Certificates of Deposit
The “Bump-Up” option referred to above can be exercised either once or twice during the term of your CD. When you choose to exercise this option, you “bump-up” your interest rate for the remaining term. On the day you exercise this option you will be given the current rate of your CD type.
Choosing the type of IRA can be confusing, stop in or give us a call to discuss what would be the best option for you. All of our IRAs have a quarterly variable rate and compound the interest daily. Our IRA options and their terms are as follows:
Please be aware early withdrawals from an IRA may have penalties from ACBLA and/or Income tax implications and additional IRA penalties. Please contact a tax professional.