CDs & IRAs

If you are looking for another way to maximize earnings, let a Share Certificate boost your balance for a duration of your choice. Invest as little as $2,500 for a 6 or 12 month term, or choose a 18, 30, or 36 month term for an investment of $1,000.

Earn competitive dividends with an IRA Share Certificate. With flexible deposit amounts and terms, they are an advantageous retirement savings option where dividend income can be deferred.

Features

• $500 minimum for 30 months
• $2,000 minimum for 6 months
• No monthly fees

Whether retirement is approaching quickly or in the distant future, developing a sound saving strategy is essential. Traditional and Roth IRA options can support your retirement planning needs. Contributions may be made in lump sums, dividends are paid monthly and there are no monthly fees.

Traditional IRA

A Traditional IRA is an account that allows you to defer taxes on your earnings until they are withdrawn. Certain contributions may also be tax-deductible in the year they are made. Consult your tax advisor for further information.

Roth IRA

A Roth IRA is an account that features tax-free withdrawals for certain distribution reasons after a five-year holding period. Since Roth IRA contributions are non-deductible in the year they are earned, members who expect to be in a higher tax bracket when they retire may benefit more from a Roth IRA than a Traditional IRA. Unlike the Traditional IRA, there is no requirement to begin taking distributions at age 70 ½.