ONLINE BANKING

 

Contact a Business Banker

Our experienced Business Bankers will help you find the banking solutions that work best for your business needs. 

Business Savings Account Options for Every Size Company

Whether you have a small business looking to grow your savings, or an established company with a large balance, Citizens Bank has a solution for you.

Business Advantage Savings Account

Earn interest while building savings and maintaining full access to your funds - This savings account can be opened with just $100 and requires no minimum balance to avoid fees. Comes with…

  • Free Online Banking (NetTeller)
  • Free E-statements
  • Free Mobile Banking and Text Alerts (Standard message and data rates may apply)
  • Free Automated Telephone Banking
  • Free direct deposit
  • Unlimited deposits and in-person withdrawals
Account Type Business Advantage Savings
Minimum balance to open $100
Minimum balance to avoid fees* $100
Tiered interest rates earned based on daily account balance

Interest accrued daily and credited to the account monthly.

Yes
Free ATM Card

ATM transactions free at any Citizens Bank ATM. $2.00 fee applies to transactions done at an ATM owned by another financial institution.

Yes
Checks Available No

*If balance falls below $100 at any time during the monthly statement cycle, a $1 fee will be assessed on the last day of the cycle. If balance falls below $100 and has not been used for a period of one year or more, the account will be assessed a $6.00 inactive fee. This fee is charged quarterly on January 1, April 1, July 1 and October 1.

Note: Federal Reserve Regulation D limits the total number of withdrawals made by check and telephone, online banking and overdraft protection, as well as preauthorized withdrawals (including card based purchases, automatic transfers and wire transfers) to six (6) per calendar month for savings and money market accounts.

Business Money Market Account

Tiered interest rates let you earn more as your balance grows while maintaining full access to your funds - Open your account with $1,000 or more and enjoy these benefits:

  • Higher interest rates as your savings grow
  • Free Online Banking (NetTeller)
  • Free E-statements
  • Free Mobile Banking and Text Alerts (Standard message and data rates may apply)
  • Free Automated Telephone Banking
  • Free direct deposit
  • Unlimited deposits and in-person withdrawals
  • Free convenience checks for added access (federal check limits apply)
  • FDIC insurance up to the full legal limit
Account Type Business Money Market
Minimum balance to open $1,000
Minimum balance to avoid fees* $1,000

($10 per month if not maintained)
Tiered interest rates earned based on daily account balance

Interest accrued daily and credited to the account monthly

Yes
ATM Card Available

ATM transactions free at any Citizens Bank ATM. $2.00 fee applies to transactions done at an ATM owned by another financial institution.

No
Checks Available Yes
- for free!

*If balance falls below $100 and has not been used for a period of one year or more, the account will be assessed a $6.00 inactive fee. This fee is charged quarterly on January 1, April 1, July 1 and October 1.

Note: Federal Reserve Regulation D limits the total number of withdrawals made by check and telephone, online banking and overdraft protection, as well as preauthorized withdrawals (including card based purchases, automatic transfers and wire transfers) to six (6) per calendar month for savings and money market accounts.

Certificates of Deposit (CDs)

Earn a fixed rate of return over a set time - Citizens Bank CDs have flexible terms between 3 and 48 months with competitive rates to help you maximize your savings.

Account Type Opening Balance Early Withdrawal Penalty
3-Month CD $1,000 3 months interest
6-Month CD $1,000 3 months interest
8-Month CD $5,000 3 months interest
12-Month CD $1,000 3 months interest
15-Month CD $5,000 6 months interest
24-Month CD $1,000 6 months interest
36-Month CD $1,000 6 months interest
48-Month CD $1,000 6 months interest
  • Tiered interest rates based upon balance
  • Interest is credited to the account monthly on the same day as the initial deposit. Other payment methods available upon request.
    • Interest paid quarterly or semi-annually
    • Interest direct deposited to another account at any financial institution
  • Interest can be withdrawn penalty free once it has been credited to the account at any time during the term.
  • Withdrawals, other than interest, are subject to an early withdrawal penalty
  • On the day of maturity, the CD automatically renews for another term at the rate in effect at that time
  • Additional deposits or withdrawals can be made at maturity or within 10 calendar days after maturity