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Citizens Savings Bank savings, CD and money market rates

By Aviel FahlFDIC insured · Cert 30270Assets $326M (Q1 2026)Newest reading Sep 9, 2026

Citizens Savings Bank advertises 0.10% APY on its Personal Savings account. That is 0.28 percentage points below the national savings average of 0.38% (FDIC, Aug 2026).

Ranked #457 of 645 tracked savings rates by advertised APY. For a $10,000 balance it would rank #414.

Estimate your earnings·What Citizens Savings Bank actually pays

Key facts

Citizens Savings Bank at a glance

Savings
Top savings APY0.10% · Personal Savings
Minimum to open$50 · Personal Savings
Against the national average0.28 percentage points below the 0.38% FDIC savings average (Aug 2026)
CDs
Top CD APY3.79% · 6 months · 6 Month CD
Minimum to open$2,500 · 6 months CD
Against the national average2.38 percentage points above the 1.41% FDIC 6-month CD average (Aug 2026)
Money market
Top money market APY0.05% · Personal Money Market
Minimum to open$2,500 · Personal Money Market
Against the national average0.58 percentage points below the 0.63% FDIC money market average (Aug 2026)
Citizens Savings Bank bank facts
FDIC certificate30270 · Bogalusa, LA
Websitewww.citizenssb.com
Branches5 branches in LA
AvailabilityAvailable in LA
Rates

Citizens Savings Bank savings, CD and money market rates

Personal

0.25% APY
Christmas Club
Club Savings
$5 minimum
Observed on the bank's site, Sep 9, 2026
0.10% APY
Personal Savings
$50 minimum
Observed on the bank's site, Sep 9, 2026
0.05% APY
Personal Money Market
$2,500 minimum
Observed on the bank's site, Sep 9, 2026
3.79% APY
Highest CD · 6 months
$2,500 minimum
Observed on the bank's site, Sep 9, 2026

IRA

3.80% APY
Highest CD · 12 months
$250 minimum
Observed on the bank's site, Sep 9, 2026

Business

Up to0.20% APY
Business/Public Funds Money Market GOLD
Needs at least $75,000
$5,000 minimum

How the rate applies

0.05% APY on balances $5,000 - $24,999.99
0.10% APY on balances $25,000 - $49,999.99
0.15% APY on balances $50,000 - $74,999.99
0.20% APY on balances $75,000+
Observed on the bank's site, Sep 9, 2026
0.10% APY
Business/Public Funds Savings
$50 minimum
Observed on the bank's site, Sep 9, 2026
0.05% APY
Business/Public Funds Money Market
$2,500 minimum
Observed on the bank's site, Sep 9, 2026

Rates are . The national savings average is 0.38% (FDIC, Aug 2026). The top tracked savings rate on Banksparency is 5.00%. Across 59 savings accounts from 57 banks in the Banksparency core savings index, the median advertised rate is 3.51%, and one account in ten advertises 4.01% or more. See the highest savings rates.

Citizens Savings Bank CD rates

TermAPYMinimumProduct
Personal CDs
3 months0.50%$2,50091 Day CD
6 months3.79%$2,5006 Month CD
12 months3.75%$2,50012 Month CD
18 months3.25%$2,50018 Month CD
24 months3.40%$2,50024 Month CD
36 months3.00%$2,50036 Month CD
48 months3.00%$2,50048 Month Bump CD
60 months3.00%$2,50060 Month Bump CD
IRA CDs
3 months0.50%$25091 Day IRA
6 months3.80%$2506 Month IRA
12 months3.80%$25012 Month IRA
18 months3.29%$25018 Month IRA
24 months3.44%$25024 Month IRA
36 months3.03%$25036 Month IRA
48 months3.03%$25048 Month Bump IRA
60 months3.03%$25060 Month Bump IRA

Interactive Tool

Calculate Savings for Citizens Savings Bank

All calculations are based on APY.

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Frequency

Savings Breakdown

  • Interest Earned
    +$93.40(0.7%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $1,000

Projected Balance

$14,093.40

Effective APY
0.25%

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

What Citizens Savings Bank pays on deposits

FDIC call report data

An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced all of its deposits over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.

2.82%
Q1 2026 ·
0.10% APY
As observed Sep 9, 2026

The two figures answer different questions, so they sit side by side and are not combined.

In Q1 2026, Citizens Savings Bank paid a higher average rate than 79% of U.S. banks (all-bank median 2.27%).

$281M
Total deposits
Q1 2026
21.8%
Q1 2026
$326M
Total assets
Q1 2026
  • Citizens Savings Bank, avg rate paid
  • All-bank median
Average annualized rate paid on interest-bearing deposits, quarterly, Q3 2024Q1 2026. A suppressed quarter breaks the line; nothing is interpolated.
How to read these figures

What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers every account that earns interest: savings, interest checking, money market accounts, CDs, and personal and business accounts at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years.

