CDs and IRAs

community-shores-bank 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.