Your First Account at CFB

Build a Strong Foundation with Citizens First Bank. At CFB, we’re not just a bank; we’re your neighbors, friends, and partners in your child’s financial journey. Our commitment to the local community is as strong as our dedication to your family’s financial well-being.

With the CF Bee youth UTMA savings account, your child can benefit from a 1.00% interest rate, 1.01% annual percentage yield (APY) on balances up to $1,000.00. By choosing CF Bee, you’re ensuring that your child’s financial future is built on a solid foundation, supported by your local financial experts.

Join us today, and let our community-based approach to banking guide your child toward a financially secure future. Together, we’ll make sure they’re well-prepared for whatever life brings their way.

 

An Adorable tiny cute alien bee with large round eyes wearing acid-etched silver and navy

Proud cartoony droid-bee, with an armor

A teenage droid bee with large round goggles wearing acid-etched silver and navy armor

An Adorable tiny cute alien bee with large round eyes wearing acid-etched silver and navy

Proud cartoony droid-bee, with an armor

A teenage droid bee with large round goggles wearing acid-etched silver and navy armor

Buzzing with Benefits

CF Bee Youth Accounts for Smart Savings

At Citizens First Bank, we believe that financial education begins early, and that’s why we’ve designed our youth savings account to help your children thrive financially. Our friendly bumble bee mascots guide you through the exciting world of banking, making learning about money a fun adventure. With CF Bee, your children can experience the joy of saving and responsible spending while reaping the benefits of local support. By choosing CF Bee, you’re not only investing in your child’s future, but you’re also investing in the future of your community. Join the hive and let us nurture your child’s financial growth with personalized, local care.

 

Nurture Financial Independence

Empower Youth to Learn About Banking and Money Management the Local Way. Citizens First Bank’s “CF Bee” youth account is more than just a place to store money; it is a stepping stone toward financial independence. We understand that every child is unique, and so are their financial needs. Our youth account is tailored to provide valuable financial insights while nurturing independence. We offer resources and support to guide your children on their financial journey, helping them make informed decisions. With CF Bee, your children learn to manage their money wisely and understand the importance of community values. Join us in helping your kids take their first steps toward financial success while staying connected to the local community.

 

 
 

CF Bee: Guiding Your Child’s Financial Future

A Uniform Transfers to Minors Act (UTMA) savings account is a type of financial account established for the benefit of a minor, typically a child or a grandchild. UTMA accounts are designed to allow adults, often parents or guardians, to save and invest money on behalf of a minor while still maintaining control over the account until the minor reaches a certain age, which in the state of Iowa is 18.

With the CF Bee youth UTMA savings account, your child can benefit from a 1.00% interest rate, 1.01% APY on balances up to $1,000.00. By choosing CF Bee, you’re ensuring that your child’s financial future is built on a solid foundation, supported by your local financial experts.

 

Join the Hive today!

 

CF Bee Account Rates

Account TypeAPYInterest RateTierMinimum Balance to OpenMinimum Balance to Obtain APY
CF Bee Savings Account 1.01% 1.00% $0.01 - $999.99 $0.00 $0.01

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0.10% 0.10% $1,000.00 and above $0.00 $0.01

Interest Rates and APY may change after the account is opened.
Effective Date: December 4, 2023

 

CF Bee Account Perks

  • Welcome to the Hive! A special packet of promotional items will be offered when the account is opened.
  • All CF Bee Account holders can come to the Annual CF Bee financial literacy event, by invitation only.
  • CF Bee will send the account holder a birthday card each year, it includes a coupon good for a cupcake or frosted cookie at Sweetheart Bakery, or a scoop of ice cream at Happy Joe’s
  • Learn about interest – by earning it! Account balances up to $1000.00 earn 1.00% interest rate, 1.01% APY.
  • Financial Education for families, provided by your trusted Citizens First Bank Personal Bankers.

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