Savings Accounts, CD's and IRA's
We have a variety of ways to help you save for a rainy day, your dream vacation or your retirement.
Personal Statement Savings
- Minimum to Open: $25.00
- Minimum Daily Balance: $300
- Monthly Fee: $3 (waived if daily balance stays above $300 or you are under 18 or over 60 years of age)
Certificates of Deposit
- Competitive interest rates
- Terms range from 90 days to five years
- Convenient automatic renewal
- Minimum to Open: $1000
- Most CD's are available as IRAs
Traditional & Roth IRA's
- Contribute up to $5000 or 100% of earned income, whichever is less; contributions may be tax deductible
- Customers age 50 and over are eligible for an additional catch-up contribution of $1000
- Traditional IRA earnings grow tax deferred but are taxable as income upon withdrawal (exceptions may apply)
- Roth IRA earnings grow tax exempt
- Check with your tax advisor to see if you're eligible for a tax deduction
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