Statement Savings
- Earns interest- No maintenance fee
Money Market
- Earn higher dividends than regular savings- Tiered rates - Just $1,000 to open- Clear up to three checks each month with no fees- Dividends are earned on the average daily balance, credited and compounded monthly
Certificate of Deposit
- Competitive Rates- Set your own maturity date anywhere from 6 months to 5 years- Minimum investment of $1,000 investment*
*A penalty may be imposed for early withdrawal.
Regular IRA
- May be tax deductible- IRA earnings are not taxed until money is withdrawn- $25 to open- Can be rolled over without charge- May withdraw interest monthly without penalty
CD IRA
- May be tax deductible- IRA earnings are not taxed until money is withdrawn- Various terms offered- $1,000 minimum balance is needed to open- May withdraw interest monthly without penalty
We also offer Roth IRAs and Education IRAs.
Christmas Club Account
- $1 is all you need to get started
- Deposits can be made weekly ($1 to $190)
- Funds are deposited directly into your Alden account of choice
