Certificate of Deposit Products

Personal Certificate of Deposit / IRA - See Rates

Personal Certificate of Deposit Account

• Minimum deposit of $2,500.00 to open the account
• We offer a rewarding choice of short-, medium-, long-term investment options with terms ranging from 7 days to 5 years
• You will be paid the disclosed rate until first maturity
• Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day
• You may only make additional deposits into your account during the grace period
• Principal withdrawn before maturity is included in the amount subject to early withdrawal penalty

IRA

• Minimum deposit of $100.00 to open the account
• 18-month fixed term
• You will be paid the disclosed rate until first maturity
• Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day
• You may only make additional deposits into your account once a year during the term of the account without effecting the term or maturity date of the account
• Principal withdrawn before maturity is included in the amount subject to early withdrawal penalty. For age 59 ½ and older, no penalty will be imposed for distribution once in a calendar year.