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Savings Accounts

 
Certificate of Deposit (CD)
Minimum opening deposit - $1,000
Maturities range from 30 days to 5 years
Substantial penalty for early withdrawals
All CDs are automatically renewable
 
   
Individual Retirement Accounts (IRA)
Minimum opening deposit - $1,000
(with exception of our Open IRA which may begin as low as $50)
Must be under 70 1/2 years old and have an earned income
Substantial penalty for early withdrawals
Maturities range from 6 months to 5 years
All CDs are automatically renewable