Personal Savings
Certificate of Deposit Use a Certificate of Deposit to maximize your savings for a fixed period of time. Features & Benefits: • Fixed interest rate, compounded daily 15 • Deposits are insured by the FDIC to at least $250,000 • Choose a flexible savings term between 28 days and 5 years 14 • Earn a competitive interest rate on money you don’t need to access right away • Save for retirement by opening an IRA Certificate of Deposit 16 • Use online banking and mobile banking to view balances through a mobile phone, tablet, or computer 2 Withdrawals: Early withdrawal/closure penalties may be assessed when principal is withdrawn from a CD prior to the maturity date. * Fees: Can the monthly fee be waived? There are no monthly maintenance fees for Certificates of Deposit. There is an annual maintenance fee of $15 per plan holder for IRA Certificates of Deposit. 16 IRA Money Market Save for retirement with a product that gives you the flexibility to make additional deposits automatically or as needed. Features & Benefits: • Earn a Money Market interest rate while saving for retirement • Make additional deposits to your account at any time • Use online banking to manage finances on your time through a mobile phone, tablet, or computer 2 • Deposits are insured by the FDIC to at least $250,000 Withdrawals: Withdrawals 7 made from an IRA account before age 59 1/2 may be subject to federal taxes and penalties. Please consult your tax adviser before making withdrawals from an IRA account. 16 Fees: Can the monthly fee be waived? There is no monthly maintenance fee with this account. There is an annual maintenance fee of $15 per plan holder.
For additional applicable disclosures, please refer to pages 15 – 17 * Early withdrawal penalty applies to withdrawal of funds before maturity, regardless of whether you are eligible to begin receiving plan disbursements. 14
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