CDs & IRAs
Certificates of Deposit
- Fixed interest guaranteed
- Flexible terms up to four years
- Tiered rate system allows you to maximize interest earning
- Minimum deposit of $500 required
- Interest can be compounded or deposited into a Bank of Commerce account
- Automatic renewal at maturity option
- FREE EZBanker Online Banking (requires separate application)
Traditional IRA’s (Individual Retirement Accounts)
Individual Retirement Accounts are more than savings for a rainy day, they’re security for retirement with serious tax benefits.
- Minimum deposit of $500 to open account
- Competitive interest rates
- Tax deductible contributions (some limitations apply)
- Direct rollovers and transfers from other IRAs
- Maximum annual contributions may apply
- Free EZBanker Online Banking (requires separate application)
- Annual Statement
Roth IRA’s (Individual Retirement Accounts)
Save for a tax-free retirement. The Roth IRA is a non-deductible account that features tax-free withdrawals for certain distribution reasons after a five year holding period.
- Minimum deposit of $500 to open account
- Competitive interest rates
- Tax-free withdrawals (limitations apply)
- Direct rollovers and transfers from other IRAs
- Maximum annual contributions may apply
- Free EZBanker Online Banking (requires separate application)
- Annual Statement
