News and Alerts |
On 7/21/10, FDIC deposit insurance has been permanently increased to $250,000 per depositor.
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- $500 minimum to open
- Terms from one (1) month to sixty (60) months
- Automatic certificate renewal
- Interest may be reinvested, deposited to another account or paid by check
- Certificates may be used as collateral on loans
| Individual Retirement Accounts (IRA) |
- $500 minimum to open
- Terms from six (6) months to sixty (60) months
- Automatic certificate renewal
- Interest is reinvested in the IRA
- Standard IRA rules apply
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