Citizens South Bank
519 South New Hope Road
PO Box 2249
Gastonia, NC 28053-2249
Toll Free (800) 218-8619
Local (704) 868-5200
Savings Plans
- Savings Plans for Life
- Statement Savings Account
- MoneyPro Account
- Money Market Special
- Certificates of Deposit
- CDARS
Savings Plans For Life
Looking for an affordable, secure way to provide for life's opportunities and surprises? You'll find money- saving, money-making savings plans at Citizens South -- all designed to allow you to tailor a savings program that meets or exceeds your demands for affordable, FDIC Insured savings investments.
Statement Savings Account
| Minimum to open | $ 50.00 |
| Minimum to avoid monthly charges | $ 200.00 |
| Monthly Maintenance Fee | $ 5.00 |
- ACH Activity allowed
- 3 withdrawals per calendar month - excess withdrawals are $5 each
- Statements generate monthly only during months where there is ACH activity on the account - otherwise they are generated quarterly
- Free Online Banking
MoneyPro Account
| Minimum to open | $ 1,000.00 |
| Minimum to avoid monthly charges | $ 1,000.00 |
| Monthly Maintenance Fee | $ 7.00 |
| Interest Tiered |
- Up to 6 pre-authorized withdrawals (automatic draft, online, phone, check or debit card) per statement cycle - excess withdrawals are $5 each*
- Unlimited over-the-counter and ATM withdrawals
- Free Online Banking
*In addition, if you exceed these limits on more than an occasional basis, federal regulations require us to close your account or convert it to a different account type.
Money Market Special
| Minimum to open | $ 10,000.00 |
| Minimum to avoid monthly charges | $ 10,000.00 |
| Monthly Maintenance Fee | $ 10.00 |
| Interest Tiered |
- Up to 6 pre-authorized withdrawals (automatic draft, online, phone, check or debit card) per statement cycle - excess withdrawals are $5 each*
- Unlimited over-the-counter and ATM withdrawals
- Free Online Banking
*In addition, if you exceed these limits on more than an occasional basis, federal regulations require us to close your account or convert it to a different account type.
Certificates Of Deposit
Citizens South offers you a wide selection of terms in FDIC Insured CDs, with an affordable minimum balance. From short- term to long-term, there's a Citizens South CD to help you achieve your investment goals.
Ask your Citizens South representative about "laddering" CD terms to increase your earnings!
CDARS
As a member of the CDARS (“cedars”) Network, we can enable you to make CD investments up to $50 Million and access full FDIC insurance eligibility on every dollar. Using CDARS is a smart way to maximize the return on your assets while maintaining FDIC protection—and your peace of mind. Ask us for details or a quote of our current CD terms and interest rates.
*Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement describing the placement of funds by us with other FDIC-insured institutions in amounts under $100,000. CDARS is a registered service mark of Promontory Interfinancial Network, LLC.
Citizens South Bank is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2010, all noninterest-bearing transaction accounts 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.
