Citizens Savings Bank savings, CD and money market rates
Citizens Savings Bank's Free Kasasa Saver lists 0.20% APY on balances of $50,000 or less. The bank states no rate for larger balances.
The rate needs a linked account at the bank. That is 0.18 percentage points below the national savings average of 0.38% (FDIC, Oct 2026).
Ranked #1787 of 3052 tracked savings rates by advertised APY. For a $10,000 balance it would rank #1577.
Estimate your earnings·What Citizens Savings Bank actually pays
Citizens Savings Bank at a glance
| Savings | |
|---|---|
| Top savings APY | 0.20% · Free Kasasa Saver · $50,000 or less only · needs a linked account at the bank |
| Minimum to open | $0 · Free Kasasa Saver |
| Against the national average | 0.18 percentage points below the 0.38% FDIC savings average (Oct 2026) |
| CDs | |
| Top CD APY | 4.07% · 12 months · 12 Month CD |
| Minimum to open | $1,000 · 12 months CD |
| Against the national average | 2.31 percentage points above the 1.76% FDIC 12-month CD average (Oct 2026) |
| Money market | |
| Top money market APY | 1.50% · Platinum Money Market Account · needs at least $100,000 |
| Minimum to open | $50,000 · Platinum Money Market Account |
| Against the national average | 0.87 percentage points above the 0.63% FDIC money market average (Oct 2026) |
| FDIC certificate | 31184 · Clarks Summit, PA |
|---|---|
| Website | citizens-savings.com |
| Branches | 6 branches in PA |
| Availability | Available in PA |
Citizens Savings Bank savings, CD and money market rates
Personal
How the rate applies
How the rate applies
How the rate applies
How the rate applies
IRA
Rates are APY. The national savings average is 0.38% (FDIC, Oct 2026). The top tracked savings rate on Banksparency is 12.00%. Across 59 savings accounts from 58 banks in the Banksparency core savings index, the median advertised rate is 3.65%, and one account in ten advertises 4.20% or more. See the highest savings rates.
Citizens Savings Bank CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| Personal CDs | |||
| 3 months | 0.05% | $1,000 | 91 Day CD |
| 4 months | 0.75% | $1,000 | 4 Month CD |
| 5 months | 0.75% | $1,000 | 5 Month CD |
| 6 months | 3.80% | $1,000 | 182 Day CD |
| 7 months | 0.75% | $1,000 | 7 Month CD |
| 8 months | 0.75% | $1,000 | 8 Month CD |
| 9 months | 0.75% | $1,000 | 9 Month CD |
| 10 months | 0.75% | $1,000 | 10 Month CD |
| 11 months | 1.25% | $1,000 | 11 Month CD |
| 12 months | 4.07% | $1,000 | 12 Month CD |
| 13 months | 0.35% | $1,000 | 13 Month CD |
| 14 months | 0.40% | $1,000 | 14 Month CD |
| 15 months | 4.07% | $1,000 | 15 Month CD |
| 18 months | 4.07% | $1,000 | 18 Month CD |
| 20 months | 0.25% | $1,000 | 20 Month CD |
| 24 months | 0.30% | $1,000 | 24 Month CD |
| 25 months | 0.30% | $1,000 | 25 Month CD |
| 30 months | 0.35% | $1,000 | 30 Month CD |
| 36 months | 0.35% | $1,000 | 36 Month CD |
| 48 months | 0.40% | $1,000 | 48 Month CD |
| 60 months | 0.50% | $1,000 | 60 Month CD |
| 72 months | 0.75% | $1,000 | 72 Month CD |
| IRA CDs | |||
| 6 months | 3.80% | $100 | Traditional IRA 6 Month |
| 6 months | 3.80% | $100 | Coverdell Education IRA 6 Month |
| 6 months | 3.80% | $100 | Roth IRA 6 Month |
| 12 months | 4.07% | $100 | Traditional IRA 12 Month |
| 12 months | 4.07% | $100 | Coverdell Education IRA 12 Month |
| 12 months | 4.07% | $100 | Roth IRA 12 Month |
| 13 months | 0.50% | $100 | Traditional IRA 13 Month |
| 14 months | 0.60% | $100 | Traditional IRA 14 Month |
| 14 months | 0.60% | $100 | Coverdell Education IRA 14 Month |
| 14 months | 0.60% | $100 | Roth IRA 14 Month |
| 15 months | 4.07% | $100 | Traditional IRA 15 Month |
| 18 months | 4.07% | $100 | Traditional IRA 18 Month |
| 18 months | 4.07% | $100 | Coverdell Education IRA 18 Month |
| 18 months | 4.07% | $100 | Roth IRA 18 Month |
| 20 months | 0.25% | $1,000 | Traditional IRA 20 Month |
| 20 months | 0.25% | $1,000 | Coverdell Education IRA 20 Month |
| 20 months | 0.25% | $1,000 | Roth IRA 20 Month |
| 30 months | 0.35% | $1,000 | Traditional IRA 30 Month |
| 30 months | 0.35% | $1,000 | Coverdell Education IRA 30 Month |
| 30 months | 0.35% | $1,000 | Roth IRA 30 Month |
| 48 months | 0.50% | $1,000 | Traditional IRA 48 Month |
| 48 months | 0.50% | $1,000 | Coverdell Education IRA 48 Month |
| 48 months | 0.50% | $1,000 | Roth IRA 48 Month |
| 72 months | 0.75% | $1,000 | Traditional IRA 72 Month |
| 72 months | 0.75% | $1,000 | Coverdell Education IRA 72 Month |
| 72 months | 0.75% | $1,000 | Roth IRA 72 Month |
Interactive Tool
Calculate Savings for Citizens Savings Bank
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$74.70(0.5%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$14,074.70
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 the savings and money market deposits it already holds, 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.
