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 nearing retirement and 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.


Minimum Balance (MB)

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


variable rate; please inquire

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


variable rate; please inquire

IRA/CESA Passbook Savings


variable rate; please inquire


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


3 months of interest Penalty waived at age 59.5

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


6 months of interest 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