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Business Banking


Business Checking and Savings

Whatever your business needs may be, Citizens National Bank can tailor a checking account to meet your exact needs.

Business Checking

  • $500 Minimum Balance
  • If account falls below minimum balance, there is a $6 monthly fee.
  • Paper Statement includes check images
  • Free Online Banking with Bill Payment
  • Eligible for two (2) free debit card

Business Super N.O.W.

A Business Super N.O.W. (Negotiable Order of Withdrawal) account is an interest bearing checking account available to sole proprietor business owners and certain non-profit organizations. Corporations for-profit are not eligible.

  • $500 Minimum Balance
  • Interest rate is subject to change monthly. The interest is compounded daily on your daily ending balance and added to your balance at the end of the statement cycle.
  • If account falls below minimum balance, there is a $10 monthly fee
  • No interest will be paid on the account balance during the days it is below $500
  • Paper Statement includes check images
  • Free Online Banking with Bill Payment
  • Eligible for two (2) free debit cards

Business Savings

Competitive interest rates, compounded daily, and paid quarterly.

  • Minimum Opening Deposit – $25
  • Six (6) transaction withdrawals allowed quarterly; a fee of $1 for each withdrawal exceeding limit will be assessed.
  • $3 service charge will be assessed on an active account if the balance falls below $100 during a calendar quarter.
  • Account does not earn interest if balance is less than $25

Business Money Market

Citizens Money Market Fund is a limited transaction, high interest account. The rate of interest is tied to current Money Market rates and is subject to change monthly. By maintaining a higher balance, you can earn a higher interest rate. Interest on the Money Market Fund is compounded daily, determined by the daily ending balance and added to the balance at the end of the month. The Business Money Market account has two rate structures: $500 – $49,999 and $50,000 – over.

  • If the account balance falls below $500, a $10 monthly service charge will be assessed.
  • No interest will be paid on the account balance during the days it is below $500.
  • You are permitted six (6) withdrawals from the account each month. If this number is exceeded, a $10 charge will be imposed for each item in excess of six (6).
  • Free Online Banking with Bill Payment

Citizens Gold Money Market

For those who maintain a higher balance in their Money Market Account and do not need access to the funds on a regular basis, this high yield Money Market is just for you!

  • Minimum balance of $25,000 required. If balance falls below minimum, interest is forfeited only on the days the balance is below the minimum.
  • One internal withdrawal or transfer per month allowed.
  • Additional transfers are a $10 fee.
  • Checks are not provided.
  • Interest rate is subject to change monthly.

Payroll Deductions

Citizens National Bank’s Payroll Deduction program provides our customers’ employees the ability to set aside a portion of their paycheck for savings or loan payments.

On payday, the employer sends Citizens National Bank a single payment for the total deductions plus a list of employees taking part in the plan.

When we receive these payroll transactions, they will be automatically applied to the appropriate accounts. To ensure accuracy, our operations staff balances each transaction. This service has been well received by employers and employees of the companies now participating. People enjoy the ability to automatically contribute to a savings plan and/or make weekly or bi-weekly loan payments rather than making a full month’s payment at one time.

We would be glad to help you develop this service for your organization.

Please contact us for further details.



Cash Management

Through the use of the Federal Reserve Banking System, Citizens National Bank has the ability to electronically perform transactions for you at other banks across the nation. Those transactions include wire transfers, payroll distribution, cash concentration and bill payment.


Payroll Distributions & Direct Deposit

Provide your employees security in knowing their “check” has been electronically deposited in the bank on payday. You may transmit payment for employment services to your employees’ checking accounts whether their bank is in-county, in-state or out-of-state.


Cash Concentration

Collect your funds in a timely manner. You can initiate electronic entries to debit accounts in other banks without creating or waiting on paper drafts to clear. The transactions will be performed and the funds applied to your account on the day you specify.

Bill paying can be made simple by using Cash Management. For example, your telephone or electric bill could be paid each month without writing a check. The amount would be automatically deducted from your specified account.

For more information on any of these services, contact Amanda Vandivor at 606-679-6341, ext. 2205.



Merchant Processing

Now Offering Merchant Processing through the iPhone!

Whether your business is specialty retail, lodging, restaurant, mail order, or internet, our credit card processing services offer a full array of options and solutions.

We process all major credit and debit cards including Visa, MasterCard, American Express, Discover and Voyager, all at very competitive rates. We can set your business up to process checks with guaranteed payments, offer a gift card program, and offer EBT processing. With easy terminal installation and training, you will be up and running in a matter of days – not weeks.

If you are currently processing with another credit card processor, Citizens National Bank would like to have the opportunity to compare our rates to make sure you are receiving the best price.

To inquire about our processing, please call 606-679-6341 ext. 2237.

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