CDs and IRAs
Certificate of Deposit
- Initial deposit required to open: $1,000.00
- Terms offered: 3, 6, 12, 18, 24, 36, 48 and 60 months
An early withdrawal penalty may apply. See a customer service representative for more details.
Individual Retirement Account (IRA)
- Initial deposit required to open: $1,000.00
- Terms offered: 12 months
Types of IRAs offered: Traditional and Roth
- Traditional: pay taxes later, contributions may be tax deductible*
- Roth: pay taxes now, tax free qualified withdrawals*
*Certain restrictions and conditions apply. Not all tax advantages may be available to you. Specific questions on taxes, contributions, deductible qualifications and withdrawal rules, as they relate to your to your individual retirement accounts, should be reviewed with your professional tax advisor.