Term Certificates & IRAs

Term Certificates

Certificates earn dividends at higher rates than savings accounts, and have pre-determined maturity dates.

Term Certificate Requirements:

• Minimum purchase amounts of $500
• No Maximum purchase amount
• 3 month to 5 year terms available

IRAs

(Traditional IRA)

 Potentially tax-deferred retirement plans; you don’t pay taxes on your contributions until you withdraw the funds. Contributions can be made as long as you have *earned income.

Roth IRA

You pay taxes now and withdraw the funds tax-free when you retire. Contributions can be made as long as you have *earned income.

IRA & Roth IRA Requirements:

• Minimum $250 to open
• 12 month to 5 year terms available

* See irs.gov for more details.