Town-Country National Bank

Certificates of Deposit

Certificates of Deposit are offered for a minimum deposit of $500.00. We offer a wide range of terms. Interest can be paid by check, added to the certificates, or deposited into a checking or savings account. Interest can be paid monthly, quarterly, semi-annually, or at maturity. Certain penalties do apply for early withdrawal. See our current rates for the term that is right for you.

Individual Retirement Account

IRAs are accounts that were created to encourage individuals to save money for retirement. Benefits include tax-deferred earnings, income replacement for retirement, and in some cases, an income tax deduction. We offer the Traditional IRA, Roth IRA, and Education IRA. Terms are flexible to meet the needs of the customer. Interest is based on current certificate of deposit rates. To find out which IRA is right for you, see one of our customer service representatives for more information.

Simplified Employee Pension

SEP is a business retirement plan that uses IRAs as an investment tool. It provides a basic retirement plan for self-employed individuals and other businesses. For more information about the benefits of this account, see a customer service representative.

 

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