Saving Options

Certificates of Deposit

$1000 minimum balance to open account ($500 minimum for minors)

• Fixed rate with terms ranging from 90 days to 1 year
• Interest can be paid monthly, quarterly or at maturity
• Early withdrawal penalty may apply
• FDIC insured up to $250,000 per depositor

Traditional IRA

• Before tax contributions
• Possible income tax deduction
• Earnings on contributions grow tax-deferred

Roth IRA

• After tax contributions
• Earnings on contributions grow tax-free when withdrawn as a qualified distribution

Education IRA

• After tax contributions
• Earnings on contributions grow tax-free when used to pay qualified education expenses such as tuition, equipment, fees, room & board

Give us a call and let us walk you through your options.
All accounts are FDIC insured up to 250,000.00 per depositor.
Please contact us for complete terms and conditions, as well as our current interest rates.