Deerwood Bank Personal Solutions

Certificates of Deposit / IRA


Visit the IRA Service Center

Interested in other saving options while still enjoying the benefits of  FDIC insurance?

Certificates of Deposit:

Deerwood Bank offers

  • 6 month to 36 month maturity options based on availability
  • Competitive interest rates
  • Several interest payment options
  • Substantial penalty for early withdrawl

IRA's

ROTH IRA:

This option allows you to withdraw funds without taxation on qualified distributions. Ask how a ROTH IRA might be perfect for you!

TRADITIONAL IRA:

This option allows you to make tax-deductible contributions (in most cases) with tax-deferred earnings.

Home Equity Lines of Credit

Look into a Deerwood Bank savings plan

At Deerwood Bank we have built a group of savings plans for you to choose from based on your specific saving needs.