For businesses that want to earn interest on cash balances. Available to any type of business.
Unlimited deposits
Unlimited in-person transactions
Three automatic transfers per month or up to six pre-authorized transfers
Monthly statement
Interest accrues daily and is paid quarterly
$3 monthly fee if the minimum balance drops below $1000
Citizens Business Money Market Account
Interest rate is variable and tiered for balances up to $5,000, $5,000 to $25,000, $25,000 to $75,000, and $75,000 and over
Unlimited deposits
Unlimited in-person transactions
Six free transactions per month; $10 for each transaction after six*
$10 monthly fee if the minimum balance drops below $2,500
$10 fee for each debit exceeding monthly account limits
Interest accrues daily and is paid monthly
Monthly statement
Citizens Indexed Money Market Account
Check imaging feature
Monthly statement
Interest rate is variable and tiered. Interest is calculated each month using a percentage of the 90-day T-Bill Discount Rate, as published by the Federal Reserve**
Interest is credited and compounded monthly
$10,000 minimum initial deposit
Six free transactions per month, $10 for each transaction after six*
$15 monthly fee if the minimum balance drops below $10,000, and interest rate becomes current savings account rate
