CDs & IRAs

• $1,000 minimum deposit required. Penalties apply for early withdrawal.

• Interest can either be paid to the customer monthly, quarterly or at term can be compounded to the certificate quarterly

Individual Retirement Account

Reduce your tax liability on your invested funds.

• Traditional IRA
  
  The traditional IRA is an account that allows the investor to defer taxes on earnings until funds are withdrawn. Certain contributions are tax deductible in the year they are made. If the investor is under age 70 ½ for the entire tax year and has earned income, he or she is eligible to establish a traditional IRA.

• Roth IRA
  
  The Roth IRA is a nondeductible account that features tax-free withdrawals for certain distribution reasons after a five-year holding period. There are two requirements for eligibility to contribute to a Roth IRA: the investor must have earned income and the investor’s modified adjusted gross income can not exceed certain limits.
  

Financial Calculators
How much do I need for a rainy day, retirement, my child's education, a dream vacation - click here to calculate how much you will need for those special times.

Customer Service
Contact one of our friendly customer service representatives at one of our locations. They will be happy to help you find the certificate of deposit or IRA that's right for you.

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