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IRAs are safe investments insured against loss, with competitive rates, tax advantages* and low maintenance. We offer a variety of products including Traditional, Coverdell ESA (Education), Rollover and Roth IRAs.
- Invested in Certificates of Deposit
- Minimum initial deposit $250.00
- Interest rates are competitive and fixed for the term of the CD
- Tax-deferred interest accumulation
- Variety of flexible terms
- Substantial Penalty for early withdrawal
Interest accrues daily and is compounded and paid semiannually for terms longer than six months.
You will receive a notice prior to maturity. IRA Certificates automatically renew for the same term at current market rates, unless you choose a new one. You may withdraw funds without penalty up to 10 days after your certificate has been renewed.
Substantial Penalty and Administrative Fee charged for Early Withdrawal.
Full FDIC Insurance Coverage on CD Investments up to $50 Million per depositor is now available through the CDARS® Program offered by American Bank and Trust Company.
One Bank…One Competitive Interest Rate for your deposit…One Monthly Statement.
Click here for more information on the CDARS® Program.
*Consult your tax advisor concerning the tax advantages of having an IRA account.
For further information, simply go to the Contact Us tab or click here.
  
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