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  City National Bank Consumer Savings Account
City National Bank Consumer Savings Account Unaffiliated

City National Bank Consumer Savings Account

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Highlights
Monthly Fee $1.67
APY (Annual Percentage Yield) Starting at 0.01%
Minimum Balance to Earn APY N/A

City National Bank Consumer Savings Account Review

City National Bank Consumer Savings Account is offered by City National Bank of Texas, a bank founded in 1889 and based in Sulphur Springs, TX. City National Bank Consumer Savings Account are available in 1 state across the USA.

Key Takeaways

  • Charges a monthly fee. This account charges a monthly service fee of $1.67, but the fee is waived if you keep a minimum balance of $100.
  • $100 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit or have no minimum.

City National Bank Consumer Savings Account Pros & Cons

Pros Cons
  • Access to physical branches.
  • No signup bonus.
  • Does not earn interest.
  • Does not provide access to a nationwide ATM network.
  • Does not come with a debit card
  • Only available in one state.
  • Monthly service charge.

City National Bank Consumer Savings Account FAQ

Are savings accounts from City National Bank of Texas federally insured?

Yes, your deposits are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #5544). 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.

Does City National Bank of Texas offer a signup bonus?

City National Bank Consumer Savings Account doesn't offer a signup bonus.

What is the minimum initial deposit for City National Bank Consumer Savings Account?

The minimum deposit to open a City National Bank Consumer Savings Account is $100.
City National Bank Consumer Savings Account Minimums
Description
Minimum Balance to Avoid Monthly Fee Starting at $100
Minimum Opening Deposit Starting at $100

What APY does City National Bank Consumer Savings Account offer?

City National Bank Consumer Savings Account offers a variable APY starting at 0.01% (APY stands for annual percentage yield, rates may change).

What fees does City National Bank Consumer Savings Account charge?

This account charges a monthly service fee of $1.67. However, you can waive the monthly fees if you have a minimum daily balance of $100.

  • City National Bank Consumer Savings Account charges $5 every time you request a paper statement.

What features and perks does City National Bank Consumer Savings Account offer?

This savings account includes the following features:

  • Fraud monitoring - City National Bank Consumer Savings Account monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location, or you make a sudden string of costly purchases.
  • Free Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - City National Bank Consumer Savings Account allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.

Can you set up a direct deposit to City National Bank Consumer Savings Account?

Yes, you can typically set up a direct deposit to this account. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

What is the customer support email for City National Bank Consumer Savings Account?

The customer support email for City National Bank Consumer Savings Account is info@cnbt.bank.

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Other Savings Accounts by City National Bank of Texas

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Availability

  Available in 1 state
Texas
Availabile in all of Texas

Feature Breakdown

Minimum Balance to Avoid Monthly Fee Starting at $100
Minimum Opening Deposit Starting at $100
Monthly Fee $1.67
Paper Statement Fee $5
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of Identity
  • Government Issued Photo ID
  • Social Security Number
Account Features
  • Free Bill Pay
  • Mobile Check Deposit
  • Interest Bearing Account
  • Mobile Banking
  • Fraud Monitoring
  • Fraud Protection
  • Branch Access
  • Member FDIC
APY (Annual Percentage Yield) Starting at 0.01%

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