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Investment Accounts & CDARS2018-07-26T17:29:52+00:00

Investment Accounts

Build and grow your savings

Save for short- or long-term goals with a competitive and guaranteed interest rate – With terms ranging from 7 days to 5 years, you can decide the length of time that’s best for meeting your current financial goals.

Certificates of Deposit
Offering Certificates of Deposit in a wide range of maturities. What’s the rate? Find out and discover the benefits

IRA Accounts
No matter your age, looking towards the future can never hurt. When you are first settling into a career, the idea of retirement may just be a fleeting thought in the back of your mind, but as the years go by, it should make its way higher and higher up the list of priorities. The best way to plan for retirement is to not let it sneak up on you, and plan ahead so that you can live comfortably as an older adult.

You can save on your present taxes with an Individual Retirement Account, by deducting your qualified contributions from your taxable income. Depending on your situation, you may be able to deduct all or part of their IRA contributions from current income taxes. The deductible amount depends on your income, marital status, and whether you’re an active participant in an employer-sponsored plan as defined by the Internal Revenue Service.

An Individual Retirement Account is a smart way for you to save for a secure retirement. For more information, speak with one of Financial Service Specialists today.

If You’re Changing Employers, an IRA Rollover Makes Sense. If you are retiring or changing jobs and anticipate withdrawing money from your employer’s retirement plan, you may find yourself in a tax bind, unless you roll over your assets into an IRA or another qualified plan. For more information about IRA Rollovers or opening a new IRA just return the Investment Account Application below or give us a call.

You must complete the rollover within 60 days from the date you receive the assets from your old IRA in order to qualify and not pay the mandatory 20% withholding and possibly other penalties as well. For more information about IRA Rollovers or opening a new IRA give us a call at 678-406-4000.

Roth IRA
Citizens Trust Bank offers nondeductible accounts that feature tax-free withdrawals for certain distribution reasons after a five-year holding period.

Education IRA
For your child’s higher education expenses, Citizens Trust Bank offers an IRA with tax-free and penalty-free distributions from a nondeductible account.

Citizens Trust Bank Investment Account Application

Other Investment Solutions at Citizens Trust Bank



CDARS® is one of the safest and smartest investment vehicles for investors looking to protect their
large-dollar investments while earning CD-level returns that may compare favorably to Treasury and money-market fund yields.

CDs placed through CDARS offer investors (individual as well as institutional investors, such as corporations, foundations, and endowments):

  • Access to multi-million-dollar FDIC insurance
  • The ease of working through one trusted relationship, earning one rate per maturity, and receiving consolidated statements
  • The ability to forego ongoing collateral tracking
  • The power of daily compounding; and
  • A finite maturity date (in contrast to auction-rate or some adjustable-rate securities).

Citizens Trust Bank is an FDIC-insured member of the nationwide network of financial institutions called CDARS. When you deposit a large amount with us, we can place your funds into CDs issued by other banks in the CDARS Network in increments under the standard FDIC insurance maximum. This makes both principal and interest eligible for FDIC coverage.

  • Earn CD-level returns which may compare favorably with other investment alternatives, including Treasuries, corporate sweep accounts, and money market funds.
  • Individual investors receive a single year-end tax form.


  • Eliminate the need to manage multiple bank relationships.
  • Work directly with Citizens Trust Bank.
  • Earn one interest rate per maturity.

Investing through CDARS can be a strong alternative to Treasuries. Like Treasuries, FDIC insurance is backed by the full faith and credit of the U.S. government.

Learn more watch our CDARS video or Contact us at 678.406.4000 

CDARS CDs are considered bank deposits. They are not DTC eligible and, currently, no secondary market exists. Early withdrawals are available, but require the payment of a substantial penalty.

You should compare the current rates and features of CDs (including CDs placed through the CDARS service) to other investment alternatives. Past performance may not be representative of future performance or success.

Weekly and overall limits apply. If a depositor is subject to restrictions with respect to the placement of funds in depository institutions, it is the responsibility of the depositor to determine whether the placement of the depositor’s funds through CDARS or a particular CDARS transaction satisfies those restrictions. Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement with Citizens Trust Bank. The agreement contains important information and conditions regarding the placement of funds by our bank through CDARS.

CDARS is a registered service mark of Promontory Inter-financial Network, LLC.