An independent community bank serving the Eastern Shore since 1880

IRAs

IRAs

Choose from low minimums and easy fund access, to longer term savings with higher returns. Our accounts are designed to meet a range of savings goals. Plus, all of our accounts are FDIC-insured.

Personal Savings Money Market Savings Certificate of Deposit (CD) Individual Retirement Account (IRA) / Certificate of Deposit (CD)
Overview Our plan to help you begin saving for your future Provides easy access to your funds with limited check writing ability Pays you interest on your investment for a fixed period of time Invest in your future by saving for your retirement, Investments held for a fixed period of time. This account has age restrictions
Minimum Opening Deposit $50 $2,500 $500 $500
Minimum Daily Balance to avoid monthly service charge $50 $2,500 n/a n/a
Monthly Service Charge $5 $15 n/a n/a
Accepts Additional Deposits Yes Yes No No
Interest Penalty if Balance Is Not Maintained n/a Yes Yes Yes
Check Writing Abilities No Limited No No
Withdrawal Limits Limited Limited None Limited
Balance Earns Interest Yes Yes Yes Yes
ATM Card Yes Yes No No
Visa Debit Card No Yes No No
Free Online Banking Yes Yes Yes Yes
Free E-Statement Yes Yes No No
Free Online Imaging No Yes No No
Payroll Direct Deposit Yes Yes No No
Term No No 3 months to 5 years 3 months to 5 years