Certificates Of Deposit (CD):
A Certificate of Deposit offers a way to earn a secure interest rate on money that you don't need access to right away. Our certificates give you flexibility to pick the length of time and guaranteed rate for a fixed term.
- $1000 minimum deposit to open
- We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
- Interest is compounded and credited quarterly
- The account will automatically renew at maturity for the same term as the original term.*
CD & IRA Specials
CD & IRA Specials
Account Product Name |
Minimum Opening Deposit |
Minimum Balance to Obtain Annual Percentage Yield |
Interest Rate |
Annual Percentage Yield |
| 182 Day CD & IRA |
$1,000.00 |
$1,000.00 |
4.18% |
4.25% |
| 12 Month CD & IRA |
$1,000.00 |
$1,000.00 |
4.09% |
4.15% |
Individual Retirement Account (IRA):
Whatever stage of life you may be in, let River Bank help you create the right strategy for your educational or retirement goals.
River Bank Offers Traditional, Roth, SEP, Simple and Coverdell Educational IRA Certificate of Deposit with various terms and rates.
River Bank does not provide tax or legal advice. It is recommended that you seek the advice of your own tax and/or legal professional.
