Time Deposits and IRAs

For your longer-term savings goals, select from our variety of Time Deposit accounts or Individual Retirement Accounts.

Time Deposits and Upgrade Time Deposits
We can help you lock in an interest rate on your funds for a set period of time to ensure you get the most from your savings.

Time Deposits
Upgrade Time Deposits
minimum deposit
Varies according to term $2,500 – Additional deposits anytime up to your original account balance ($100 minimum).
flexible terms
7 days to 4 years 12 to 18 months
interest rates
Fixed rate for the term you choose May be increased at your request to a rate in effect at that time, rate increase limited to one time during term of Time Deposit
interest paid
Monthly, quarterly or annually Monthly, quarterly or annually
early withdrawal
A penalty may be imposed for early withdrawal. A penalty may be imposed for early withdrawal.
Time Deposits with Automatic Renewal have a 10-day grace period after maturity for withdrawals, additions, or changes. Time Deposits with Automatic Renewal have a 10-day grace period after maturity for withdrawals, additions, or changes.

IRAs
When you envision your retirement, you see a comfortable, financially secure future for yourself and your family. For this vision to become reality, you need to save and invest wisely…and the sooner you start, the better.

Let us help you explore from a variety of Individual Retirement Accounts to help you save for when you wish to enjoy life the most. They include flexible investment options and may deliver significant tax advantages; check with a qualfied tax advisor.

Traditional IRAs

  • No annual fee
  • No minimum deposit to open
  • Rollover deposits may be added at any time during the term
  • Make deposits into your account up to your maximum annual contributions
  • A penalty may be imposed for early withdrawal

Additional IRA Products

  • Roth
  • Simplified Employee Pension (SEP)
  • Savings Incentive Match Plans for Employees (SIMPLE)
  • Coverdell Education Savings Accounts (CESA)

Note: verify eligibility with a qualified tax advisor.

For more information, please contact your local branch or our Customer Service team at 541-617-3500 or 877-617-3400.