CD's & IRA's

Individual Retirement Account

An Individual Retirement Account (IRA) is a personal tax-deferred retirement savings plan

Pay less taxes
Contributions could be deducted from your yearly gross income which can lessen your federal and state income tax.
Tax-deferred savings
Both your IRA contribution and the interest you earn on the account are not taxed until money is withdrawn and usually tax is at a lower rate when withdrawn at retirement.
Disability protection
You can withdraw funds without penalty if you become permanently disabled.
Security
You can have peace of mind about your investment because your IRA is insured up to $250,000 by FDIC.
Specialized retirement plans
Unique savings opportunities can be addressed with specialized retirement plans for education and medical expenses.

An investment that pays a higher rate of interest for a specific term.

$2,500 minimum deposit
You only need a minimum deposit of $2,500 to start your investment.
Competitive interest rate
You receive a better return than a regular savings account because of the higher rate.
Guaranteed interest rate
Rate at the time of purchase remains the same for the full term of your investment.
Term flexibility
You may purchase CD’s for terms from 6 months to 60 months.
FDIC insured
Your money is safe and insured up to $250,000 by the FDIC.