Rates

Deposit rates are effective as of February 1, 2017 and are subject to change.  If you would like current rate information, please contact one of our Citizens Savings Bank branch offices or call 800.692.6279. 

Free Kasasa Cash Checking*

Balance Rate APY
$0 - $20,000 2.23% 2.25%
$20,000+ 0.15% 2.25 to 0.57%
All balances if qualifications not met 0.01% 0.01%

*Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account’s rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions and purchases made with debit cards not issued by our bank. “Monthly Qualification Cycle” means a period beginning one (1) business day prior to the first day of the current statement cycle through one (1) business day prior to the close of the current statement cycle. 

Reward Information: When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, (1) Balances up to $20,000 receive APY of 2.25%; and balances over $20,000 earn 0.15% interest rate on the portion of balance over $20,000 resulting in a range from 2.25% to 0.57% APY depending on the account’s balance and (2) you will receive reimbursements up to $20 for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. An ATM receipt must be presented within thirty (30) calendar days of transaction for reimbursements of individual ATM fees of $5.01 or higher. When Kasasa Cash qualifications are not met, all balances in the account earn 0.01% APY and ATM fees are not refunded. Interest and ATM fee reimbursements will be credited to your Kasasa Cash account on the last day of statement cycle. APY = Annual Percentage Yield. APYs accurate as of 2/01/17. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings.

Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. $25 minimum deposit is required to open the account. Monthly enrollment in online banking, receipt of electronic statements is are condition(s) of this account. Enrollment in electronic services (e.g. online banking, mobile banking, electronic statements) and log-ons may be required to meet some of the account’s qualifications. Limit 1 account per social security number. There are no recurring monthly service charges or fees to open or close this account. Contact one of our bank service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC. Kasasa and Kasasa Cash are trademarks of BancVue, Ltd., registered in the U.S.A.

Free Kasasa Saver*

Balance Interest Rate APY
0 - $50,000 0.75% 0.75%
$50,000+ 0.10% 0.75 to 0.43%
Qualifications not met 0.05% 0.05%

*Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account’s rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions and purchases made with debit cards not issued by our bank. “Monthly Qualification Cycle” means a period beginning one (1) business day prior to the first day of the current statement cycle through one (1) business day prior to the close of the current statement cycle.

Reward Information: When your Kasasa Cash or Kasasa Cash Back account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your account(s) on the last day of the statement cycle: Kasasa Saver: Balances up to $50,000, receive APY of 0.75%; and balances over $50,000 earn 0.10% interest rate on the portion of balance over $50,000, resulting in a range from 0.75% to 0.43% APY depending on the account’s balance. Kasasa Cash: Balances up to $20,000 receive a non-compounding APY* of 2.25%; and balances over $20,000 earn 0.15% interest rate on the portion of balance over $20,000, resulting in a non-compounding range from 2.25% - 0.57% APY* depending on the account’s balance. Kasasa Cash Back: 2.50% cash back on up to a total of $400.00 PIN- or signature-based debit card purchases that post and settle to the account during that cycle period. A maximum of $10.00 cash back may be earned per Monthly Qualification Cycle. When Kasasa Cash and Cash Back qualifications are not met, Kasasa Saver: All balances earn 0.05% APY. Kasasa Cash: All balances earn a non-compounding APY* of 0.01%. Kasasa Cash Back: No cash back payments are made. *When linked to the Kasasa Saver account, the interest earned within the Kasasa Cash account does not compound since it is automatically transferred to the Kasasa Saver account within one day. This automatic transfer may cause an overdraft to your Kasasa Cash account if the account’s balance is less than the transferred amount when transfer occurs. APY = Annual Percentage Yield.  APYs accurate as of 2/01/17. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings.

Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. No minimum deposit is required to open the account. Monthly enrollment in online banking and receipt of electronic statements are conditions of this accounts. Enrollment in electronic services (e.g. online banking, mobile banking, electronic statements) and log-ons may be required to meet some of the account’s qualifications. Limit 1 account per social security number. An account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. There are no recurring monthly service charges or fees to open or close this account. Contact one of our customer service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC. Kasasa, Kasasa Cash, Kasasa Cash Back and Kasasa Saver are trademarks of BancVue, Ltd., registered in the U.S.A.

Checking & Savings Accounts

Deposit rates are effective as of February 1, 2017 and subject to change.

Account Type Account Balance to Earn Interest Interest Rate APY Minimum Balance 
to Avoid 
Service Charge
Advantage 50+ Checking All Balances 0.05% 0.05% None
Regular Passbook Savings All Balances
0.05% 0.05% $100
Premium Passbook Savings $25,000.00 and over 0.20% 0.20% $100
$15,000.00 to $24,999.99 0.15% 0.15% $100
$5,000.00 to $14,999.99 0.10% 0.10% $100
$0.01 to $4,999.99 0.05% 0.05% $100
Statement Savings All Balances 0.05% 0.05% $100
Club Accounts All Balances 0.05% 0.05% None

Regular Savings account rates varies depending on account type.

Passbook Savings Rates: Account holders have two ways to earn competitive interest with Passbook Savings. Get either with a single rate with Regular Passbook or tiered interest rates with Premium Passbook.

