Products and Rates
Products |
Checking Accounts |
| E-Access Checking |
| Access Checking |
| Privileges Checking |
| Commercial Checking |
Interest Checking |
| N.O.W. Checking |
| Advantage Checking |
| Money Matters- Money Market |
Savings Accounts |
| Citizens Savings |
| "Pig E. Savings" For Minors < 18 |
| Christmas Club Savings |
| I.R.A. Saving |
| Certificates of Deposit |
| I.R.A. CD Account |
Minimum Opening Balance |
Minimum Average Daily balance |
Maintenance Fee if Average Daily balance Falls Below the Minimum |
Interest Bearing Account |
Interest Rate |
Annual Percentage Yield |
Monthly Club Service Fees |
ATM or Visa Check Card |
Free Official Checks |
Free Personal Checks |
Number of Transactions Limit |
| $50.00 | None | N/A | No | N/A | N/A | N/A | Yes | No | N/A | None |
| $50.00 | None | N/A | No | N/A | N/A | N/A | Yes | No | No | None |
| $100.00 | None | N/A | No | N/A | N/A | See Chart | Yes | Yes | Yes | None |
| $100.00 | $1,000.00 | $8.00 | No | N/A | N/A | N/A | Yes | No | No | Yes* |
| $1,000.00 | $1,000.00 | $8.00 | Yes | 0.10% | 0.10% | N/A | Yes | No | No | None |
| $5,000.00 | $5,000.00 | $15.00 | Yes | See Rate | Chart Below | N/A | Yes | No | Yes | None |
| $1,250.00 | $1,250.00 | $7.00 | Yes | See Rate | Chart Below | N/A | No | No | No | Yes** |
| $100.00 | $100.00 | $5.00 | Yes | 0.20% | 0.20% | N/A | N/A | No | N/A | Yes*** |
| None | None | N/A | Yes | 0.25% | 0.25% | N/A | N/A | No | N/A | Yes*** |
| None | None | N/A | Yes | 0.29% | 0.29% | N/A | N/A | No | N/A | Yes*** |
| None | None | N/A | Yes | 0.50% | 0.50% | N/A | N/A | No | N/A | None |
| $1,000.00 | N/A | N/A | Yes | See Rate | Chart Below | |||||
| $500.00 | N/A | N/A | Yes | See Rate | Chart Below | |||||
Privileges Club Account Fee Chart
| Level | Monthly Club Service Fee | Accidental Death & Dismemberment Insurance Benefit |
| Basic | $8.00 | $15,000 |
| Bonus | $10.00 | $25,000 |
| Club 62+ | $7.00 | $15,000 |
| Club 62+ Gold | $9.00 | $25,000 |
Advantage Checking & Money Matters Rate Chart
| Product | Average Daily Balance Tiers | Interest Rate | Annual Percentage Yield |
| Advantage Checking | $0.01 - $24,999.99 | 0.08% | 0.08% |
| $25,000 - $99,999.99 | 0.15% | 0.15% | |
| $100,000.00 & Over | 0.20% | 0.20% | |
| Money Matters - Money Market | $0.01 - $1,249.99 | 0.15% | 0.15% |
| $1,250.00 & Over | 0.20% | 0.20% |
* Commercial Checking Accounts with high transaction volumes of over 600 items per calendar month may be subject to account analysis fees.
** Money Matters - Money Market Accounts have a limit of 6 third-party checks, intra-bank account transfers or telephone transfers per monthly cycle. A $3.00 service charge fee applies for each debit transaction in excess of six (6) during the calendar month.
*** Savings Accounts have a monthly withdrawal transaction limit of six (6) withdrawals per calendar month. A $5.00 service charge for each withdrawal over the limit will be accessed per calendar month. (These charges do no apply to Senior Citizens over 55 years of age, “Pig E. Savings” Accounts or Non-Profit Organization Savings Accounts.
Certificate of Deposit Rate Chart
| CD Term | Interest Rate^ | Annual Percentage Yield^ |
| 31 Days | 0.15% | 0.15% |
| 60 Days | 0.20% | 0.20% |
| 90 Days | 0.20% | 0.20% |
| 182 Days | 0.20% | 0.20% |
| 12 Months | 0.25% | 0.25% |
| 18 Months | 0.40% | 0.40% |
| 24 Months | 0.50% | 0.50% |
| 30 Months | 0.65% | 0.65% |
| 36 Months and Over | 0.75% | 0.75% |
| 48 Months and Over | 1.00% | 1.00% |
| 60 Months and Over | 1.15% | 1.15% |
^Minimum balance of $1,000.00 required to get Annual Percentage Yield.
^Minimum opening deposit of $1,000.00 required for Certificates of Deposit
^Early Withdrawal penalties may apply.
IMPORTANT NOTICE – The rates quoted in the charts above are effective as of April 9, 2013. All rates are subject to change. Fees could reduce earnings.
ATM Cards and Visa Check Cards
The Citizens Bank of East Tennessee is a member of the Star, Cirrus and Plus Networks, allowing our customers 24-hour access to cash at ATM locations nationwide. Furthermore, our Visa Check Card gives you the ability to make purchases at any merchant that accepts Visa. Ask us for details!
Wire Transfer
Incoming Wire Fee - $15.00 (Domestic) - $15.00 (International)
Outgoing Wire Fee - $20.00 (Domestic) - $100.00 (International)
Our Lending Policy
The Citizens Bank of East Tennessee offers traditional lending services at competitive rates. Such as commercial loans, real estate mortgages, home equity loans, personal loans and agricultural loans are among the many services offered. The Citizens Bank of East Tennessee is an equal housing lender.
Small Business Loans – See our small business lending division at http://www.civiscapital.com
