CDs, IRAs & Money Market

How do these work? Which one is right for me? We are here to guide you.

Certificates of Deposit

Save for your future and earn competitive market rates on certificates of Deposit (CDs). We offer a variety of options for fixed term investing with the security of the Federal Deposit Insurance Corporation (FDIC). Please come by Bank of Grand Lake today to talk with a personal banker for more information or to open an account.

IRAs

Bank of Grand Lake offers a variety of options for Individual Retirement Accounts to help you save for your retirement with the security of the Federal Deposit Insurance Corporation (FDIC). Please come by Bank of Grand Lake today to talk with a personal banker for more information or to open an account.

Presidential Money Market

Invest in your future with our Presidential Money Market account. The Presidential account offers a great way to earn a competitive rate for those who do not want to tie their money up in a CD. There are no maintenance fees and Interest is compounded monthly. This account allows unlimited deposits and up to six withdrawals per statement cycle (a fee of $5 applies for each withdrawal in excess of six).

Commercial Money Market

Our Commercial Money Market pays a competitive interest rate and offers your business the security of the Federal Deposit Insurance Corporation (FDIC). There are no maintenance fees and Interest is compounded monthly. This account allows unlimited deposits and up to six withdrawals per statement cycle (three of which can be checks, drafts or similar orders, a fee of $5 for each withdrawal in excess of six).

 

Important Deposit Account Disclosure Information:

  • Fees are subject to change with prior notice, at the bank's discretion.
  • Fees could reduce earnings on interest-bearing accounts.
  • Complete deposit account disclosures containing terms and fee information are available upon request.

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