Certificates of Deposit & Individual Retirement Accounts
Money Market Time
Certificates of Deposit
Investment Time Certificates of Deposit
IRA Certificates of Deposit
Money Market Time Certificates of Deposit
Money Market certificates are available to anyone in the Wisconsin counties of Marinette and Oconto, and the County of Menominee in Michigan. We offer a variety of terms ranging from 3 months to 1 year. Maturity terms, other than the maturity terms published on our interest rate schedule, are available upon request. The interest rate on your request will be determined at that time.
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Minimum to Open: $1,000
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If the Money Market CD has a maturity of less than one (1) year, interest is paid at maturity. If the Money Market CD has a maturity of one (1) year, interest will be compounded daily and paid at maturity. Other interest payment intervals are available upon request. View our interest rate tiers.
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The annual percentage yield of the Money Market certificate assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
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CDs are payable at the scheduled maturity. At the option of the account holder, the account may be automatically renewed at maturity at the rate then in effect for a certificate of that term. You have a grace period of ten (10) calendar days after the maturity date to withdraw funds without being charged a penalty.
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If the account holder chooses not to renew a Money Market CD automatically, then at maturity the account holder must present their certificate for reinvestment or payment.
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A complete disclosure, as required under Federal Truth-in-Savings, of the terms and conditions on the Money Market certificate account is available upon request.
Investment Time Certificates of Deposit
Investment certificates are available to anyone residing in the Wisconsin counties of Marinette and Oconto, and the County of Menominee in Michigan. We offer a variety of terms, ranging from 18 months to 5 years. Maturity terms, other than the maturity terms published on our interest rate schedule, are available upon request. The interest rate on your request will be determined at that time.
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Minimum to Open: $500
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Interest is compounded daily and paid annually. View our interest rate tiers.
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The annual percentage yield of the Investment certificate assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
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CDs are payable at the scheduled maturity. At the option of the account holder, the account may be automatically renewed at maturity at the rate then in effect for a certificate of that term. You have a grace period of ten (10) calendar days after the maturity date to withdraw funds without being charged a penalty.
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If the account holder chooses not to renew an Investment CD automatically, then at maturity the account holder must present their certificate for reinvestment or payment.
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A complete disclosure, as required under Federal Truth-in-Savings, of the terms and conditions on the Investment certificate account is available upon request.
Individual Retirement Account CDs
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Minimum to Open: $500
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Interest is compounded daily and paid annually. View our interest rate tiers.
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If a Money Market or Investment CD is in an IRA Plan, and it is paid before maturity and within seven (7) days after establishment, you will forfeit an amount at least equal to the interest earned on the amount withdrawn at the interest rate in effect during the term.
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All or part of an IRA account may be withdrawn without penalty upon age 70 1/2 or upon disability, judicially declared mental incompetence or the death of the account owner. We will also waive penalties for individuals age 59 and 1/2 upon completion of an IRA Request for Distribution Form when individuals set up a fixed monthly, quarterly, semi-annual or annual periodic distribution. Funds withdrawn for reinvestment with another qualified plan will be subject to the bank's normal early withdrawal penalties.
Complete disclosures of the terms and conditions for any of our accounts are available upon request.
To open your account now, Contact Us or stop by any of our 3 Location to speak with a Customer Service Representative.
