Certificates of Deposit and Individual Retirement Accounts

It’s Your Money. If you want to use it to earn a little extra while keeping your money more available, check out our CD and IRA options.

 182 Day Certificate of Deposit

If you’re looking to gain a little interest in a short amount of time, our 182 Day CD is your earnings tool.  It’s an excellent way to keep Your Money earning, while you plan for big expenditures or even bigger investment opportunities.

 Features of this account include:

• Minimum deposit of $5,000
• Earns interest
• Interest paid or compounded at maturity  

Longer Term Certificates of Deposit

Sometimes you have more time to save for important things like retirement, education or real estate.  So, if you’re looking to earn more interest on Your Money, and have more time to do it, this is your choice.  We’ll help you choose the term that is best for you.

Features of this account include:

• Minimum deposit of $500
• Earns interest
• Interest paid or compounded quarterly
• Interest can be paid to any CSB statement account

Individual Retirement Accounts

You have investment choices for Your Money at CSB, including a variety of IRAs such as: traditional, Roth, Educational and SEP IRAs.  Investing in a CSB IRA means you will earn competitive interest rates while knowing your money is in a secure financial institution.

The interest earned on IRA contributions is fully tax deferred until you make withdrawals from the account.  Because of this, earnings are tax sheltered; growing faster than if they were subject to tax.  There are penalties for early withdrawals.  In addition, many rules apply to all IRAs so ask a CSB IRA specialist to help you decide which account is best for you.