Secure Savings for a Stronger Tomorrow
Our Certificates of Deposit (CDs) and Individual Retirement Accounts (IRAs) offer safe, reliable ways to grow your savings over time. With competitive rates and flexible terms, these accounts are designed to help you build a more secure financial future. Explore our options to find the perfect fit for your savings and retirement goals.
Grow Your Wealth with CDs and IRAs
Certificates of Deposit (CDs) and Individual Retirement Accounts (IRAs) are two excellent ways to save and grow your money with tax advantages and guaranteed returns. Both are designed to help you build wealth while protecting your financial future. At Paradise Bank, we offer competitive rates and a variety of options to suit your goals.
Certificate of Deposit (CD)
- Competitive interest rates for specified term
- 6 months, 12 months, 18 months, 24 months, 36 months terms available with a minimum opening deposit of $1,000.00
- Early withdrawal penalties may apply
Term Savings CD
- 6 months and 36 months terms with a minimum opening deposit of $100,000.00 and daily balance of $100,000.00.
- Liquid CD
- You may make 3 withdrawals from your account every term in increments of $5,000.00 without any penalty. A penalty of 3 months interest on the amount withdrawn for withdrawals in excess of 3 per term may be imposed.
Individual Retirement Account (IRA)
- Opening Deposit $1,000.00 minimum.
- A secure way to invest money for retirement.
- Depending on your individual or family income, deposits may be fully or partially tax deductible. The rules & restrictions governing IRA’s are many: check with your tax advisor for the benefits of an IRA for your specific situation.
Think ahead
Plan for the Future with a CD or IRA
Maximize your savings with a Certificate of Deposit or start planning for retirement with an IRA. Enjoy competitive rates and secure, tax-advantaged growth.
Start Today – Open a CD or IRA with Paradise Bank and secure your financial future!