Certificates of Deposit and Individual Retirement Accounts

Certificates of Deposit

CDs are a great savings tool for clients who want to secure a competitive fixed interest rate on their money for a specific period of time. CDs require a minimum deposit of $500. Customers can vary maturities to meet their individual needs. Interest is compounded daily at a fixed interest rate. Interest on CDs can be credited quarterly to savings or checking accounts or can be added back to the CD. There are no monthly service or investment fees, and our CDs are FDIC insured.

College Kids CD

To answer the needs of today's parents and grandparents, we offer our "College Kids CD," a variable rate, 5-year Certificate of Deposit that requires a minimum initial deposit of only $50. Minimum deposits of $10 can be added at anytime.

Individual Retirement Accounts

Waterford Village Bank IRAs allow our customers to save for retirement and lower their taxes. We offer several products with competitive rates, and all are FDIC-insured investments. We do not charge investment or management fees.

Please visit WVB at your convenience to discuss the various options.