• Certificates of Deposit
• Coverdell Education Savings Account (formerly Education IRA)
• Individual Retirement Accounts (IRAs)
• Roth IRA

Certificates of Deposit

From three months to four years, our CDs offer guaranteed rates, insured safety, and the peace of mind only money in the bank can bring! Subject to penalty for earlywithdrawal.

The basic FDIC insurance limit for a depositor is $100,000.

Coverdell Education Savings Account* (formerly Education IRA)

This account provides a tax-free way to save for education expenses for any minor child until the age of 18 on a nondeductible basis. Earnings grow tax-free, and withdrawals for qualified education expenses are also tax-free. Bank withdrawal penalties may apply.

Individual Retirement Accounts (IRAs)*

For the option of tax-deferred earnings and competitive rates, an IRA is an excellent choice. An IRA is a special tax-deferred savings plan that offers a unique and simple way to save for retirement. Our knowledgeable specialists can help you choose the best IRA vehicle for your needs. Contact your tax advisor for your tax deductibility status.

Roth IRA*

The major benefit of a Roth IRA is tax-free earnings growth. Although contributions to the Roth IRA are not tax-deductible, the contributions can be removed at any time without federal taxes or penalties. You are not required to receive distributions at 70 ½ and in most cases, you can pass your Roth assets to your heirs free of federal income taxes. Bank withdrawal penalties may apply.

Withdrawal of earnings is tax-free if certain distribution rules are met.

*IRAs FDIC insured in aggregate per owner up to $250,000.

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