CDs & IRAs

Certificates of Deposit

Ideal investment account insured by the F.D.I.C. for investors seeking a higher rate of interest for a fixed term (and may also be used for I.R.A.’s (Individual Retirement Accounts).

• Term deposits
• Customer selects term from 91 day to 5 Years
• Minimum deposit on selected terms from $500.00 to $2,500.00
• May be used for Individual Retirement Accounts (I.R.A.)
• Annual percentage yield according to term of certificate
• Ask for our Truth-in-Savings Disclosure for the terms and conditions
• Online Banking
• Early withdrawal penalty if principal is withdrawn before the maturity date

Individual Retirement Accounts

A flexible savings for retirement insured by F.D.I.C. with many options for you to choose from:

• Free of annual fees
• Traditional, Roth & Coverdell Educational IRA’s available
• You choose a Certificate of Deposit with minimum balance of $500.00
• If you have less than $500.00 (the minimum balance for Certificates of Deposit), select our I.R.A. Statement Savings Account.
• Investment terms from 91 Day to 5 Years
• You choose the term at renewal
• No bank penalties for regular distributions (There may be Federal IRS taxation penalties for withdrawals)
• Ask for our Truth-In-Savings Disclosure for the certificate terms and conditions