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Business Savings

  • Interest is accrued daily and compounded quarterly.
  • This account requires a minimum balance of $100.00 to open.
  • A $5.00 quarterly service charge will be assessed should the balance fall below $100.00.
  • An activity charge of $5.00 will be applied to withdrawals over three per quarter.
  • Should the account be closed within the first 59 days of opening there will be a $10.00 premature closure charge and forfeit the interest.

Citizens Solid Gold Savings Interest Rates

Annual Percentage Yield Interest Rate
.25% .25%

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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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