Comments on: Make More Than 3% With A 22-Month CD

By: Sal Liggieri

Sal Liggieri — Sun, 09 Aug 2009 22:43:11 +0000

As of August 10, their website now has the rate at 2.50%.

By: StJames

StJames — Sat, 08 Aug 2009 10:52:05 +0000

i just checked and that rate is no longer offered …

By: DealMaven

DealMaven — Thu, 06 Aug 2009 15:45:02 +0000

We checked again with Citizens First Bank in Port Huron and you absolutely do not need a checking account or any other banking relationship to open the special 22-month “new money” CD. And it still pays an amazing 3.15% APY.

By: Will

Will — Wed, 05 Aug 2009 18:20:03 +0000

It states that you have to have a checking account, but you DO NOT. I applied for a checking account online and just talked to a representative at the bank who informed me that was incorrect and you don’t have to have a checking account.

She then asked me if I really wanted to open a checking account with a bank in Michigan when I live in Texas. Ha…

By: TJ

TJ — Wed, 05 Aug 2009 17:25:03 +0000

You must have a checking acct with them to qualify for the 22 month 3.15% CD. Its a costomer special.

By: rd

rd — Tue, 04 Aug 2009 23:12:50 +0000

Up to and including the max. cap of $250K for eligible accounts.

By: Ralfie

Ralfie — Tue, 04 Aug 2009 15:25:58 +0000

The FDIC insures your interest up to the date the bank fails.

By: ck

ck — Mon, 03 Aug 2009 20:30:32 +0000

Your deposit is secure but do you get your interest if the bank assets are liquidated ?

By: skinny jenny

skinny jenny — Sat, 01 Aug 2009 20:26:56 +0000

Lots of banks offering the best rates are in financial trouble. They’re doing it to raise capital. But if Citizens First is FDIC insured — and it says it is on its Web site — your money is safe even if it fails and gets taken over by the government.

By: ck

ck — Sat, 01 Aug 2009 20:06:18 +0000

The bank has a one star rating on Bankrate. Not good.

By: renee kellis

renee kellis — Sat, 01 Aug 2009 18:20:57 +0000

are you fdic insured?

are you fdid insured

By: rd

rd — Sat, 01 Aug 2009 17:27:34 +0000

FDIC Certificate #: 30005 Bank Charter Class: SB

By: rd

rd — Sat, 01 Aug 2009 17:25:07 +0000

Citizens First Savings Bank has been FDIC insured since August 1, 1938
It was established on January 1, 1937.
Its main office (headquarters) is located at:
525 Water Street
Port Huron, Michigan 48060
County of St. Clair

By: Rate Checker

Rate Checker — Sat, 01 Aug 2009 15:46:50 +0000

This bank is not to be found on FDIC it appears someone is trying to
pull a quick one.