What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.

Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older balances at the rates of earlier years, everyday transaction balances, and CDs that were priced in a different rate environment. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.

What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.

What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.

What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.

Definitions: · · · ·

Average annualized rate paid on interest-bearing deposits, quarterly. Source: FDIC call report data, as reported; it may be amended. The compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated.

Fine print

So what is the catch?

ProductAPYBalance capMonthly feeRequirementsRate type12-mo trend
Personal
Christmas Club0.25%$5$0Nonenot statedNoneOne rate
Personal Savings0.10%$50$0Nonenot statedNoneOne rate
Personal Money Market0.05%$2,500$2,500Nonenot statedNoneOne rate
Business
Business/Public Funds Money Market GOLD0.20%$5,000$5,000Nonenot statedNoneTiered
Business/Public Funds Savings0.10%$50$0Nonenot statedNoneOne rate
Business/Public Funds Money Market0.05%$2,500$2,500Nonenot statedNoneOne rate

Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.

The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.

CDs

ProductTermAPY
Personal CDs
91 Day CD3 months0.50%$2,500not statednot stated
6 Month CD6 months3.79%$2,500not statednot stated
12 Month CD12 months3.75%$2,500not statednot stated
18 Month CD18 months3.25%$2,500not statednot stated
24 Month CD24 months3.40%$2,500not statednot stated
36 Month CD36 months3.00%$2,500not statednot stated
48 Month Bump CD48 months3.00%$2,500not statednot stated
60 Month Bump CD60 months3.00%$2,500not statednot stated
IRA CDs
91 Day IRA3 months0.50%$250not statednot stated
6 Month IRA6 months3.80%$250not statednot stated
12 Month IRA12 months3.80%$250not statednot stated
18 Month IRA18 months3.29%$250not statednot stated
24 Month IRA24 months3.44%$250not statednot stated
36 Month IRA36 months3.03%$250not statednot stated
48 Month Bump IRA48 months3.03%$250not statednot stated
60 Month Bump IRA60 months3.03%$250not statednot stated
Practicalities

Opening and using the account

AvailabilityAvailable in LA
Footprint5 branches in LA
Eligibilitynot stated
Behavior

How Citizens Savings Bank behaves over time

Every observation of the advertised Personal Savings rate in the last 12 months was 0.10% (observed through Sep 9, 2026). The series includes promotional tiers where one applied.

Rate last changed
Sep 8, 2026(effective date)

$10,000 at the 0.10% APY Citizens Savings Bank advertises on Personal Savings grows to $10,010 in a year. Prices rose 3.4% in the year to July 2026 (). After a year of prices rising at that pace, it buys as much as $9,685 does today. See how the federal funds rate shapes savings rates.

Citizens Savings Bank CD rates over time

Not enough rate history to show a chart. We have CD rates for this bank from one day only. The chart shows when we collect more data.
Identity

Who is Citizens Savings Bank?

HeadquartersBogalusa, LA
Founded1945
Scale$326M assets · $281M deposits, $220M of it interest-bearing (Q1 2026, FDIC)
Deposit insuranceFDIC insured · Certificate 30270

Financial detail is in What Citizens Savings Bank pays on deposits above.

FAQ

Common questions about Citizens Savings Bank

Is Citizens Savings Bank FDIC insured?

Yes. Citizens Savings Bank is FDIC insured under certificate 30270, so deposits are covered up to $250,000 per depositor, per ownership category.

What is the minimum deposit at Citizens Savings Bank?

Citizens Savings Bank requires a minimum deposit of $50 to open its Personal Savings account, as observed on Sep 9, 2026. Check the bank's current terms before you open an account.

Does Citizens Savings Bank have branches?

Yes. Citizens Savings Bank operates 5 branches according to FDIC branch records, in addition to its website and mobile apps.

Compare

Citizens Savings Bank against its closest alternatives

BankSavings APY (Q1 2026)Min depositBranches
Citizens Savings Bank0.25%2.82%$55 branches in LA
Central Penn Bank & Trust1.25%2.15%not stated14 branches in PA
Clarion County Community Bank0.50%3.01%$1,0005 branches in PA
Cowboy State Bank0.25%0.86%$2002 branches in WY

Alternatives are the three tracked banks whose highest savings APY is closest to Citizens Savings Bank's.

Explore

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Rate hubs: today's highest savings rates, CD rates by term, and money market rates.

Rate data is for informational purposes. Banksparency records rates as observed on each bank's website; a change may have occurred before the date it was observed. Verify current rates with the bank before you open an account. FDIC figures come from quarterly call reports, as reported; they may be amended. Banksparency applies identical methodology to affiliate and non-affiliate banks. How Banksparency tracks rates