Short or Long Term Planning

Take advantage of our multiple Certificate of Deposit (CD) and Individual Retirement Account (IRA) options. If you’re looking to save for the short term or creating financial goals to live comfortably in retirement, a CD or IRA might be the right choice for you.

CDs- Secure, Long-Term Savings.

Invest your money and earn a guaranteed return with a higher interest rate.

Our CDs feature:

• Competitive rates
• Term lengths ranging from 30 days to 4 years
• Minimum deposit of $1,000 required
• Automatic renewal offered
• FDIC insured

Call or stop in today to open your CD account!

IRAs

The time to start saving for your retirement is now! Our Traditional and Roth IRAs allow you to save for your retirement the way you want with minimal risk. The IRAs we offer include a variety of benefits, including:

• You set the term length for your account
• No fees to maintain your account
• No fees for transfers or rollovers at maturity
• FDIC insured

Please consult with a professional tax advisor.

Traditional IRA

A Traditional IRA is a special tax-deferred savings account authorized by the IRS. It is a unique and simple way to encourage people to save money for their retirement. A traditional IRA allows you to defer taxes on the earnings of your contributions until you withdraw them. Certain contributions are tax-deductible in the tax year for which they are made.

Roth IRA

Unlike the Traditional IRA, contributions made to a Roth IRA cannot be deducted for income tax purposes. However, growth occurs through investment returns, and subsequent qualified distributions are tax-free. If you expect to be in a higher tax bracket when you retire, you may benefit more from a Roth IRA.

Visit with us about the advantages of Traditional or Roth IRAs!