Building on Our Heritage of Community Pride

CDs & IRAs

Certificates of Deposit 

Certificates of Deposit are an ideal way to save. You can earn a higher rate on your deposits by locking into a specified term. 

  • Minimum opening deposit and minimum balance of $1,000 
  • Interest is compounded monthly 
  • Automatically renews at maturity at the current rate being offered 
  • Competitive rates

Substantial penalty may be imposed for early withdrawal 

Fees could reduce the earnings on the account 

Individual Retirement Accounts

Individual Retirement Accounts are a great savings plan for your retirement years while at the same time receiving special tax benefits. 

  • Minimum opening deposit of $1,000.00 
  • Allows you to save for retirement, sheltering your earnings until distribution 
  • Interest is compounded monthly 
  • Competitive rates

Substantial penalty may be imposed for early withdrawal 

 

┬ęCopyright 2012 Bank of Belle Glade. Member FDIC. Equal Housing Lender.