Statement Savings Rate: Account holders earn competitive interest with a single rate.

Money Market Account

Money Market Account rates are effective as of February 1, 2017 and subject to change.

Account Balance to Earn Interest Interest Rate APY Minimum Balance to Avoid Service Charge
$50,000.00 and over 0.60% 0.60% $1,000.00
$25,000.00 to $49,999.99 0.20% 0.20% $1,000.00
$10,000.00 to $24,999.99 0.10% 0.10% $1,000.00
$0.00 to $9,999.99 0.05% 0.05% $1,000.00

Fees may reduce earnings on the accounts. For variable accounts - rates may change after account is opened.

Certificate of Deposit Accounts

Certificate of Deposit rates are effective as of February 1, 2017 and subject to change.

Term Minimum to Open Interest Rate APY
91 Day $1,000.00 0.10% 0.10%
182 Day $1,000.00 0.15% 0.15%
9 Month $1,000.00 0.25% 0.25%
12 Month $1,000.00 0.30% 0.30%
13 Month $5,000.00 1.00% 1.01%
15 Month $1,000.00 0.35% 0.35%
18 Month $1,000.00 0.40% 0.40%
20 Month $1,000.00 0.45% 0.45%
24 Month $1,000.00 0.50% 0.50%
25 Month $1,000.00 0.50% 0.50%
30 Month $1,000.00 0.60% 0.60%
36 Month $5,000.00 1.30% 1.31%
48 Month $1,000.00 1.00% 1.00%
60 Month $1,000.00 1.14% 1.15%
72 Month $1,000.00 1.24% 1.25%

Penalty may be required for early withdrawal on certificate of deposit accounts.
APY - Annual Percentage Yield.

Traditional IRA

IRA Account rates are effective as of February 1, 2017 and subject to change.

Term Minimum to Open Interest Rate APY
12 Month $100.00 0.30% 0.30%
13 Month $100.00 0.30% 0.30%
15 Month $100.00 0.35% 0.35%
18 Month $100.00 0.40% 0.40%
30 Month $1,000.00 0.60% 0.60%
48 Month $1,000.00 1.00% 1.00%
72 Month $1,000.00 1.24% 1.25%

Coverdell - Education IRA

Term Minimum to Open Interest Rate APY
12 Month $100.00 0.30% 0.30%
18 Month $100.00 0.40% 0.40%
30 Month $1,000.00 0.60% 0.60%
48 Month $1,000.00 1.00% 1.00%
72 Month $1,000.00 1.24% 1.25%

Roth IRA

Term Minimum to Open Interest Rate APY
12 Month $100.00 0.30% 0.30%
18 Month $100.00 0.40% 0.40%
30 Month $1,000.00 0.60% 0.60%
48 Month $1,000.00 1.00% 1.00%
72 Month $1,000.00 1.24% 1.25%

Penalty may be required for early withdrawal on IRA accounts

Mortgage Rates

Mortgage rates are effective as of July 10, 2017 and subject to change.

Fixed & Adjustable Rate Mortgage Loans

Term Type Points Purchase/Refinance Interest Rate Purchase/Refinance APR1 Construction Interest Rate Construction APR1
120 Months Fixed 0 3.125% 3.282% 3.125%  3.331%
180 Months Fixed 0 3.250% 3.359% 3.250% 3.403%
240 Months Fixed 0 3.750% 3.836% 3.750% 3.877%
360 Months Fixed 0 3.990% 4.053% 3.990% 4.080%
360 Months One Year ARM 0 3.125% 2.946% 3.125% 2.976%
360 Months Three Year ARM 0 3.500% 3.050% 3.500% 3.136%
360 Months Five Year ARM 0 3.875% 3.264% 3.875% 3.354%

Our adjustable rate mortgages (ARMs) offer one, three, and five year adjustment periods with terms up to 30 years. Your monthly payment may increase if the interest rate rises, or decrease if the interest rate falls. Your loan will be subject to rules that limit the amount of these increases or decreases.

  • Maximum rate change per adjustment period = 2%
  • Maximum rate change over life of loan = 5%
  • Adjustable Rate Mortgage (ARM) Index = one year Treasury Index + 2.75%
  • Adjustment periods:
    • 1/1 ARM – fixed rate for one year; adjustable rate every year thereafter
    • 3/1 ARM – fixed rate for three years; adjustable rate every year thereafter
    • 5/1 ARM – fixed rate for five years; adjustable rate every year thereafter

Costs (Due at time of Application)

$ 100.00 Application Fee
$ 44.00 Credit Report Fee
$ 19.50 Flood Certification
$ 350.00 Appraisal Fees 
(Additional costs for multifamily units)

Primary and Secondary Homes (1-4 Family Owner- Occupied)

Jumbo Loans: Defined as single family loans greater than $400,000. Financing is available for Jumbo loans greater than $400,000 at special rates and terms. 

Bi-weekly Loans: A type of payment choice that will enable the borrower to pay their mortgage early and save a significant amount of money. 

Automatic Debiting: The rates shown above reflect a .25% reduction for authorization payment from a Citizens Savings Bank checking or savings account. 

