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CDs & IRAs

Certificate of Deposit (COD)

  • Set aside your funds for future savings goals.
  • Fixed rates
  • Choose your terms (30 days – 60 months)
  • Requires $1,000 deposit to open
  • Early withdrawal penalty may apply:
CD TermPenalty
30 Days - 6 Months All interest on the amount withdrawn
12 Months 180 days interest on the amount withdrawn
24 - 36 Months 365 days interest on the amount withdrawn
48 - 60 Months 730 days interest on the amount withdrawn

We will charge the penalty first against any interest in the account, and any excess will be deducted from the amount withdrawn.
Fees may reduce earnings on accounts.

View CD Rates

Individual Retirement Account (IRA)

Traditional & Roth IRAs


Traditional IRA

Roth IRA

What’s the difference?

Contributions are tax-deductible, and earnings are taxed upon withdrawal.

Withdrawals are penalty free beginning at age 59 1/2.

Distributions are required to start at age 73.

Contributions are not tax-deductible, but qualified earnings are tax free upon withdrawal.

Contributory withdrawals can be made at any time without incurring IRS taxes or penalties. Earnings withdrawals are also tax and penalty-free, provided certain conditions are met, such as reaching the age of 59 1/2 and fulfilling a 5-year holding period.

Not required to take distributions.


12 Months

24 Months

48 Months

No term or maturity date


Earned interest is tax-deferred.

Contributions may qualify for a tax credit.

Qualified earned interest is tax free.

Contributions may qualify for a tax credit.


Eligible to contribute if you earn compensation.

Eligible to contribute if you earn compensation.

Still unsure which retirement plan is right for you? Consult with your tax advisor. 

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Routing # (ABA): 102107063


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