CDs & IRAs

Certificate of Deposit (CD)

• Competitive interest rates for specified term
  
• 6 months, 12 months, 18 months, 24 months, 36 months terms available with a minimum opening deposit of $1,000.00
  
• Early withdrawal penalties may apply

Term Savings CD

• 6 months and 36 months terms with a minimum opening deposit of $100,000.00 and daily balance of $100,000.00.
• Liquid CD
• You may make 3 withdrawals from your account every term in increments of $5,000.00 without any penalty. A penalty of 3 months interest on the amount withdrawn for withdrawals in excess of 3 per term may be imposed.

Individual Retirement Account (IRA)

• Opening Deposit $1,000.00 minimum.
  
• A secure way to invest money for retirement.
  
• Depending on your individual or family income, deposits may be fully or partially tax deductible. The rules & restrictions governing IRA’s are many: check with your tax advisor for the benefits of an IRA for your specific situation.
  
• Rollovers or transfers from other retirement plans are available.
  
• The funds are invested in federally insured Certificates of Deposit.
• Each depositor is insured up to $250,000.
  
• We offer Traditional and Roth IRA’s.