it. Periodically (you can decide on weekly, bi-weekly, or monthly) we will automatically deduct and deposit the amount specified into your Christmas Cash Club account. In mid-November, we will deposit your overall savings plus interest back into your original account - just in time for the holidays.

  • Interest Bearing
  • Minimum $10/draft
  • Must have Citizens Bank deposit account
  • No monthly service fee

Money Market

Want it all but don’t want to lock up funds?

Our Money Market account is ideal if you’ve built a nest egg, want higher interest, but don’t want to lock up funds. This account provides the best of both worlds via our tiered rates and access to funds.

Not only do you retain access, but you add check writing capabilities. Who says you can’t have your cake and eat it too! Your money is your money and we just help you grow it!


*$2 fee for paper statements; Account Limitations: No more than six (6) pre-authorized, automatic, or telephone transfers may be made from each account to another account or to a third party in any month. There are unlimited withdrawals inside the Bank. If you exceed these limitations, your account may be subject to a fee or be closed. Third-Party message, data and/or internet service provider rates may apply. Transaction fees may apply. Fees may reduce earnings.

Certificate of Deposit

Maximize your earnings without effort!

Lock in your savings with the help of a Certificate of Deposit with us! With fixed-rate CDs there are no markets to watch or trends to analyze. Just pick your term and watch the returns grow.

  • Fixed rates, above standard savings rates
  • Receive an even higher rate by selecting a longer term
  • Locked-in rates provide more guarantee than other risky investments
  • A variety of terms available from 91 days to 60 months*
  • No setup or maintenance fees
  • Free online banking
  • Free mobile banking
  • Free eStatements
  • Free automated telephone banking service
  • $5,000 minimum opening deposit

*Early withdrawal subject to penalty

Individual Retirement Account

Why not enjoy the “good life”?

Enjoying your retirement will be a whole lot easier if you have the funds to retire. Let us help you get started with an Individual Retirement Account. The sooner you start, the more comfortable your retirement can be.

  • Tax-advantaged retirement savings
  • Competitive dividends above standard savings rates
  • Traditional and Roth IRAs options
  • No setup or maintenance fees
  • Easy IRA rollover plans
  • Deposit as tiered savings or certificate of deposit
  • Annual contribution limits set by IRS
  • Automatically renewable
  • $25 minimum subsequent deposits or larger
  • $250 minimum opening deposit