CDs and IRAs

Certificates of Deposit - CDs

Account Description

Time deposit accounts

Requirements

Minimum balance to open $500.00

Features

  • Choose from a number of terms at competitive rates
  • Interest paid by check or credit to another account monthly or quarterly
  • Interest compounded to the certificate quarterly
  • Penalty for early withdrawal

Individual Retirement Accounts - IRAs

Account Description

Savings or time deposit accounts

Requirements

Minimum balance to open $500.00

Features

  • Choose from a number of terms at competitive rates
  • Additional deposits allowed on IRA savings accounts
  • Interest compounded to certificate annually
  • Penalty for early withdrawal on IRA Certificate of Deposit