| Citizens Bank |
This Account Is For You If... |
Minimum Opening Balance |
Service Fees |
Special Features |
| Certificates of Deposit |
You want to earn more interest on your money. |
$1,000.00 for 18 Month CD $2,500.00 for any other term CD |
Early withdrawal penalty depending on the term. |
Can be used as a short or long term investment. Flexible payment of interest. Can be used as collateral for a loan. |
| Traditional IRA |
You wish to save for your retirement years while obtaining tax benefits today. |
$50.00 |
Early withdrawal penalty. |
Available for long term investments. Great tax deferral vehicle for saving for retirement. |
| Educational IRA |
You wish to save money for educational expenses for children and grandchildren. |
$50.00 |
Early withdrawal penalty. |
Easy way to help with college expenses. Transfers are flexible. Earnings are non-taxable. Funds can be passed on to another child. |
| ROTH IRA |
You want to begin saving for retirement to supplement Social Security while earning interest tax-free. |
$50.00 |
Early withdrawal penalty. |
Available for long term investments. Great way to save for retirement. |
