Website: http://www.citizensbank.com

Authority: Citizens Bank is chartered as a national bank according to the FDIC and with its history dating back to 1828. It operates 1500 branches within 12 states (including Charter One) with most branches within Illinois, Massachusetts, Ohio, Michigan and New York.

How to open a Citizens Bank Certificate of Deposit:

You can call by telephone 1-877-360-CIRCLE to find out about opening up an account

You can also visit a Citizens branch to apply or learn more about other available terms or to rollover an existing Citizens Bank CD product. You can find your nearest branch using their Branch/ATM Locator tool on their website.

Information to consider when opening Citizens Bank 2 Year CD Rates:

Banks like Citizens Bank who provide retail deposit products like certificates of deposit would consider that interest expense is a liability for banks. Citizens Bank has various funding sources and tries to gain it cost effectively including retail deposits as well secured borrowings from the  Federal home Loan Bank and the Federal  Reserve Bank for example Therefore Interest-bearing deposit interest rates would be influenced by a number of factors. These factors may include the Fed funds Rate set by the federal reserve, funding and liquidity requirements, net interest margin, competition for deposits and regulatory requirements. For 2 Year rates, it would require Citizens Bank to forecast into the future to anticipate the above factors in particular the fed funds rate.

The below interest rate is for 24 months / 2 years and requires a minimum of a $1000.  This rate was calculated from 10002 - New York state location for Platinum and Platinum Plus Checking customers