Savings/Investments
| Regular Savings | High Yield Money Market |
Certificate of Deposit | Individual Retirement Account | Christmas Club |
| Description | |||||||||||||||||
| Regular Savings makes it easy and convenient to build your funds. This account provides maximum flexibility to help you meet your short-term savings needs. |
Get more out of your money without the extra work. The High Yield Money Market Account earns market-based interest on an insured, local investment. Designed for the serious saver, this account also offers limited check access. Strengthen your approach to savings with this smart way to save. *Three checks can be written to your account each month. |
If you're seeking a secure investment with a guaranteed rate of return, select a fixed-rate certificate of deposit from City National Bank. With maturities ranging from 3 months to five years, we're sure to have one to fit your investment needs. | With an IRA certificate of deposit, you defer tax payments on your interest earnings as you build for a secure retirement. Invest in an IRA account and see why it truly pays to plan ahead. |
Play Santa this year and put a little something extra under the tree with City National Bank’s Christmas Club account. Deposits will be made monthly by automatic debit from a City National Bank checking or savings account. |
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| Does my rate earn interest? | |||||||||||||||||
| Yes | Yes, and your rate increases at $15,000. | Yes | Yes | Yes | |||||||||||||
| Will I be charged a monthly service fee? | |||||||||||||||||
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Not if your balance is more than $200. $3 fee if you drop below the mnimum balance. Up to three fee-free withdrawals (paper or electronic) per month. $1.50 for each additional transaction. |
Not if your balance is more than $1,000. $10 fee if you drop below the minimum balance. Up to six fee-free preauthorized transactions per month, three of which can be checks. $10 for each additional transaction. |
No | No | No | |||||||||||||
| What are my statement options? | |||||||||||||||||
| Semi-annual statement. Copies of transactions are not included. | Free Check Safekeeping or Free electronic statement with copies of checks or copies of checks with monthly statement. | NA | NA | NA | |||||||||||||
| Is a check card available for shopping convenience? | |||||||||||||||||
| Debit card not available with the Regular Savings account. | Debit card not available with the High Yield Money Market account. | NA | NA | NA | |||||||||||||
| What extra benefits are available with my account? | |||||||||||||||||
| 24-hour access to online banking through your personal computerand through our telephone banking service. | 24-hour access to online banking through your personal computer and through our telephone banking service. | NA | NA | NA | |||||||||||||