Traditional IRA
Recommended for anyone that does not have a retirement plan, a Traditional IRA allows tax-deductible contributions of up to $5,000 annually, or $6,000 if you are over age 50. Earnings grow tax-deferred, and are taxed as ordinary income when withdrawn. Withdrawals prior to age 59½ are also subject to a 10% penalty tax, unless certain exceptions are met. Dividends are compounded monthly. Some restrictions apply for early withdrawals. 

Roth IRA
Roth IRA contributions are never tax-deductible. After you have the account for five years, withdrawals are tax-free when you reach age 59 ½ or later (exceptions include death, disability, or a qualified purpose). Early withdrawals are subject to penalty. Total annual contributions may not exceed $4,000 annually--or $5,000 annually, if you are over age 50. Some restrictions apply for early withdrawals.

Certificate IRA
Certificate IRAs offer a higher rate of return and are renewable on maturity. A certificate IRA offers similar tax benefits to the Traditional and Roth IRAs. Minimum deposit of $1,000; chose from a 36 or 60-month term. 

Share Certificates
Share Certificates are an insured investment with high dividends. We offer a variety of high-yielding Share Certificates, from 90 days to 60 months. The minimum balance required is $1,000. Dividends are earned daily and compounded quarterly. Penalties may be imposed for early withdrawal.
Click here for current Share Certificate rates. 

Education Savings Account
This account must be used to pay for qualified higher education expenses of the beneficiary. Annual contributions are limited to $2,000 per beneficiary under age 18. Contributions are not tax-deductible and earnings on the contributions will be tax-deferred until distribution. Some restrictions apply for early withdrawals.