Certificates of Deposit & Individual Retirement Accounts

Certificates of Deposit
For longer-term investments, Mountain Valley Community Bank offers a full array of Certificates of Deposit.

• $500 Minimum to open
• Terms: Maturities up to sixty (60) months
• Automatic certificate renewal
• Interest may be reinvested, deposited to another account or paid by check
• Certificates may be used as collateral on loans
• Penalty for early withdrawal
• Membership in Mountain Valley Adventure Club (minimum $20,000)
  

Individual Retirement Accounts (IRA)
An IRA is a convenient savings program that allows money to be set aside for retirement while earning tax-deferred interest.

• $500 Minimum to open
• Terms: Maturities up to sixty (60) months
• Automatic certificate renewal
• Interest is reinvested in the IRA
• Standard IRA rules apply
• Education, Traditional and ROTH IRAs available
• Penalty for early withdrawal
• Membership in Mountain Valley Adventure Club (minimum $20,000)