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Security Statement

Products and Services: CDs and IRAs
TIME CERTIFICATE OF DEPOSIT (CDs)
  • $500 minimum opening deposit
  • Terms from one (1) month to five (5) years
  • Automatically renewable at maturity
  • 10 day grace period
  • Interest compounded daily
  • Interest will be credited:
      At maturity if your account has an original maturity of 30 to 179 days
      Every quarter if your account has a maturity of 180 days or more
  • A penalty may be imposed for withdrawals before maturity

INDIVIDUAL RETIREMENT ACCOUNT (IRAs)

  • Variable Rate Terms:
      1 Year
      18 Months
      $100 minimum to open
      Rates subject to change after the account is opened
  • Fixed Rate Terms:
      18 Months
      2 Years
      3 Years
      4 Years
      5 Years
      $500 minimum to open
  • Interest compounded daily
  • Unlimited deposits allowed
  • Interest will be credited every quarter
  • A penalty may be imposed for withdrawals before maturity