1Annual Percentage Rate. In the chart above, the APR was calculated using an assumed loan amount of $100,000 amortized over the maximum term and a loan to value of 80%

Non-Owner Occupied (1-4 Family Units)

Term Type Points Purchase/Refinance Interest Rate Purchase/Refinance APR
120 Months Fixed 1 6.000% 6.382%
180 Months Fixed 1 6.250% 6.532%
240 Months Fixed 1 6.500% 6.720%
240 Months One Year ARM 1 6.250% 3.193%

Jumbo Loans: Defined as single family loans greater than $400,000. Financing is available for loans up to $600,000 at special rates and terms. 

Bi-weekly Loans: A type of payment choice that will enable the borrower to pay their mortgage early and save a significant amount of money. 

Automatic Debiting: The rates shown above reflect a .25% reduction for authorization payment from a Citizens Savings Bank checking or savings account. 

Land & Lot Loans

Term Type Points Interest Rate APR1
120 Months Fixed Rate-Five Year Balloon 0 6.875% 6.909%
180 Months Fixed Rate-Five Year Balloon 0 6.875% 6.909%

Costs
$ 175.00 Appraisal Fee
$ 4.00 Credit Report Fee

Automatic Debiting: The rates shown above reflect a .25% reduction for authorization payment from a Citizens Savings Bank checking or savings account. 

1Annual Percentage Rate. In the charts above, the APR was calculated using an assumed loan amount of $100,000 amortized over the maximum term.

Home Equity Loans

Term Type Owner-Occupied
Interest Rate
Owner-Occupied
APR2
Non-Owner-Occupied
Interest Rate
Non-Owner-Occupied
APR2
To 60 Months Promotional Fixed 2.750% 2.754% 5.750% 5.990%
To 120 Months Promotional Fixed 3.490% 3.494% 6.000% 6.250%
To 180 Months Fixed 4.125% 4.250% 6.500% 6.750%

If loan is paid off within 24 months of the origination date, the borrower will be responsible to reimburse Citizens Savings Bank for all third party origination fees paid.

No Bank Fees Special Offer: "NO BANK FEE" promotion on all owner-occupied Home Equity Loan Products except the cost of recording the mortgage. Call us for details at 800.692.6279.

2Annual Percentage Rate. The rate shown is a variable rate and adjusts monthly based on the prime rate published in the Wall Street Journal.

Owner Occupied Home Equity Products maximum loan to value ratio is 80%

Non-Owner Occupied Equity Products maximum loan to value ratio is 67%

Home Equity Line of Credit

Introductory Rate for 1st 6 months is 1.99%
Floor rate 3.75%
Prime rate4.25%

If line is paid off within 24 months of the origination date, the borrower will be responsible to reimburse Citizens Savings Bank for all third party origination fees paid.

No Bank Fees Special Offer: "NO BANK FEE" promotion on all owner-occupied Home Equity Line Products except the cost of recording the mortgage. Call us for details at 800.692.6279.

The rate shown is a variable rate and adjusts monthly based on the prime rate published in the Wall Street Journal.

The introductory rate will be in effect for 6 months, then the greater of either the prime rate or floor rate will apply.

Owner Occupied Home Equity Products maximum loan to value ratio is 80%

Non-Owner Occupied Equity Products maximum loan to value ratio is 67%

Non-Owner Occupied Lines of Credit

Greater of prime or floor + 1.50%  currently 5.25%

The rate shown is a variable rate and adjusts monthly based on the prime rate published in the Wall Street Journal.

Owner Occupied Home Equity Products maximum loan to value ratio is 80%

Non-Owner Occupied Equity Products maximum loan to value ratio is 67%

Auto Loans

Auto loan rates are effective as of July 14, 2017 and subject to change.

Automobile Loan Type

Term APR3
New
To 36 Months 3.50%
New To 48 Months 4.00%
New To 60 Months 4.25%
Used Yr 14-16 To 60 Months 4.75%
Used Yr 14-16 To 36 Months 4.00%
Used Yr 14-16 To 48 Months 4.50%
Used Yr 11-13 To 36 Months 4.75%
Non-Purchase 11-16 To 36 Months 4.75%

20% Minimum Down Payment is Required.

3Annual Percentage Rate. Rates shown above reflect a .25% reduction for automatic payment from a CSB checking or savings account.

Personal Loans - Secured

Personal Loan rates are effective as of July 14, 2017 and subject to change.

Term APR4
Up to 72 Months 3.75% or 2% above earnings rate
whichever is higher*

*Loans collateralized by savings or certificate of deposit amount

4Annual Percentage Rate. Note: 2% above the earnings rate whichever is higher.

Personal Loans - Unsecured

Personal Loan rates are effective as of July 14, 2017 and subject to change.

Term APR5
36 Months 7.99%
(Special Promotional Rate)

Note: Minimum Loan Amount $2000/Maximum Loan Amount $7,500

This information is meant to be a summary, further restrictions may apply. Contact one of our branch offices or call 800.692.6279 for additional information.

5Annual Percentage Rate. Rates shown above reflect a .25% reduction for automatic payment from a CSB checking or savings account.