Started in 1972, Citizens Tri-County Bank has $826 million in assets as well as deposits totaling $734 million, classifying the institution as a medium-size bank. Citizens Tri-County Bank, whose headquarters are in Dunlap, Tennessee, lacks premium access to customer service, with no live chat or all-day service options available. It is a conventional brick-and-mortar bank with access to service representatives at a physical location, in addition to its online and mobile apps. Overall, Citizens Tri-County Bank is a solid pick to be your bank, with a rating of 4.3 out of 5 stars from the SmartAsset team. Citizens Tri-County Bank has a complete suite of banking products, which include savings accounts, checking accounts, money market accounts, CDs, IRAs and mortgage products. It has a fair savings rate; other popular banks have higher rates. The bank's standard checking account carries a $5.00 monthly fee, although banks sometimes have requirements that allow you to waive the fee. Locating a bank with no-fee checking and a high savings APY is the best bet for getting the highest income on your deposits while having easy access to your funds.
The overall rating is a weighted average of rates, fees, service quality and financial health.Read more
Citizens Tri-County Bank has a savings rate of 0.95%, which is fair as compared against the national average. Its one-year and five-year term lengths CDs earn at a rate of 1.66% and 2.79%, respectively, while its highest-yielding money market account has a rate of 1.01%. Given Citizens Tri-County Bank's below average savings rate, you should think about choosing another bank to earn more on your deposits.
How Citizens Tri-County Bank's Savings Rates Compare
Citizens Tri-County Bank has typically average fees as compared against the national average. Citizens Tri-County Bank's checking account has a monthly fee of $5.00, making it fair for anyone looking for a simple account. Additionally, Citizens Tri-County Bank has an overdraft fee of $24.00, which is noticeably lower than the average overdraft fee charged by U.S. banks. Citizens Tri-County Bank does not refund out-of-network ATM fees, meaning you will have to search for a Citizens Tri-County Bank ATM or eat the cost of withdrawal.
Citizens Tri-County Bank is a brick-and-mortar bank, with 26 total branches in Tennessee. With mobile and web apps, Citizens Tri-County Bank makes mobile banking straightforward, even on the go. Citizens Tri-County Bank gets average reviews from users for its mobile platform. Out of 61 customer reviews across both Apple and Android platforms, the Citizens Tri-County Bank mobile app is scored at 3.7 out of 5 (compared to the national average of 3.8). You can access Citizens Tri-County Bank's app to manage your accounts by looking at monthly statements, sending and receiving funds and accessing support representatives. Citizens Tri-County Bank gets a superb consumer satisfaction rating due to comparatively few complaints reported to the Consumer Financial Protection Bureau (CFPB), a government financial agency that protects consumers in the financial sector.
Citizens Tri-County Bank is a medium-size bank with $826 million in assets as well as $734 million in deposits. Citizens Tri-County Bank's Texas Ratio is 12.62%, indicating that Citizens Tri-County Bank is in fine financial well-being and improbable to fail. Additionally, Citizens Tri-County Bank is FDIC-insured, meaning that your money is insured up to $250,000, even in the event of bank failure.
Texas Ratio Analysis
The Texas Ratio, a measure of a "bad assets" against available capital, can provide an early warning sign of bank failure. A low ratio indicates smaller chance of failure; a higher ratio suggests greater risk.Back to Overview
Compare Citizens Tri-County Bank to Other Competitive Offers
|Product||Current Terms and Rates||Minimum Balance for APY|
|Savings Account||0.95% APY||$1|
|Checking Account||0.75% APY||$500|
|Certificates of Deposit|| ||$500 for all terms|
|Money Market Account||1.01% APY||$2500|
Citizens Tri-County Bank has several deposit products like savings accounts, checking accounts, money market accounts and CDs that provide you with many options to manage your money. Citizens Tri-County Bank does not have the best savings rate, which means you should consider other options for banks that deliver more return for your money. CDs can be a terrific option to achieve higher returns, but there are limitations to accessing your money. Citizens Tri-County Bank's CD rates are fair compared to other U.S. banks.Back to Overview
Find a Citizens Tri-County Bank Near Me
Citizens Tri-County Bank has 26 locations across the U.S.Back to Overview