Requirements:

• Minimum balance to open is $1,000.
• Available to consumer and commercial customers.

Benefits:

• No monthly service charges.
• Higher rates than savings accounts.
• Wide range of investment terms (3 months through 5 years)
• Competitive interest rates.  See our rate page.
• Certainty of knowing the return on your investment.

Costs:

Penalty for early withdrawal.

Requirements:

• Minimum balance to open is $1,000.
• Set up fee of $50.
• Available to individuals under age 70 ½ who have earned income.

Benefits:

• No monthly service charges.
• Wide range of investment terms (3 months through 5 years)
• Competitive interest rates.  See our rate page.
• Certainty of knowing the return on your investment.
• Earnings are tax deferred.
• Principal can be tax deductible.

Costs:

Penalty for early withdrawal.

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