Certificates of Deposit

If you have extra money on hand that you won’t need for a while, but you don’t want to put it in a risky investment, a certificate of deposit (CD) may be perfect for you. CDs are very low risk, but you receive a higher interest rate than normal savings accounts because you’re agreeing to not touch the money you invest for a period of time. We offer certificates of deposit in 1-month, 6-month, 12-month, 36-month, and 48-month terms, but we can be flexible if you need a different term.

• $1,000 minimum deposit
• Earns interest
• Free online banking
• Interest compounded and credited monthly
• Penalties may be incurred if you withdraw money from your CD before it matures

Individual Retirement Accounts

Individual Retirement Accounts (IRAs) are an easy way to grow your retirement savings and reduce your taxes. Our IRAs allow you to invest pre-tax or post-tax money into certificates of deposit (CDs). Contributing to a CD in your retirement account instead of mutual funds, stocks, or other investments means you can earn interest with less risk since your money isn’t exposed to the market. These accounts offer top market rates, low fees, and peace of mind that your nest egg is safe.

• $1,000 minimum deposit
• Earns interest
• Free online banking
• Interest compounded and credited monthly
• Penalties may be incurred if you withdraw money from your IRA before it matures