certificates of deposit & individual retirement accounts

We all know that building a nest egg is the smart thing to do for retirement, education and rainy days. Plus, CDs & IRAs offer peace of mind for security-conscious savers.

 

Certificate of Deposit
We offer fixed and variable rate Certificates of Deposit with a wide range of terms and interest payment options. Ask us to design a CD just for you.

 

  • Variety of terms and maturities available
  • Interest compounded and paid periodically

 

Individual Retirement Accounts
Start your retirement account early and watch it grow. We offer several IRA options to meet your retirement and educatonal savings goals.

 

  • Fixed and variable rate IRAs
  • Variety of terms and maturities available
  • Traditional, Roth and Coverdell

 

Individual Retirement Accounts (IRA)
Make investments that will grow tax-deferred until you remove money from your account. Your contributions to a
Traditional IRA may be tax-deductible depending on your participation in a workplace retirement plan and certain
income limitations.

Roth Individual Retirement Account (IRA)
If you do not exceed certain income limits, a Roth allows you to invest money by making non-deductible contributions that grow tax-deferred. You can make these investments whether you are covered by an employee-sponsored retirement plan or not. Working taxpayers and non-working spouses of any age may be eligible to open a Roth IRA.

 

Coverdell Education Savings Account (ESA)
If you are wondering how to pay for your child’s education, a Coverdell Education Savings account can be a smart way to save. Your withdrawals are tax-free if used for tuition, books, and other qualified expenses. These funds can be used to fund more than just college - even elementary and secondary school expenses qualify.

 

Ask us for more details on Certificate of
Deposit and IRA options.