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With higher fixed interest rates and tax advantages, CDs and IRAs are a smart, safe way to help your money work harder for your future.
A CD offers a higher interest rate in exchange for a commitment to keep the money in the CD for a specific period of time. Generally, the longer the duration of a CD, the higher the interest rate it pays.
- Terms between 3 months and 5 years
- Open an account with as little as $500
- CDs and IRAs are a safe way to earn higher interest rates
Individual retirement accounts, or IRAs, are a popular, tax-advantaged way to save for retirement. Funds inside an IRA grow tax-deferred, and contributions may be deductible. As a long-term investment option, this can add up to a nice nest egg.
Stop in to your local branch today to open your CD or IRA today.