• Certificates of Deposit (CDs)
• Individual Retirment Accounts (IRAs)

certificates
          OF DEPOSIT (CDs)

Our Bank’s Certificates of Deposits give you the option to choose the amount of money to invest and the length of time you want to invest. Certificates of Deposit are one of our highest yielding investments.

Benefits:

• Competitive interest rate
• Security of FDIC Insurance on insured amounts
• $1,000 minimum to open
• Certificates of Deposit can automatically renew
• Compounded Interest, if you renew your certificate within 10 days, you may add your interest to your certificate at maturity
• Interest earnings are:
• Added to the Certificate
• Deposited to a checking or a savings account
• Issued an interest check

Terms

• 3-Month Certificate
• 6-Month Certificate
• 12-Month Certificate
• 13-Month Certificate
• 24-Month Certificate
• 36-Month Certificate
• 60-Month Certificate

Early withdrawal penalty will apply.
If you need a special term, please see a Customer Service Representative.

individual
          RETIREMENT ACCOUNTS (IRAs)

A great way to save for your retirement years while getting the tax benefits today.

Traditional IRAs
The Traditional Individual Retirement Account (IRA) allows you to make tax-deductible contributions to an account which accrues interest of capital gains on a tax-deferred basis until they are withdrawn at your retirement. You must start receiving distributions from your account by April 1 of the year following the year in which you reach age 70 ½.

Benefits:

• Available for short and long term investments
• Great tax deferral while paying for retirement

Terms:

• 18- Month Variable Monthly
• 5- Year fixed