Certificate of Deposits / IRA’s

Account

Overview

For those that want to earn a higher rate of interest while preserving insured ⁽¹⁾ principal with ability to make multiple deposits during the term. 

For those that want to earn a higher rate of interest while preserving insured ⁽¹⁾ principal.

For individuals that want to earn a fixed rate of interest while preserving insured ⁽¹⁾ principal.

Interest Earned

Yes - Quarterly

Yes - Quarterly

Yes - Quarterly

Minimum Deposit

$500 minimum to open and $500 minimum deposits

$500 minimum

$500 minimum ⁽³⁾

Withdrawal Limits

Penalty for early withdrawal:  3 months interest, no partial withdrawals allowed.

Penalty for early withdrawal ⁽²⁾

Penalty for early withdrawal if under the age of 59 ⁽²⁾