Being a division of the RBS Citizens N.A Citizens Bank offers traditional banking and investment products which are yet distinct in their attributes. You can place your funds in the various accounts offered by the bank and enjoy high returns on the balance. Checking accounts are available with different features and interest rates designed for people having different levels of income and lifestyle. There are checking accounts for businesses and firms also which enable them to earn interests and at the same time save cost on operating the accounts. Placing money in savings account at Citizens is the smartest choice when you want a high yield on your savings and when you want no worries regarding the minimal balance requirement.
Invest your money in the financial institutes which are insured by the FDIC and earn competitive yields that would enable you to meet your financial needs. The higher the amount of savings you place here, the higher the return you would get on the amount. You can also invest in the life planning products offered by the bank and secure yourself for unpredicted events and occasions in life. Citizen Bank’s retirement plan looks after your needs of the retirement phase and takes care of all the financial needs that may arise at the time of your retirement. Helping products to aid in retirement planning include savings and checking accounts, certificates of deposit and insurance plans.
With tax advantaged investments you need not worry about tax deductions on your investment returns. The range of products that are offered in this category are: traditional retirement accounts, fixed and variable rate annuities, college savings plans and simplified employee pension plan. Bankers at Citizens work to manage your risk portfolio in such a way that the returns you get are justified against the risk you undertake. They professionally design investment strategies for you to plan distributions in order to minimize income tax and estate tax. Build a diversified portfolio of stocks and exchange traded funds with no minimum investment using the sharebuilder facility of the bank. Account types that can be utilized with this investment include individual and accounts, retirement accounts for all, custodial and education saving accounts.
Small businesses also need investment strategies to maximize profits and save for further investments; this need is realized and catered at the Citizens Bank. Even businesses can invest in retirement plans to secure some funding for their future too. For short and long term investment and asset management needs, businesses can choose between a range of fixed income securities. Mutual funds alternatives are also available along with brokerage services for a business need of stock and bond investment. Businesses require greater security against unpredicted events and thus a wider range of insurance products are available for corporate clients to choose from. These include: life insurance for the key person, executive deferred compensation, disability income insurance, business overhead protection,
long- term care insurance and buy/sell funding.
Investment management services for non-profit ventures at Citizens contain an array of asset and risk control facilities which include: administration, fund raising, planned giving, estate planning, trusts, investment strategy and policy development etc. Segments of non-profit industry that can avail of these facilities may include the following fields: healthcare, educational, arts and cultural organizations and, foundations and endowments. Services of payment disbursal are extended to commercial clients to meet their regular payments to vendors, employees, investors and so on and at the minimal cost. A variety of financing products are also available for commercial customers so that they can manage their financial needs and yet obtain the required assets. Individuals and businesses have a wide variety of products available at Citizens Bank to manage their funds in the most profitable manner.
