CDs and IRAs

Certificates of Deposit

We have competitive interest rates with all the safety and security you need.

• $1000 minimum balance requirement
• Terms range from 91 days to 60 months
• Interest can be paid one of the following ways:
• Compounded (added to CD principal balance)
• Transferred to another account

Note: Early withdrawal penalties will be assessed if the principal is withdrawn before the maturity date.

IRAs

IRA's are a great way to defer taxes and save for retirement. Check with one of our IRA specialists for more information.

Passbook IRA

• No minimum deposit to open
• Interest paid semi-annually
• There are no penalties on early withdrawals assessed by Chippewa Valley Bank; however, Federal IRA penalties are imposed on withdrawals made prior to meeting eligible age requirements.

Certificate of Deposit IRA

• $2000 minimum deposit
• 18, 30 or 60 month term
• Interest compounded monthly
• Penalties will be assessed on early withdrawals
• Federal IRA penalties are imposed on withdrawals made prior to meeting eligible age requirements.

IRA Service Center