CDs & IRAs | Long-Term Savings for Peace of Mind

Long-Term Savings for Your Future Goals

When you picture yourself a few years from now, or even in retirement, what do you see? Whatever you're picturing, we can help ensure you have the financial means to achieve it through our CD and IRA accounts.

While they each have different features and benefits, both types of accounts help you save and grow your money so you can worry less about financial security and focus on living the life you've dreamt of!

Current Rates for CDs and IRAs

All CD rates are subject to change weekly and are not guaranteed until a CD is opened. Early withdrawal penalties may apply. Please contact a BANK employee for more information; other terms and conditions may apply.

CD Rates
Term	Minimum Deposit	Interest Rate (%)	APY*
60 Month	$1,000.00	1.05	1.05
48 Month	$1,000.00	0.85	0.85
36 Month	$1,000.00	0.50	0.50
30 Month	$1,000.00	0.35	0.35
24 Month	$1,000.00	0.35	0.35
18 Month	$1,000.00	0.30	0.30
12 Month	$1,000.00	0.25	0.25
182 Days	$1,000.00	0.15	0.15
91 Days>	$1,000.00	0.10	0.10

Single Deposit Premier Rates
Term	Minimum Deposit	Interest Rate (%)	APY*
9 Month*	$10,000.00	1.85	1.86
12 Month*	$10,000.00	2.10	2.11
23 Month**	$10,000.00	2.36	2.37
24 Month*	$10,000.00	2.15	2.16
60 Month*	$10,000.00	2.85	2.87

*Maximum Deposit $250,000 - CDs greater than $250,000 will earn the board rate for the same term NON-Premier CD.

**Renews at current APY for 18 month CD at BANK. .

Multiple Deposit Relationship Premier CDs
Minimum Deposit = 10,000 Maximum Deposit = $250,000. Rate requires other deposit relationships. APY= Annual Percentage Yield, calculated as of 8/1/2018. Early withdrawal penalties may apply. These CDs will automatically renew to the then existing board rates for the same term Premier CD. Limited time offer. **Renews at current APY for 18 month CD at BANK.
Term	Minimum Deposit	Interest Rate (%)	APY*
9 Month*	$10,000.00	2.00	2.01
12 Month*	$10,000.00	2.25	2.26
23 Month**	$10,000.00	2.51	2.53
24 Month*	$10,000.00	2.30	2.31
60 Month*	$10,000.00	3.00	3.02

*Maximum Deposit $250,000 - CDs greater than $250,000 will earn the board rate for the same term NON-Premier CD.

Optional Rate Certificates of Deposit

Our Optional Rate (One-Time Bump Up) CDs come with the option of changing the rate once during each renewed term of the certificate. It is the customer’s responsibility to monitor the rates.

Optional Rate (One-Time Bump Up) CD Rates
Term	Minimum Deposit	Interest Rate (%)	APY*
27 Month	$1,000.00	0.40	0.40
21 Month	$1,000.00	0.30	0.30
15 Month	$10,000.00	0.25	0.25
10 Month	$1,000.00	0.15	0.15

*The APY (Annual Percentage Yield) is a percentage rate that reflects the total amount of interest paid on the account, based on the interest rate and the frequency of compunding for a 365-day period.

Individual Retirement Accounts

Roth IRAs	Traditional IRAs
Your investment grows tax-free if you hold it for five or more years. After this time, you can enjoy tax-free withdrawals for certain distributions. Also, you do not have to take a distribution from your Roth IRA because there are no 70-1/2 age requirements with this IRA	May be fully or partially deductible, and all earning on your IRA contributions (deductible and/or non-deductible) remain tax deferred until you decide to make withdrawals from the account. Spousal IRAs allow for contributions to be made on the behalf of non-wage earning spouses for those with minimal income.

IRA Rates
Term	Minimum Deposit	Interest Rate (%)	APY*
18 Month	$100.00	0.40	0.40
12 Month	$100.00	0.35	0.35

CDARS

Are you looking for full FDIC coverage on your large deposits? BANK has access to full FDIC insurance on up to $50 million via CDARS. To keep things simple, you’ll earn one rate per CD term on your investment. You will work with one bank, eliminating the worry caused by multiple disbursement checks and rate negotiations, and, although you can have multiple CD terms, you’ll receive just one monthly statement to monitor. Keep in mind that CDARS rates change weekly and are not guaranteed until the account is opened. Early withdrawal penalties may apply.

CDARS Rates
Term	Minimum Deposit	Interest Rate (%)	APY*	Treasury Rates**
4 Week	$100,000.00	2.25	2.28	0.20
13 Week	$100,000.00	2.30	2.33	0.24
26 Week	$100,000.00	2.38	2.41	0.43
52 Week	$100,000.00	2.46	2.49	0.60
104 Week (2 Years)	$100,000.00	2.57	2.61	0.78
156 Week (3 Years)	$100,000.00	2.57	2.61	0.93
260 Week (5 Years)	$100,000.00	2.57	2.61	1.23