CDs and IRAs
Certificates of Deposit
Certificates of Deposit earn our highest fixed interest rates over a specified period of time. Certificates are available for a variety of terms ranging from 3 months to 5 years. Interest is credited to your account monthly and is paid out at maturity. Rates will vary in response to a changing economy, but once the CD is purchased, you lock in the rate for the full term of the deposit. The minimum deposit will vary depending upon the CD term.
There is a substantial interest penalty if any funds are withdrawn prior to the maturity date. Please contact us for current rates and information.
Individual Retirement Account
Whatever your retirement goals or current financial picture, we can help you build a fund for your future (that is tax-deferred now).
Our IRA investment options are flexible and are available in terms tailored to your investment preferences. We currently offer a variety of IRA investment vehicles – from a 91 day CD to a 60 month CD, with many choices in between. And as with all our regular CDs, your IRA investment is fully insured by FDIC and SIF.
And if you already have funds at another institution or in a company retirement plan, we will be more than happy to assist you in transferring these funds to Bank of Easton.
Our Customer Service Representatives are happy to discuss the advantages and tax benefits of starting a Roth IRA or Education IRA with you.
All Deposits Insured in Full
At Bank of Easton, every deposit is insured in full. All deposits above the FDIC limits are insured in full by the Share Insurance Fund (SIF) of Massachusetts. No one provides better deposit protection!