|
Certificates of Deposit (CDs) are the perfect investment if you are seeking a higher interest rate and do not need immediate access to your funds.
FirstBank Financial Services offers a wide variety of Certificates of Deposit to suit your needs. Our customer service representatives will be happy to assist you in finding a term that is right for you.
There is a penalty for early withdrawal and a minimum opening deposit of $500.00.
Interest is compounded daily.
(back to
top)
Individual Retirement Accounts (IRAs)
Smart retirement planning should begin early in order to live the American dream after retirement. The chances are good that government and employer pension support won’t carry retirees through the later years.
And, as you plan, don’t forget that traditional IRAs are considered a good tax-deferred option for most people because you pay no taxed on the income earned until the money is withdrawn, which is usually after retirement.
If you have questions, we’re here to help. Please ask any of our customer service representatives and they’ll be glad to assist you.
There is a penalty for early withdrawal from an IRA and a minimum opening deposit of $500.00.
If you withdraw funds from your IRA before you reach age 59½, certain Internal Revenue Service penalties may apply. Please consult your tax advisors before you make early withdrawals from your IRA. Interest is compounded daily.
(back to
top)
|
 |
