Products and Services

Regular Savings | Regular Checking | Business/Commercial Checking | Interest Checking
Citizens Bank Club | Non-Profit Checking | Personal Money Market | Comm. Money Market
Century Checking | Prime Access Checking | Christmas Club Account
Certificates of Deposit | IRA | IRA Savings
ATM Cards and VISA Check Cards | Miscellaneous Fees | Our Lending Policy | Current Rates

Regular Savings Account
A $100.00 minimum to open account (no minimum for minors). Interest paid quarterly, at the current market rate of interest. A $5.00 service charge for a monthly average balance under $100.00. Three free withdrawals per month and $5.00 service charge for each one after. (Minors, Senior Citizens, and Non-Profit are not charged).

Regular Checking Account
No minimum balance, and no monthly service charge. Absolutely no "per check" charges. ATM card provided, free of charge. $50.00 deposit required to open.

Business/Commercial Checking Account
Absolutely NO "per check" charges. For accounts with an average ledger balance < $250.00 during the monthly statement cycle, a $7.00 service charge will be assessed. For accounts with an average ledger balance of $250.00 - $499.99 during the monthly statement cycle, a $6.00 service charge will be assessed. For accounts with an average ledger balance $500.00 - $999.99 during the monthly statement cycle, a $5.00 service charge will be assessed. For accounts with an average ledger balance $1000.00 or greater during the monthly statement cycle, no service charge will be assessed. Charges do not apply to nonprofit organizations. Accounts with high volume may be subject to account analysis.

Interest Checking (N.O.W) Account
No monthly fee if you maintain a $1000.00 average daily balance during the monthly statement cycle. NOW Account service fee of $7.97 if the average daily balance for the statement cycle is less than $1000.00. You are NOT charged if the account balance falls below $1000.00 on any given day of the cycle if the average balance for the entire cycle is $1000.00 or more. ATM card provided free of charge. Interest Checking accounts earn the market rate of interest. Commercial businesses are not elegible to open a N.O.W. Account.

The Citizens Bank Club
FREE checks. NO minimum balance requirement. Unlimited checking activity. No issue fees for Travelers Checks, Cashier Checks, or Money Orders. Accidental Death & Dismemberment insurance. Here are the Club options:
1. Basic Club - Fee: $7.97 Monthly. $15,000 of Death & Dismemberment Insurance.
2. Bonus Club - Fee: $9.97 Monthly. $25,000 of Death & Dismemberment Insurance.
3. Club 50 - Fee: $6.97 Monthly. $15,000 of Death & Dismemberment Insurance.
4. Club 50 Gold - Fee: $8.97 Monthly. $25,000 of Death & Dismemberment Insurance.

Non-Profit Checking Account
No minimum balance requirement and no monthly service charge.

Personal Money Market Account
Average Daily Balance requirement of $1250.00 for the statement cycle. If the average daily balance falls below $1250.00, a $6.97 service is accessed. No charge for the balance falling below $1250.00 on any given day of the cycle if the average daily balance for the entire cycle is $1250.00 or more. If the daily balance falls below $1250.00 on any given day of the cycle, interest will be calculated at the regular savings rate for that day. Monthly limit of 3 third-party checks and 3 intra-bank or telephone transfers. $3.00 charge for each debit transaction in excess of 6 during the calendar month. Account earns market rate of interest.

Commercial Money Market Account
Average Daily Balance requirement of $1500.00 for the statement cycle. If the average daily balance falls below $1500.00, a $6.97 service fee is accessed. No charge for the balance falling below $1500.00 on any given day of the cycle if the average daily balance for the entire cycle is $1500.00 or more. Balances of $10,000 or greater will receive a special rate. This rate is subject to change weekly. For daily balances of $1500.00 - 9,999.99, interest is calculated at the personal money market rate. If the daily balance falls below $1500.00 on any given day of the cycle, interest will be calculated at the regular savings rate for that day. Monthly limit of 3 third-party checks and 3 intra-bank or telephone transfers. $3.00 charge for each debit transaction in excess of 6 during the calendar month.

Century Checking Account
No monthly fee if you maintain a $5,000.00 average daily balance during the monthly statement cycle.  CENTURY CHECKING service fee of $10.00 if the average daily balance of the monthly statement cycle is less than $5,000.00.  You are not charged if the account balance falls below $5,000.00 on any given day of the cycle if the average balance for the entire cycle is $5,000.00 or more.  If the balance falls below $5,000.00, then the interest will be paid at the regular NOW ACCOUNT rate on the days the balance is below $5,000.00.  Minimum deposit of $5,000.00 to open.  Free Checks.  ATM Card provided.

Prime Access Checking Account
No monthly fee if you maintain a $10,000.00 average daily balance during the monthly statement cycle.  PRIME ACCESS CHECKING service fee of $15.00 if the average daily balance for the monthly statement cycle is less than $10,000.00.  You are not charged if the account balance falls below $10,000.00 on any given day of the cycle if the average balance for the entire cycle is $10,000.00 or more.  If the balance falls below $10,000.00, then the interest will be paid at a lower rate (1.00%) on the days the balance is below $10,000.00.  The rate will be based on the percentage of the Wall Street Journal Prime Rate and account balance.  Minimum deposit of $10,000.00 to open.  Free Checks.  ATM Card provided.  See current rates in table below.

Christmas Club Account
No monthly service charge, and no minimum balance. Interest is paid annually at the market rate of interest.

Certificates of Deposit
Minimum deposit of $1,000.00 required. Various terms for 30 days to 36+ months. Contact us for rates!

IRA Account
Fixed rate 12 to 36 months certificate of deposits. $500.00 minimum opening deposit. Contact us for rates!

IRA Savings Account
$100.00 minimum opening deposit. You may make deposits at any time. Account will earn the market rate of interest.

ATM Cards and Visa Check Cards
The Citizens Bank of East Tennessee is a member of the Star and Cirrus Networks, allowing our customers 24-hour access to cash at ATM locations nationwide. Furthermore, our 24-hour banking card gives you the ability to make purchases at any merchant that accepts Visa. Ask us for details!

Our Lending Policy
The Citizens Bank of East Tennessee offers traditional lending services at competitive rates. Commercial loans, real estate mortgages, home equity and home improvement loans, personal, student and agricultural loans, and personal lines of credit are among the services offered. The Citizens Bank of East Tennessee is an equal housing lender.

Current Rates

**Rates Subject to change.
**Rates effective as of 06/25/2008
**Minimum balance of $1,000.00 required to get Annual Percentage Yield.
**Minimum opening deposit of $1,000.00 required.
**Fees could reduce earnings.
**Early Withdrawal penalties may apply.