Personal Banking
Checking | Savings | CDs & IRAs | Personal Loans
 

CDs & IRAs

Certificates of Deposit
This interest bearing account is best for anyone who wants to earn a higher rate of interest for a set term. $500 minimum and more opening balance. There is a substantial penalty for withdrawal prior to maturity.

  • Terms of three (3) months to five(5) years available.
  • Interest begins to accrue on non cash items the business day the bank receives the deposit. Interest may be paid or compounded.
  • Individual Retirement Account (IRA) Certificate of Deposit requires
    a $250 minimum to open (see below).


Individual Retirement Accounts (IRAs)
Traditional, SEP, Roth, and Educational IRA available. Best for anyone planning for their retirement, or funds for educational needs.

  • Interest begins to accrue on non-cash items the business day the bank receives the deposit. Interest is compounded daily.
  • Funds are invested in Certificates of Deposit for a guaranteed return on your investment. See Certificates of Deposit section for more details.

$250.00 minimum opening balance. Substantial penalty for withdrawal prior to maturity on Certificates of Deposit Outgoing transfers or roll-overs are subject to a documentation fee of $25.00 each.

Another alternative to banking products....

Friendship Financial Services offers a full line of financial products through our independent financial advisor, Terry Hahn. Please call 877-667-5101 for full details and to set
up an appointment.