Individual Retirement Accounts

3, 6, 12 Month CD18, 24, 30, 36, 48, 60 Month CDIRA/CESA Passbook Savings


Description

3, 6, 12 Month CD


If you are looking for a low-risk retirement savings, a CD may be for you.

18, 24, 30, 36, 48, 60 Month CD


If you are looking for a low-risk retirement savings, a CD may be for you.

IRA/CESA Passbook Savings


Contribute to your retirement fund or your child’s education with an IRA savings.


Opening Deposit

3, 6, 12 Month CD


$100

18, 24, 30, 36, 48, 60 Month CD


$100

IRA/CESA Passbook Savings


none


Interest

3, 6, 12 Month CD


Inquire for rate.

18, 24, 30, 36, 48, 60 Month CD


Inquire for rate.

IRA/CESA Passbook Savings


Inquire for rate.


Compounding

3, 6, 12 Month CD


3- or 6-month: at maturity 12-month: semi-annually

18, 24, 30, 36, 48, 60 Month CD


semi-annually

IRA/CESA Passbook Savings


quarterly


Statements

3, 6, 12 Month CD


yes


paper notice at maturity

18, 24, 30, 36, 48, 60 Month CD


yes


paper notice at maturity

IRA/CESA Passbook Savings


yes


paper Annual statement


Early W/D Penalty

3, 6, 12 Month CD


90 days' interest on amount withdrawn
Penalty waived at age 59.5

18, 24, 30, 36, 48, 60 Month CD


182 days' interest on amount withdrawn
Penalty waived at age 59.5

IRA/CESA Passbook Savings


none


Digital Banking

3, 6, 12 Month CD


yes

18, 24, 30, 36, 48, 60 Month CD


yes

IRA/CESA Passbook Savings


yes