Direct Deposit
Why wait for the check to arrive or clear. Simply have your check directly deposited to an account at Citizens. You can use Direct Deposit on Recurring Payments including Payrolls, Pensions, Federal Salary payments, SSI, Social Security, Railroad Retirement, and United States Armed Forces-Active Duty and Retirement.
Available accounts for deposit
- Personal Checking Accounts
- Personal Savings Accounts
- Personal Money Markets
FEATURES
- Easy to enroll.
- Payment made safely and timely.
- Funds are immediately available for your use.
- No check to get lost in the mail.
Whether your check is from your employer, your retirement plan, a tax refund, or an investment account, it is easy to setup a direct deposit. Simply contact the entity that issues the check and let them know you are interested in direct deposit. For tax refunds let your preparer know that you would like your refund deposited directly into your account.
Provide them with the following information:
- Name of the Bank: Citizens Financial Bank
- Citizens Routing and Transit Number (R&T): 271974033
- Your Account Number: This number can be found on your statement or on the bottom of your check. (Always verify that you have given the correct account number so that your money is correctly deposited.)
- For questions or additional information, please contact 888-226-5237.
Personal Overdraft Privilege
As a Citizens Financial Bank customer, you may be eligible for Overdraft Privilege. Rather than returning non-sufficient items as unpaid, we will consider payment of your reasonable overdrafts as long as your account remains in good standing.
It has happened to most of us at one time or another; a mistake in our check register, forgetting to record a check or electronic transactions, or miscalculating when a deposit will clear. No one wants to overdraw their checking account but it does happen. Rather than returning all overdraft items as unpaid, Citizens will consider payment of your reasonable overdrafts up to your assigned Overdraft Privilege limit. An overdraft item includes overdrafts created by check, an in-person withdrawal, an ATM withdrawal, or other electronic means.
Features
- Payment of overdrafts normally covered up to $700 ($400 on free checking accounts).
- Fewer charges from retailers for returned checks; less frustration and embarrassment.
- No action on your part or additional paperwork.
- The normal and customary overdraft fees will apply
- No additional fees unless you use the service.
- You are notified by mail of any NSF/OD items paid.
Eligibility Requirements
- The account is primarily used for personal and household purposes.
- The account has been open at least 30 days and thereafter you maintain your account in good standing.
- You deposit at least $300 into your account within each 30 day period.
- You are not in default on any loan obligation to the bank.
- The account must be positive (not overdrawn) at least once every 20 days.
- The account is not the subject of any legal or administrative levy.
Fees/Repayment
- For each overdraft you will be charged $32.50.
- If the account remains negative, a daily fee of $6.00 will be assessed on the 4th day.
Service Description Policy
Personal Overdraft Protection
As a Citizens Financial Bank customer, you may be interested in Overdraft Protection. This service provides a transfer of funds from a designated Citizens deposit account to your Citizens checking account in the event of an overdraft condition. The transfers are processed in $50.00 increments and a service fee is assessed.
Any one of the following items may cause an overdraft on your checking account; a mistake in your check register, an unrecorded check, an electronic transaction or withdrawal, et cetera. Rather than returning overdraft items, Citizens will transfer available funds from the designated deposit account to your overdrawn checking account.
Features
- Transfer of funds from a deposit account to your overdrawn checking account.
- Funds must be available in the designated deposit account for transfer to the checking account.
- Fewer charges from retailers for returned checks.
- Less frustration and embarrassment.
- An Overdraft Protection authorization must be signed.
- Each transfer will be assessed a service fee.
- You will be notified by mail of the transfer.
For questions or enrollment information, please contact 1-888-226-5237 or stop by your nearest banking center.
Combined Statements
A Combined Statement from Citizens Financial Bank lets you access financial information on your checking, savings, certificate or loan with one detailed statement.
To qualify for a combined statement, you must be a signer on all accounts, have a Citizens Financial Bank checking account, and have the same addresses on all accounts. Your combined statement will be produced on the same date as your checking statement.
For questions or enrollment information, please contact 1-888-226-5237 or stop by your nearest banking center.
Automatic Transfers / Pre-Authorized Transfers
No more running to the bank to transfer funds! Set-up a pre-authorized payment or transfer for all your financial needs. An automatic transfer of funds can be set up to come out of a Citizens checking or savings account and go to another Citizens account or loan.
Benefits
- Can be setup to make periodic payments from a Citizens checking, savings or money market account.
- Make your Citizens mortgage payment, fund an IRA with periodic deposits, pay annual safe deposit box rental fees, or set up transfers of funds from a checking account to a money market or savings account as an automatic savings program.
- It’s easy! You can set it up once and it will transfer the funds automatically as long as the funds are available in the funding account.
- Make timely payments on the day you want the payment made, without writing checks or making trips to the Bank or Post Office.
Stop by any Citizens Financial Bank location to setup your payment schedule and sign the authorization.
You can also use Online Banking to setup a recurring transfer between your Citizens accounts. Simply log on to Online Banking and select the checking or savings account from which you would like to transfer funds. Using the Transfer menu, you will then be able to perform an express (one-time) transfer or setup a recurring transfer.
For questions or additional information please contact 1-888-226-5237.
