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Certificates of Deposit

Interest rates are fixed and guaranteed for the full term of your deposit. Convenient terms covering time periods from 90 days to five years are available to fit your specific needs or goals. Minimum balance is only $500 and interest on term deposits compounds monthly.


  • $500 minimum balance required to open and to earn interest
  • Interest on term deposits is compounded monthly
  • Flexible terms available

Rates subject to change without notice. Minimum $500 to open account and earn Annual Percentage Yield (APY). Transactions are not allowed during the term of the CD. Penalties apply for early withdrawals. For account related fees, please see our Consumer Banking Schedule of Charges.

Individual Retirement Accounts

Save on taxes now and plan for your retirement. Accounts can be opened with as little as $25. Choose from Traditional Individual Retirement Accounts, Roth IRA's or Coverdell Savings Accounts. Each is fully insured with guaranteed interest, no risk to principal and a variety of terms available.

IRA Account Types

Traditional IRA's

The benefit of a traditional IRA is that your contribution is tax deductible. Taxes come due in retirement when you take distributions, or make withdrawals, from the IRA.

Roth IRAs

The benefit of a Roth IRA is that your withdrawals in retirement are not taxed. A Roth IRA operates in reverse of a traditional IRA: You pay taxes upfront, meaning your contributions are not tax deductible.

Coverdell Savings Accounts

A Coverdell Savings Account is similar to a Roth IRA in that they both allow you to make an annual non-deductible contribution to a specially designated investment trust account. While Roth IRA's benefit you in retirement, Coverdell Savings Accounts are a savings plan for higher education, used to cover costs such as tuition, fees, books and other qualified educational expenses.

Penalties apply if you withdraw your deposit before the maturity date. Interest on your account will be compounded monthly. Fees could reduce earnings on your account. Please consult with a tax advisor to determine tax savings. Refer to the Consumer Banking Schedule of Charges for details.