Realizing the diversity of your needs, Bank Plus offers
a variety of Certificate of Deposit (CDs) maturity terms.
Visit with us about your specific needs, and we'll be
happy to provide a competitive interest rate.
Money Market Deposit Account
Many investors need flexibility and liquidity within their
savings plans. A money market deposit account allows you
to earn interest on your daily balance, make withdrawals
as needed and receive monthly activity statements. The
number of withdrawals/transfers may be limited by government
T-Bill Money Market Deposit Account
Are you looking for an investment account that allows
you to earn higher yields without tying up your money?
T-Bill money market accounts with an average daily balance
of $10,000 or more pay interest based on an examination
of Treasury Bill Auction Rates. Plus, rate adjustments
assure you will earn interest in line with current market
conditions, and you'll receive monthly activity statements.
The number of withdrawals/transfers may be limited
by government regulations.
Deposits to a savings account can help you build a cash reserve that is readily accessible when you need it most. You will earn a competitive interest rate on the daily balance in your account, and you will receive a quarterly statement of activity. A minimum balance fee of $5.00 will be imposed if the average monthly balance falls below $25.00.
IRA, Roth IRA, KEOGH & SEP
An Individual Retirement Account (IRA) is an excellent
way to save for your retirement. KEOGH & SEP plans
allow the self-employed to take advantage of retirement
planning. Interest earned on these accounts may be tax
deferred until withdrawal, allowing you to take advantage
of tax savings now.
Coverdell Education Savings Accounts
The Coverdell Education Savings Account is an excellent
way to begin saving for post-secondary educational expenses
in a tax-preferred account authorized by the IRS. Income
earned within this type of account will not be taxable
when distributed if withdrawn to pay qualified educational
Health Savings Account
A Health Savings Account (HSA) can be opened by those covered by a High Deductible Health Plan, exclusively for paying out-of-pocket qualified medical expenses for the account owner, spouse, and dependents, while benefiting from tax-deductible contributions, tax-deferred earnings, and nontaxable distributions.