The two figures answer different questions, so they sit side by side and are not combined. The 0.20% applies to balances of $50,000 or less. The bank states no rate for the balance above that.
In Q2 2026, Citizens Savings Bank paid a higher average rate on savings and money market deposits than 21% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- Citizens Savings Bank, savings and money market
- All-bank median
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 savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.
The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.
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 savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. 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: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the banks that reported a figure for the quarter.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| Free Kasasa Saver | 0.20% | $0 | $0 | $50,000 | not stated | Linked account at the bank | One rate | |
| Fine print: The advertised rate applies only to the portion of the balance up to $50,000; the portion above that earns a lower rate. The rate is earned only in a monthly qualification cycle in which the linked Kasasa Cash or Kasasa Cash Back checking account meets its qualifications. In a cycle where they are not met, the whole balance earns the base rate. | ||||||||
| Premium Passbook Savings | Up to 0.15% | $0 | $0 | None | not stated | None | Tiered | |
| Regular Passbook Savings | 0.05% | $0 | $0 | None | not stated | None | One rate | |
| Statement Savings | 0.05% | $0 | $0 | None | not stated | None | One rate | |
| Club Accounts | 0.05% | $0 | $0 | None | not stated | None | One rate | |
| Fine print: Funds are paid out in a month chosen at account opening: January, April, June, August or October. An early withdrawal may result in a $10 penalty. | ||||||||
| Platinum Money Market Account | 1.50% | $50,000 | $0 | None | not stated | None | Tiered | |
| Fine print: The account requires $50,000 to open. The two lowest balance bands apply only to a balance that has fallen below that opening minimum. | ||||||||
| Premier Money Market Account | 0.30% | $50,000 | $0 | None | not stated | None | Tiered | |
| Fine print: The account requires $50,000 to open. The lowest balance band applies only to a balance that has fallen below that opening minimum. | ||||||||
| Premium Money Market Account | Up to 0.15% | $1,000 | $0 | None | not stated | None | Tiered | |
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
| Product | Term | APY | Min to open | Early withdrawal fee | Compounding |
|---|---|---|---|---|---|
| Personal CDs | |||||
| 91 Day CD | 3 months | 0.05% | $1,000 | not stated | not stated |
| 4 Month CD | 4 months | 0.75% | $1,000 | not stated | not stated |
| 5 Month CD | 5 months | 0.75% | $1,000 | not stated | not stated |
| 182 Day CD | 6 months | 3.80% | $1,000 | not stated | not stated |
| 7 Month CD | 7 months | 0.75% | $1,000 | not stated | not stated |
| 8 Month CD | 8 months | 0.75% | $1,000 | not stated | not stated |
| 9 Month CD | 9 months | 0.75% | $1,000 | not stated | not stated |
| 10 Month CD | 10 months | 0.75% | $1,000 | not stated | not stated |
| 11 Month CD | 11 months | 1.25% | $1,000 | not stated | not stated |
| 12 Month CD | 12 months | 4.07% | $1,000 | not stated | not stated |
| 13 Month CD | 13 months | 0.35% | $1,000 | not stated | not stated |
| 14 Month CD | 14 months | 0.40% | $1,000 | not stated | not stated |
| 15 Month CD | 15 months | 4.07% | $1,000 | not stated | not stated |
| 18 Month CD | 18 months | 4.07% | $1,000 | not stated | not stated |
| 20 Month CD | 20 months | 0.25% | $1,000 | not stated | not stated |
| 24 Month CD | 24 months | 0.30% | $1,000 | not stated | not stated |
| 25 Month CD | 25 months | 0.30% | $1,000 | not stated | not stated |
| 30 Month CD | 30 months | 0.35% | $1,000 | not stated | not stated |
| 36 Month CD | 36 months | 0.35% | $1,000 | not stated | not stated |
| 48 Month CD | 48 months | 0.40% | $1,000 | not stated | not stated |
| 60 Month CD | 60 months | 0.50% | $1,000 | not stated | not stated |
| 72 Month CD | 72 months | 0.75% | $1,000 | not stated | not stated |
| IRA CDs | |||||
| Traditional IRA 6 Month | 6 months | 3.80% | $100 | not stated | not stated |
| Coverdell Education IRA 6 Month | 6 months | 3.80% | $100 | not stated | not stated |
| Roth IRA 6 Month | 6 months | 3.80% | $100 | not stated | not stated |
| Traditional IRA 12 Month | 12 months | 4.07% | $100 | not stated | not stated |
| Coverdell Education IRA 12 Month | 12 months | 4.07% | $100 | not stated | not stated |
