Citizens Bank offers a number of commercial deposit accounts to help you achieve your business goals.
Commercial Checking
For low check writing and transaction volume.
Minimum to open account - $100.00
No charge if minimum daily balance is at least $500 Otherwise, a $7.95 monthly charge is assessed. No charge for first 25 debit transactions (check paid, withdrawal, automatic transfer or payment from account). Additional debit transactions $0.15 each if daily minimum balance is less than $500.
Commercial Analysis Checking
For more complex accounts which have a higher volume of transactions.
Minimum to open account - $100.00
Unlimited transactions. Analysis fees apply.
Earnings allowance can offset fees
Commercial Super NOW
Interest bearing account for low transaction volume.
Minimum to open account - $1,500.00
Earns market rate of interest
No monthly charge if daily balance is $1,500 or more
Monthly $10.00 charge if daily balance is less than $1,500. No charge for first 25 debit transactions (check paid, withdrawal, automatic transfer or payment from account). Additional debit transactions $0.15 each if minimum daily balance is less than $1,500.
Commercial Money Market
Tiered interest rate paid depending on balance.
Minimum to open account - $1,500.00
Earns market rate of interest
No monthly charge if average daily balance is $1,500 or more.
No charge for first three debit transactions per month. Additional debit transactions, $2.00 each.
Account limited to 6 preauthorized transfers per month
Unlimited in-house transactions
Commercial Savings
Interest earning account.
Minimum to open account - $100.00
No Charge for the First 9 withdrawals per quarter
Additional withdrawals, $2.00 each
Account limited to 6 preauthorized transfers per month
Unlimited in-house transactions
Quarterly service charge if balance falls below $100, is $5.00
