business_banking_collage

Business Banking Products and Services


Business Checking Accounts: 
Citizens State Bank offers several different types of accounts to meet the varying needs of a business.  Come in and talk with a service customer service representative about what you want in a business checking account and we’ll custom fit our checking products and services so that you get exactly what you’re looking for.  

Business Savings Accounts:  Citizens State Bank offers several different types of accounts to meet the varying needs of businesses.  Visit any of our convenient locations to talk to a representative about which savings account would provide you with the most benefits.

  • ICS – Insured Cash Sweep  

    If you have deposits at a single bank in a single ownership capacity, then you have access up to $250,000 in FDIC insurance at that bank.  But with ICS, the Insured Cash Sweep service, you can access multi-million-dollar FDIC protection by working directly with just one bank that offers ICS. Financial institutions that offer Insured Cash Sweep are members of a unique network – the ICS Network. Everything is handled through an ICS Network member of your choice. When you place a large deposit with an ICS Network member, that institution uses the ICS service to place your funds into demand deposit accounts (using the ICS demand option), money market deposit accounts (using the ICS savings option), or both, at other FDIC-insured member institutions. The placement of your funds occurs in increments below the standard FDIC insurance maximum of $250,000 so that both principal and interest are eligible for FDIC insurance. By working directly with just one institution, you can access insurance coverage from many. And, you receive just one regular, monthly account statement for each service option utilized.
  • CDARS 

    Everything is handled through a CDARS® Network member of your choice. The thousands of financial institutions that can offer CDARS are members of a unique network. When you place a large deposit with a CDARS Network member, that institution uses the CDARS service to place your funds into CDs issued by other members of the CDARS Network. This occurs in increments below the standard FDIC insurance maximum ($250,000) so that both principal and interest are eligible for FDIC insurance. By working directly with just one institution, you can receive coverage from many. And, you receive just one regular, consolidated account statement.
  • Certificates of Deposit (CD):
     With a Citizens State Bank CD, you’ll have the peace of mind that your dollars are growing safely in an account that is insured by the FDIC. Interest is paid monthly, quarterly, semiannually, or at maturity depending on the length of term you choose. There is a substantial interest penalty for early withdrawal.

Internet Banking:  Access your account anywhere you have Internet access.  This is a secure and convenient way to manage your funds anytime, day or night.  

•  View transactions
•  Transfer funds
•  View e-statements
•  Stop payments
•  Pay bills (To sign up for Internet Bill Pay, user will need to sign up at the bank)
•  Utilize cash management tools

Online Bill Pay:  Using your Internet Banking access, log in and pay bills in a fraction of the time it takes to pay bills the traditional way. This is a complimentary service available to all CSB checking account holders.  Best of all, it saves you money every time you pay a bill online. 

•  Customize your payee list
•  Schedule automatic recurring payments
•  Choose the date you want your bill paid
•  Review pending payments

Mobile Banking:  Our upgraded Mobile Banking app is available on both the Google Play and Apple iTunes stores. Additional details and instructions for how to download and install the new app are available by scrolling down on this page.

If you’re new to mobile banking or have never tried it before, now is the perfect time to download the Mobile Banking App so you can bank using your smart phone. With it, you can keep tabs on your account balances, transfer funds, make loan and bill payments and more. Install it today an enjoy the convenience.

If you have any questions, or if you experience any issues installing or using the updated app, feel free to contact a customer service representative at any of our three locations.

CSB Mobile Banking App for AndroidTM:  

Visit Google Play Now!  Click here to access Google Play and download the CSB Mobile Banking app to your computer: 

csbandroidappScan to Download the App:  Use the QR code scanner on your phone to scan the code and download the CSB Mobile Banking app to your Android phone now.

CSB Mobile Banking App for iPhoneTM:  

Visit App Store Now!  Click here to access App Store and download the CSB Mobile Banking app to your computer: 

csbiphoneappScan to Download the App:  Use the QR code scanner on your phone to scan the code and download the CSB Mobile Banking app to your iPhone now.

 

User Guides:

View our Online Bill Pay User Guide
View our FAQ
View our Mobile Banking App User Guide

Business VISA® Card: 

 The Citizens State Bank Visa® Business Card is the card with a focus on your bottom line. It can provide your business with all the flexibility of a premium consumer credit card and the peace of mind knowing that we service the cards locally. You set the spending limits, and then you’ll receive detailed statements to let you know exactly how and where the cards have been used.  Visit one of our convenient locations and talk to a bank representative about the additional benefits.  

Business VISA® ATM/Debit Card: 

 Access your account at ATMs worldwide. Withdrawal funds or make deposits 24/7 using your CSB VISA® ATM/Debit Card. You can also use it  to make transactions anywhere you see the VISA® logo.  Your purchases are paid from your checking account, so there’s no bill to pay later.  And if you need cash, you can use the “cash back” option that’s available at most merchants. 

Business Loans:  Citizens State Bank offers a variety of different business loans to meet the unique needs of local businesses.  

•  Commercial Loans
•  Ag Loans
•  Leasing Programs  

Merchant Services: Citizens State Bank offers businesses the tools businesses need to provide them with convenient access to their funds.

• Debit and Credit Card Payment Processing:  Make it easy and convenient for customers to purchase goods and services by utilizing our debit and credit card payment processing.  It’s a great way to increase sales and streamline cash flow. Your CSB merchant services representative will assist you every step of the way.

• Remote Deposit:  Deposit checks directly from your office PC.  This convenient service will save you time and money.  We provide the scanner, software and training to have you scanning checks from your desk and depositing them in the bank.  The image of the customer’s check is stored on your hard drive and your deposit is sent over a secure and encrypted Internet connection.  An e-mail confirmation will be delivered overnight showing all activity for the previous day.  Ask you CSB merchant services representative for details.