 |
Certificates of Deposit | Individual Retirement Accounts |
|---|---|---|
| Minimum Opening Deposit | $1,000.00 | $250.00 |
| Monthly Maintenance Fee | N/A | N/A |
| Balance Req to Waive Fee | N/A | N/A |
| Interest Bearing | Yes See rates | Yes See rates |
Certificates of Deposit
Do you have cash to invest for a specific period of time? Our competitive rates allow you to achieve either your short or long term savings goals.
- Minimum opening deposit is $1,000.00
- Interest rates are tiered
- Flexible term options available from 7 days to 5 years
- Penalty may apply for early withdrawal
Click here for fees. To open an account, please contact one of our locations.
Individual Retirement Account
An IRA is a personal savings plan that gives you tax advantages* for setting aside money for retirement. Community Shores Bank offers both Traditional and Roth IRAs.
- Minimum opening deposit is $250.00
- Deposits are subject to IRA contribution limitations and eligibility*
- Interest rates are tiered
- Flexible term options available from 7 days to 5 years
- Penalty may apply for early withdrawal
*Community Shores Bank does not provide tax or accounting advice. We recommend you consult with a qualified tax professional.
Click here for fees. To open an account, please contact one of our locations.