Individual Retirement Accounts

 6 Month Certificate of Deposit Account

$500 minimum amount to open
Automatic renewal
Renewal notices are sent at time of maturity
Interest will be compounded quarterly
Interest will be credited quarterly
Interest calculated on daily balance
Interest begins to accrue the first day of deposit
6 months interest penalty for early withdrawal

 

12 Month Certificate of Deposit Account

$500 minimum amount to open
Automatic renewal
Renewal notices are sent at time of maturity
Interest will be compounded quarterly
Interest will be credited quarterly
Interest calculated on daily balance
Interest begins to accrue the first day of deposit
6 months interest penalty for early withdrawal

 

18 Month Certificate of Deposit Account

$500 minimum amount to open
Automatic renewal
Renewal notices are sent at time of maturity
Interest will be compounded quarterly
Interest will be credited quarterly
Interest calculated on daily balance
Interest begins to accrue the first day of deposit
6 months interest penalty for early withdrawal

 

24 Month Certificate of Deposit Account

$500 minimum amount to open
Automatic renewal
Renewal notices are sent at time of maturity
Interest will be compounded quarterly
Interest will be credited quarterly
Interest calculated on daily balance
Interest begins to accrue the first day of deposit
6 months interest penalty for early withdrawal

 

36 Month Certificate of Deposit Account

$500 minimum amount to open
Automatic renewal
Renewal notices are sent at time of maturity
Interest will be compounded quarterly
Interest will be credited quarterly
Interest calculated on daily balance
Interest begins to accrue the first day of deposit
6 months interest penalty for early withdrawal

 

48 Month Certificate of Deposit Account

$500 minimum amount to open
Automatic renewal
Renewal notices are sent at time of maturity
Interest will be compounded quarterly
Interest will be credited quarterly
Interest calculated on daily balance
Interest begins to accrue the first day of deposit
12 months interest penalty for early withdrawal

 

60 Month Certificate of Deposit Account

$500 minimum amount to open
Automatic renewal
Renewal notices are sent at time of maturity
Interest will be compounded quarterly
Interest will be credited quarterly
Interest calculated on daily balance
Interest begins to accrue the first day of deposit
12 months interest penalty for early withdrawal
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