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Savings and Investment Options

Smart Ways to Grow Your Money

From Certificates of Deposit to IRAs, Coverdell Education Accounts, and Savings Bonds—discover flexible options to make your money work harder for you.

Term Share Certificates

A Term Share Certificate (similar to a Certificate of Deposit) is a smart way to earn more on your savings without taking on extra risk. With competitive rates and flexible terms, you can put idle funds to work and grow your money faster than a standard savings account.

Features:

  • Terms from 3 to 60 months
  • Minimum investment: $500
  • Step-Up Option: Increase your interest rate once during the term
  • IRA and Jumbo options available*
  • Use as collateral for a loan at just 2% above the certificate rate

View Rates     Call or Visit Us to Open an Account!

*IRA and Jumbo terms are from 12 to 60 months with a minimum investment of $25,000

 

IRA Share Account

An IRA Share Account works like a regular share savings account, allowing you to make deposits at your own pace via cash or payroll deduction.

View Rates     Call or Visit Us to Open an Account!

 

Individual Retirement Accounts (IRA)

Traditional IRA

  • Build retirement savings with tax-deferred growth
  • Contributions will be tax-deductible
  • Withdrawals allowed starting at age 59½

 

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Roth IRA

  • Contribute at any age; no required distributions
  • Tax-free withdrawals after 5 years if you are 59½, disabled, using funds for a first-time home purchase, or to a beneficiary
  • Earnings grow tax-deferred

 

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Jumbo IRA Term Share Certificate

  • 12-month term, minimum $25,000 investment

 

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person and child holding piggy bank

Coverdell Education Savings Account

Save for your child’s education tax-free:

  • Contribution limit: $2,000 per child under 18
  • Earnings and withdrawals are tax-free for qualified education expenses
  • Flexible use: Withdraw for education or transfer to another family member’s account before age 30

Visit Us to Open a Coverdell Account