IRA & Certificate of Deposit

  • In addition to our Premier Growth plan, which is similar to a Certificate of Deposit (CD), and our Premier Growth Individual Retirement Account (IRA), Bank Independent also offers flexible options for those looking for CDs and IRAs that are not linked to a Bank Independent Smart Growth program. 



     

    A Bank Independent Certificate of Deposit (CD) is a good savings alternative for individuals who don't need immediate access to savings and would like to see their money earn more, offering: 

    Open a Bank Independent CD today with:

    •   Only a $1000 Minimum Deposit  

    •   No Quarterly or Monthly Service Fees  

    •   No Quarterly or Monthly Balance Requirements to Avoid Service Fees

    Substantial penalties for early withdrawal of funds in CDs will apply.

     

    Bank Independent offers several options for those saving for retirement via an Individual Retirement Account (IRA): 

     Open a Bank Independent IRA today with: 

    •   Only a $1000 Minimum Deposit for fixed IRAs, or

    •  Only a $100 Minimum Deposit for variable IRAs

    •   No Quarterly or Monthly Service Fees  

    •   No Quarterly or Monthly Balance Requirements to Avoid Service Fees  

    Substantial penalties for early withdrawal of funds in IRAs will apply.