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