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CSB provides diverse savings options depending on your individual financial needs. For more information regarding personal savings accounts, please contact us.

Cozy up to the cooler weather with this

Winter CD Special!

8 Month CD ~ 4.28% APY*

$5,000.00 Minimum New Money to Open**

*Annual Percentage Yield. APY is accurate as of 12/11/2023. A minimum opening deposit of $5,000.00 in New Money must be deposited in the Certificate of Deposit account to receive the promotional interest rate.

**New Money is defined as money that has not been on deposit in any Community State Bank account within the last 30 days. $5,000.00 minimum balance must be maintained daily to obtain the special rate. Penalty may be imposed for early withdrawal. Fees could reduce earnings on the account. Offer may end at any time without notice.

Statement Savings Account

Our Statement Savings account is a completely free account that even earns interest! This flexible account has many great features, including not needing to worry about balance requirements anymore. 

  • Earn Interest
  • Unlimited Deposits
  • No Monthly Fee
  • ATM Card
  • Unlimited Withdrawals at a Branch
  • $50.00 Minimum to Open

Kasasa Saver®

Kasasa Cash® and Kasasa Cash Back® account holders have exclusive access to this account that really maximizes Kasasa® rewards. This account is linked to automatically transfer earned Kasasa Checking rewards to this dividend earning account. It's a great way to "set it and forget it" as you effortlessly build a nice rainy day fund

Money Market

A limited transaction account especially for those who want a higher rate of interest, and do not need many transactions per monthly cycle

  • No Monthly Fee*
  • Interest Bearing
  • Up to 6 Transactions per Monthly Cycle
  • Unlimited in Person Withdrawals
  • $1,000.00 Minimum to Open

*If minimum balance of $1,000.00 is met and maximum transaction not exceeded; otherwise $5.00.

Burial Reserve

Planning that brings you peace of mind. A Burial Reserve Account can be used for either funeral or burial expenses and can be either a savings account or certificate of deposit. An account is opened with an individual's social security number. A funeral home must be named as beneficiary, and no disbursements can be made without a death certificate.

Health Savings Account (HSA)

A savings account for your medical needs.

  • Tax Deductible Contributions
  • $25 Minimum Deposit to Open*
  • Interest Earned Quarterly
  • Tax Exempt Earning
  • Tax Exempt of Qualified Medical Expenses
  • No "Use It Or Lose It" Restrictions!
  • $1.00 Monthly Service Fee

*Customer pays for checks

Certificates of Deposit

Enhance your earning ability with competitive interest rates.

  • Available in Terms Ranging From 182 Days to 72 Months
  • Competitive Interest Rates
  • Compounded Interest **

*Deposit amounts may vary depending on certificate type.
**Interest compounds monthly. Can be paid via check or deposit into Community Interest Checking Account.

Traditional IRA

Who is eligible? Anyone with earned income. Also available to a non-working spouse.

How much can I contribute? Annual contribution limits and eligibility are set by the IRS. Persons over the age of 50 can make catch-up contributions.

Are IRA contributions tax-deductible? Yes, subject to retirement plan participation status and modified adjusted gross income limits.

When can I withdraw my money without penalty from the IRS? Anytime after the customer reaches the age of 59½ or under the following circumstances:

  • Customer dies or becomes disabled
  • Distributions are part of certain periodic payments
  • For medical expenses in excess of 7.5% of MAGI
  • For health insurance premiums if the customer has been receiving unemployment compensation for 12 weeks or longer
  • For higher education expenses
  • First time home buyer

Roth IRA

Who is eligible? Available to anyone who has earned compensation and meets income limits. Also available to a non-working spouse. 

How much can I contribute? Annual contribution limits and eligibility are set by the IRS. Persons over the age of 50 can make catch-up contributions.

Are IRA contributions tax-deductible? No. The Roth IRA is a non-deductible account that features tax-free withdrawals for certain distributions reason after a 5 year holding period.

When can I withdraw my money without penalty from the IRS? Withdrawal of contributions can be made anytime without taxes or penalties. Withdrawal of earnings is tax and penalty-free if it is a qualified distribution. Qualified distributions are tax-free if taken at least 5 years after the year of your first Roth contribution and you have reached the age of 59½ or:

  • Customer dies or becomes disable
  • Distributions are part of certain periodic payments
  • For medical expenses in excess of 7.5% of MAGI
  • For health insurance premiums if the customer has been receiving unemployment compensation for 12 weeks or longer
  • For higher education expenses
  • First time home buyer

Nest Egg IRA

Available as a fixed or variable rate product. Call your local Customer Service Specialist today for more information.

All Purpose Club/Christmas Club

A sure way to have presents under the tree or take your dream vacation.

  • Interest Bearing
  • Bonus Rate with Direct Deposit Options
  • Deposit Coupon Book Available
  • No Minimum Balance
  • All Purpose Club Opening from May 16th -July 31st, Approximate Payout the Following May 16th
  • Christmas Club Opening from Oct 2nd -Dec 31st, Approximate Payout the Following October 2nd

Ways to Grow Your Club Account!

  • Deposit $ 5.00 a Week = $260.00 Plus Interest per Year
  • Deposit $10.00 a Week = $520.00 Plus Interest per Year
  • Deposit $20.00 a Week = $1,040.00 Plus Interest per Year

 

 

 

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