CDs & IRAs

Community Certificates of Deposit*

$1,000.00 Minimum Balance Requirement
Fixed Interest Rate
No Service Fees
Daily Interest Computation Method (Note 1)
No Monthly Statement (Interest, Maturity and Renewal Notices Provided)

*Community Certificates of Deposit have a penalty for early withdrawal.  Certificates with a maturity of less than one year will be penalized 90 days’ interest.  Certificates with maturities of one year or more will have a penalty of 180 days’ interest.

Note 1 – Based on Collected Balance.

Community IRA’s*

$1,000.00 minimum balance Requirement
Fixed Interest Rate
No Service Fees
Daily Interest Computation Method (Note 1)
No Monthly Statement (Interest, Maturity and Renewal Notices Provided)

*Community Certificates of Deposit have a penalty for early withdrawal.  Certificates with a maturity of less than one year will be penalized 90 days’ interest.  Certificates with maturities of one year or more will have a penalty of 180 days’ interest.

Note 1 – Based on Collected Balance.

Community Savings IRA

No Minimum Balance Requirement.
Variable Interest Rate
No Service Fees
Daily Interest Computation Method (Note 1)
Monthly Statement

Note 1 – Based on Collected Balance.