CDs & IRAs

Wednesday, November 2, 2016 9:22:00 AM

Certificates of Deposit (CDs) allow you to save for a specific time period, up to 5 years. If you do not need access to money right away, a CD is a great choice.

Certificates of Deposit

Open a 1 Year TCD Account   Open a 3 Year TCD Account

Earn fixed higher yields over a specified term with our competitive interest rates.  Enjoy stable financial growth without market fluctuation.

  • No annual fee
  • Terms ranging from 3 months to 5 years
  • For our current interest rates click here
  • Safe way to save
  • One-Time Bump CD available in 2-year or 3-year terms. Bump up your rate one time to whatever the current bank rate is within the term of the CD
  • Early withdrawal penalties apply
  • $250 minimum opening deposit

Traditional IRA

Prepare for retirement by saving in a tax-deferred plan.

  • No annual fee
  • Terms ranging from 1 year to 5 years
  • For our current interest rates click here
  • One-Time Bump feature available in 2-year or 3-year terms. Bump up your rate one time to whatever the current bank rate is within the term of the CD
  • Withdrawals may begin at age 59 ½
  • Withdrawals made before age 59 ½ may be subject to IRS penalties
  • Distributions must begin by age 70 ½
  • Limited annual contributions, per IRS regulations
  • $250 minimum opening deposit

Contact your tax advisor prior to opening an IRA.

Roth IRA

Unlike other IRA contributions, Roth contributions are after-tax investments and growth is tax free.

  • No annual fee
  • Terms ranging from 1 year to 5 years
  • For our current interest rates click here
  • Limited annual contributions, per IRS regulations
  • One-Time Bump feature available in 2-year or 3-year terms. Bump up your rate one time to whatever the current bank rate is within the term of the CD
  • $250 minimum opening deposit

Contact your tax advisor prior to opening an IRA.

Educational IRA

The Educational IRA is a nondeductible account that features tax-free withdrawals for a very specific purpose -- a child’s education.

  • No annual fee
  • Terms ranging from 1 year to 5 years
  • For our current interest rates click here
  • Annual contributions are limited, per IRS regulations
  • One-Time Bump feature available in 2-year or 3-year terms. Bump up your rate one time to whatever the current bank rate is within the term of the CD
  • $250 minimum opening deposit

Contact your tax advisor prior to opening an IRA.

SEP IRA

Even the smallest businesses can attain a solid retirement plan with a SEP IRA created specifically for the self-employed and small businesses.

  • No annual fee
  • Terms ranging from 1 year to 5 years
  • For our current interest rates click here
  • Flexible contribution amounts
  • Tax deductible contributions for employer and employees
  • One-Time Bump feature available in 2-year or 3-year terms. Bump up your rate one time to whatever the current bank rate is within the term of the CD
  • $250 minimum opening deposit

Contact your tax advisor prior to opening an IRA.

Simple IRA

Provide your employees access to a tax-advantaged retirement plan where employees (including the employer) can make pre-tax contributions and receive matching employer contributions.

  • No annual fee
  • Terms ranging from 1 year to 5 years
  • For our current interest rates click here
  • Deduct contributions you make for your employees as a business expense
  • One-Time Bump feature available in 2-year or 3-year terms. Bump up your rate one time to whatever the current bank rate is within the term of the CD
  • $250 minimum opening deposit

Contact your tax advisor prior to opening an IRA.