Personal savings

Whether you are saving for a vacation next year or for retirement decades away, we have the right savings option for you.


Money Market Statement

Certificate of Deposit (CDs)

  • $1,000 minimum opening deposit
  • Fixed interest rates ranging in terms of 3 months to 72 months
  • No additional deposits can be made until maturity
  • Penalties for early withdrawal equal to one half of the term's interest
  • A maturity notice will be mailed to you approximately one month prior to the maturity date
  • The CD will automatically renew at the current rate paid on the same term unless you make changes within the following Grace Periods: CD Term 3 months through 12 months- Grace Period of 7 days, 10 days for CD Term over 12 months
  • Click here for current interest rates
  • What do I need to open an account?

Download Your Savings Brochure

Savings Brochure

Individual Retirement Accounts (IRAs)

An IRA is a personal savings plan established by individuals to provide supplemental income at retirement. Community Savings Bank offers both Traditional and Roth IRAs and can be invested in either a Money Market Savings or Certificate of Deposit.

  • Traditional IRAs can offer immediate tax benefits. All earnings grow tax-deferred until withdrawn. Contributions may be tax-deductible.
  • Roth IRAs are non-deductible contributions to accounts that feature tax-free withdrawals for certain distribution reasons after a five-year holding period.

Give us a call or visit us today to learn more about how an Individual Retirement Account can work for you.

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