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Merchant Services

The capability to accept credit and debit cards offers a business many advantages including: convenience and flexibility for your customers, faster and more efficient transactions, and the elimination of returned checks.

Choosing The Citizens Bank to maintain your merchant account means choosing local people at a local bank to help your local business. You don't need to call an 800 number to reach a service representative. Your representative is located right in Philadelphia. In addition, you will have access to a support number 24 hours a day, 7 days a week.

Fees:

Monthly Maintenance $7.00
Monthly Statement Fee $2.50
Terminal Rental $20.00 per month
Terminal Purchase Varies by machine

**No contract is required - cancel anytime with no early cancellation fee.

The Citizens Bank of Philadelphia is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2010, all noninterest-bearing transaction accounts as well as certain eligible NOW accounts which earn .25% annual interest or less are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.

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