home > Personal Banking > CDs and IRAs

AVB Bank

Enroll For Online Banking Sign-In To Online Banking
 

CDs and IRAs

CDs
With maturities available from 30 days to 60 months, highly competitive rates, and a low minimum deposit, an AVB Certificate of Deposit is a great way to invest your money with the safety of FDIC insurance.

CDARS®
For depositors with more than $100,000 to invest in CDs but still want the protection of FDIC Insurance then this is certainly the account for you.  With this product you can maintain FDIC insurance on deposits up to $50 Million!

IRAs
Are you preparing for your retirement?  AVB can help with a Roth or Traditional IRA!  Not sure which is right for you?  The table below can help.

Roth IRA
Traditional IRA
Contributions up to $5,000 per year
Contributions up to $5,000 per year
Contributions are not tax deductible
Contributions may be tax deductible
No age limitations on contributions
No contributions after age 70.5
Earnings grow tax-deferred; qualified distributions are tax free
Earnings grow tax-deferred, but earnings are added to taxable income for year distributed
Qualified distributions are tax and penalty-free
Distributions are treated as income and may be subject to penalties if taken before age 59.5
No required minimum distribution for owners
Distributions required after age 70.5

Still not sure which is right for you?  No problem!  We're here to help!  Call us today at (918) 251-9611, or better yet, stop by to see us!