CDs & IRAs
Certificates of Deposit
- Required minimum for opening an account $500.00 ($100.00 for IRA's)
- Penalty will be charged for early withdrawals (No penalty in case of death)
- Interest is credited quarterly on 1, 2, 3, & 4 year and 13 and 14 month certificates or a check may be mailed monthly or quarterly.
- Interest is credited at maturity on 91 day, 182 day and 9 months certificates
- Interest may be mailed monthly on the 91 day, 182 day & 9 month certificates
- Certificates are automatically renewable unless a written notice is given.