That checks can be ordered online?
Centinel Bank of Taos Certificates of Deposit (CD) and Individual Retirement Accounts (IRA) are a safe and secure way to earn a higher rate of return on your investment. Highly competitive interest rates/annual percentage yields make Centinel Bank of Taos Certificate of Deposit and IRA accounts a wise investment choice.
Certificates of Deposit (CD)
- Competitive interest rates for a specified term.
- 3 months, 6 months, 12 months, 24 months or 5 year terms available with a minimum opening deposit of $1,000.00.
- In addition, Centinel Bank offers a Two Year Variable Rate CD with a minimum deposit of $500.00. Additional deposits of $100.00 or more can be added at any time during the two-year period.
- Early withdrawal penalties may apply.
- Consult with a Centinel Bank financial advisor to find the Certificate of Deposit that is right for you.
Individual Retirement Account (IRA)
- Opening Deposit $1,000.00 minimum.
- Secure way to invest money for retirement.
- Accumulated earnings grow tax deferred until time of withdrawal (Consult your tax advisor).
- Depending on your individual or family income, deposits may be fully or partially tax deductible. The rules & restrictions governing IRA’s are many: check with your tax advisor for the benefits of an IRA for your specific situation.
- Rollovers or transfers from other retirement plans are available.
- The funds are invested in federally insured certificates of deposit. Each depositor is insured up to $100,000.
- Interest payments are made quarterly.
- We offer Traditional, Roth and SEP Individual Retirement Accounts.
Apply here for a CD or IRA account.
*Centinel Bank is a community bank and does not solicit accounts from outside our market area.
