Investment Accounts

Investment Account Application

Certificates of Deposit
Certificates of Deposits offered by Citizens Trust Bank guarantee high yields, flexibility, and the safety of FDIC insurance. With a Citizens Trust Bank CD you lock in a high yield that is guaranteed from the day that you open the account until the day it matures. You know exactly what return you'll get and when you'll get it.

Citizens Trust Bank has a CD that's right for you. We offer Certificates of Deposit in a broad range of maturities, each designed with a particular goal in mind. And, for as little as $500, you can open your own CD. To obtain a CD Rate Quote you can either click here, or call 678-406-4000 and choose option 9.

IRA ACCOUNTS

Is an IRA Right for You?

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.

With an Individual Retirement Account, you also defer taxes by putting them off until you retire, when you may be in a lower tax bracket. You may want to consult your tax advisor to review your particular situation on the tax-deductible status of an IRA. Regardless of the amount you'll be able to save now on taxes, an IRA is a smart way for you to save for a secure retirement. For more general information, you can speak to one our representatives.

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.

Click here for information about Financial Planning, Investments and Insurance through INVEST.

Investment Account Application