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Paradise Bank
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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 A penalty of 3 months interest on the amount withdrawn for withdrawals in excess of 3 per term may be imposed.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.
Call your local branch to schedule an appointment to open an account at Paradise Bank.
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