| Roth IRA 12 Month | 12 months | 4.07% | $100 | not stated | not stated |
| Traditional IRA 13 Month | 13 months | 0.50% | $100 | not stated | not stated |
| Traditional IRA 14 Month | 14 months | 0.60% | $100 | not stated | not stated |
| Coverdell Education IRA 14 Month | 14 months | 0.60% | $100 | not stated | not stated |
| Roth IRA 14 Month | 14 months | 0.60% | $100 | not stated | not stated |
| Traditional IRA 15 Month | 15 months | 4.07% | $100 | not stated | not stated |
| Traditional IRA 18 Month | 18 months | 4.07% | $100 | not stated | not stated |
| Coverdell Education IRA 18 Month | 18 months | 4.07% | $100 | not stated | not stated |
| Roth IRA 18 Month | 18 months | 4.07% | $100 | not stated | not stated |
| Traditional IRA 20 Month | 20 months | 0.25% | $1,000 | not stated | not stated |
| Coverdell Education IRA 20 Month | 20 months | 0.25% | $1,000 | not stated | not stated |
| Roth IRA 20 Month | 20 months | 0.25% | $1,000 | not stated | not stated |
| Traditional IRA 30 Month | 30 months | 0.35% | $1,000 | not stated | not stated |
| Coverdell Education IRA 30 Month | 30 months | 0.35% | $1,000 | not stated | not stated |
| Roth IRA 30 Month | 30 months | 0.35% | $1,000 | not stated | not stated |
| Traditional IRA 48 Month | 48 months | 0.50% | $1,000 | not stated | not stated |
| Coverdell Education IRA 48 Month | 48 months | 0.50% | $1,000 | not stated | not stated |
| Roth IRA 48 Month | 48 months | 0.50% | $1,000 | not stated | not stated |
| Traditional IRA 72 Month | 72 months | 0.75% | $1,000 | not stated | not stated |
| Coverdell Education IRA 72 Month | 72 months | 0.75% | $1,000 | not stated | not stated |
| Roth IRA 72 Month | 72 months | 0.75% | $1,000 | not stated | not stated |
Opening and using the account
| Availability | Available in PA |
|---|---|
| Footprint | 6 branches in PA |
| Eligibility | not stated |
How Citizens Savings Bank behaves over time
Every observation of the advertised Free Kasasa Saver rate in the last 12 months was 0.20% (observed through Oct 14, 2026). The series includes promotional tiers where one applied.
- Free Kasasa Saver
- The same as 30 days ago.
- 12 months CD
- The same as 30 days ago.
- Platinum Money Market Account
- The same as 30 days ago.
- Rate last changed
- Sep 8, 2026(effective date)
$10,000 at the 0.20% APY Citizens Savings Bank advertises on Free Kasasa Saver grows to $10,020 in a year. Prices rose 3.7% in the year to September 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,659 does today. See how the federal funds rate shapes savings rates.
Citizens Savings Bank CD rates over time
Who is Citizens Savings Bank?
| Headquarters | Clarks Summit, PA |
|---|---|
| Founded | 1902 |
| Scale | $359M assets · $304M deposits, $275M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 31184 |
| Charter state | Pennsylvania · one of 110 insured banks chartered there (Q2 2026, FDIC) |
| Size | 2,200th-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 31% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What Citizens Savings Bank pays on deposits above.
Common questions about Citizens Savings Bank
Is Citizens Savings Bank FDIC insured?
Yes. Citizens Savings Bank is FDIC insured under certificate 31184, 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 no minimum deposit to open its Free Kasasa Saver account, as observed on Oct 14, 2026. Check the bank's current terms before you open an account.
Does the 0.20% apply to my whole balance?
The 0.20% applies to balances of $50,000 or less. The bank states no rate for the balance above that. The rate needs a linked account at the bank.
Does Citizens Savings Bank have branches?
Yes. Citizens Savings Bank operates 6 branches according to FDIC branch records, in addition to its website and mobile apps.
Citizens Savings Bank against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Citizens Savings Bank | 0.20% | 0.68% | $0 | 6 branches in PA |
| Aroostook County Federal Savings and Loan Association | 0.20% | 1.92% | $5 | 2 branches in ME |
| Bank Forward | 0.20% | 3.74% | $200 | 12 branches in MN, ND |
| Bank of Prairie du Sac | 0.20% | 2.46% | $100 | 2 branches in WI |
Each savings APY is the top rate of the account the bank's own page leads with. Alternatives are the three tracked banks whose savings APY is closest to Citizens Savings Bank's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Pennsylvania, nearest to Citizens Savings Bank in deposits:
Rate hubs: today's highest savings rates, CD rates by term, and money market rates.
State pages: savings rates in Pennsylvania, CD rates in Pennsylvania, money market rates in Pennsylvania, and banks in Pennsylvania.