CDs and IRAs
Bank of Alameda offers a wide range of Certificate of Deposit terms so you can make the investment that best fits your needs. Our Individual Retirement Accounts are a great option for retirement savings, and can be used to meet the combined balance requirements of our Relationship Checking Account.
To get started, please visit us at one of our branch locations.
|Product||Certificate of Deposit||IRA Accounts|
|Earn a fixed interest rate on your savings with a designated term||Saving for retirement? We offer Traditional, Roth, and SEP IRAs|
|Minimum Opening Deposit||
$100,000 for terms of 29 days or less
|Service Charge Discounts||None||None|
|Monthly Service Charge||None||None|
|Interest Bearing||Yes, Tiered Interest Rate1||Yes, Tiered Interest Rate1|
|Transaction Restrictions||Contributions must be made during the grace period. Withdrawals prior to maturity may be subject to penalty.||Contributions are not limited to the grace period. Withdrawals prior to maturity may be subject to penalty.|
1See current rate sheet for rates and tiers. Interest is compounded daily and begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).