ACBLA’s CDs and IRAs

ACBLA offers a variety of CDs and IRAs in order to fit your savings needs.

Calculate Your Savings Current Interest Rates

Certificates of Deposit

Certificates	Compounding	Minimum	Penalty	Number of “Bump-Ups"
6 Month	Daily Compounding	$2,500.00	3 Months Interest	N/A
1 Year	Daily Compounding	$500.00	3 Months Interest	N/A
18-24 Month	Daily Compounding	$500.00	6 Months Interest	N/A
4 Year	Daily Compounding	$500.00	6 Months Interest	1 Time
6 Year	Daily Compounding	$500.00	6 Months Interest	1 Time
8 - 10 Year	Daily Compounding	$500.00	6 Months Interest	2 Time

The “Bump-Up” option referred to above can be exercised either once or twice during the term of your CD. When you choose to exercise this option, you “bump-up” your interest rate for the remaining term. On the day you exercise this option you will be given the current rate of your CD type.

Individual Retirement Accounts

Choosing the type of IRA can be confusing, stop in or give us a call to discuss what would be the best option for you. All of our IRAs have a quarterly variable rate and compound the interest daily. Our IRA options and their terms are as follows:

Traditional IRA | 18 Months
Roth IRA | 30 Months
Simplified Employee Pension IRA | 18 Months
Educational IRA | 30 Months

Please be aware early withdrawals from an IRA may have penalties from ACBLA and/or Income tax implications and additional IRA penalties. Please contact a tax professional.