Citizens Access CD Ladder Review

Citizens Access CD Ladder is offered by Citizens Access, a bank founded in 2017 and based in Providence, RI. Citizens Access CD Ladder is available in 50 states (and Washington, DC).

Are cd accounts from Citizens Access federally insured?

Yes, your Citizens Access cd accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #57957). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What types of CDs does Citizens Access offer?

• Traditional

What APY does Citizens Access offer on its CDs?

Citizens Access CD Ladder offers an APY starting at 0.10% and ranging up to 0.25% (APY stands for annual percentage yield, rates may change).

What is the minimum deposit to open a CD account with Citizens Access?

Citizens Access CD Ladder requires a minimum initial deposit of $10,000 to open an account.

What types of early withdrawal penalties does Citizens Access CD Ladder charge?

Financial institutions don't typically charge many fees on certificate of deposit accounts. However, some do charge a fee if you chooose to withdrawal your money before the CD term ends.

Citizens Access does not charge an early withdrawal fee.