CDs & IRAs

certificates of deposit

CDs offer high returns and guarantee you a sound investment.

• Earn higher rates of interest than a traditional savings account
• 3-month to 5-year terms are available
• $2,000 minimum deposit is required to open account
• interest is available for withdrawal once it has posted to the account
• Early withdrawals of principal are subject to penalties

individual retirement accounts (IRAs)

Start saving now for your future. Choose the IRA that's right for you.

• Traditional tax-deferred IRA, Coverdell Education Savings Account and Roth IRA options available
• Competitive terms and interest rates
• $2,000 minimum deposit is required to open an IRA CD account
• $25 minimum deposit is required to open an IRA Savings account

special 18 month IRA

This special IRA is for those who want the accessibility to make contributions at any time.

• Minimum deposit of $25 is required to open and earn interest
• Earn the interest rate currently paid on our Priority Savings account until the balance reaches $500, at which time the account will earn the interest rate paid on the current 18-month Certificate of Deposit account

cdars^® - certificate of deposit account registry service

Through CDARS^®  Rhinebeck Savings Bank is able to offer FDIC insurance coverage on your deposits in excess of $100,000.  Click here to find out how.