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Today's Featured Rates
As of: September 6, 2010
| Interest Checking ($0 - $1,499) | 0.01% |
| Interest Checking ($1,500 - $4,999) | 0.02% |
| Interest Checking ($5,000 - $9,999) | 0.03% |
| Interest Checking ($10,000 +) | 0.05% |
| Maximum Money Market^ ($0 - $9,999) | 0.05% |
| Maximum Money Market^ ($9,999 - $99,999) | 0.21% |
| Maximum Money Market^ ($100,000+) | 0.51% |
| New! 15 Month CD | 1.11% |
| New! 25 Month CD | 1.38% |
CDs & IRAs
Certificates of Deposit
Certificates of deposit are ideal for investors seeking growth and security. Your Community Bank CDs pay high market yields with terms to suit your needs - from 30 days to 5 years. Interest is paid and compounded quarterly. Automatic renewal is available. Early withdrawal penalties may apply. View Rates
Individual Retirement Accounts (Individuals only)
Your Community Bank offers an array of accounts to help you meet your retirement needs. All of our IRA products offer flexible terms and attractive interest rates. IRA options include:
Traditional IRAs
With a traditional IRA, maximum annual contribution applies. In most cases, interest is tax-deferred. Please consult a tax advisor regarding specific tax-related questions.
Education IRAs
Education IRAs allow you to save for qualified higher educational expenses for a beneficiary. Contributions are allowed prior to the beneficiary turning 18, and contributions may not exceed $2,000 per beneficiary per year. Consult your tax advisor to see if an Educational IRA is right for you.
Roth IRAs
A Roth IRA can provide a tax free income for your retirement. The Roth IRA is a non-deductible account that features tax-free withdrawals for certain distribution reasons after a five year holding period. Consult your tax advisor to see if a Roth IRA is right for you.
Heath Savings Account IRAs
A Health Savings Account is an easy way to put aside money for routine health expenses funded with pre-tax dollars. Having a high-deductible insurance plan may actually lower your health insurance premiums because it allows you to use a tax-advantage HSA. There are NO MONTHLY FEES and a FREE debit card is included allowing easy access to your funds. You decide how much to put into the account and use the money to pay medical expenses as you need it, including expenses your insurance may not cover. Please speak with a customer representative for more information.
Your Community Bank makes the Health Savings Account available as a custodian only. The Your Community Bank Health Savings Account is intended to qualify as a Health Savings Account as set forth in Internal Revenue Code Section 223. The account beneficiary that establishes the HSA is solely responsible for ensuring he/she satisfies the Health Savings Account eligibility requirements set forth in Section 223. If an individual/employee establishes a Health Savings Account and he/she is not otherwise eligible, he/she will be subject to adverse tax consequences. We recommend that HSA applicants and/or employers contacted qualified tax or legal counsel before establishing a Health Savings Account.
Any adult can contribute to an HSA if they:
- Have coverage under an HSA-qualified “high deductible health plan” (HDHP)
- Have no other first-dollar medical coverage (other types of insurance like specific injury insurance or accident, disability, dental care, vision care, or long-term care insurance are permitted).
- Are not enrolled in Medicare.
- Cannot be claimed as a dependent on someone else’s tax return.
