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Investing should be a part of every financial plan, and TSB has several
investment accounts to help you earn interest on your money and increase your
wealth. Plus, all of our accounts offer you FDIC-insured, guaranteed rates. But,
the best part of all? We make investing easy!
Check out our investment accounts below, and start making more of your money
today!
• Money Market Accounts
• Certificates of Deposit (CDs)
• Individual Retirement Accounts (IRAs)
Money Market Accounts
Enjoy Easy Access to Extra Funds at a Higher Interest Rate!
Premier Savings
Interest earned on daily balances when minimum balance of $1,000.00 is
maintained.
Interest accrues on the business day you deposit cash or noncash (e.g., checks)
items and is credited to your account at the close of business on your statement
date.
Minimum $100.00 deposit required to open account.
Money Market Checking
Interest earned on daily balances when minimum balance indicated is maintained.
Interest accrues on the business day you deposit cash or noncash (e.g., checks)
items and is credited to your account at the close of business on your statement
date.
Limited to 6 checks or preauthorized transfers per month.
Minimum $100.00 deposit required to open account.
Certificates of Deposit
Terms to fit your needs.
FDIC insured
Minimum balance of $1,000.00 applies to all CDs.
Minimum balance of $2,500.00 applies to any special rate CDs.
Learn about how your funds are insured at
FDIC
Individual Retirement Accounts (IRAs)
Lots of Options - All with Excellent Rewards for Your Financial Future.
| If you're not sure which IRA is best for you and your
financial situation, just give us a call or stop by... we'll be happy to
help you sort it all out. |
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Contributions |
Earnings |
Distributions |
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Traditional IRA |
• Some contributions deductible |
• Earnings tax deferred |
• Most distributions taxable |
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Roth IRA |
• Non-deductible contributions |
• Earnings tax deferred |
• Tax-free qualified distributions |
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Education IRA |
• Non-deductible contributions |
• Earnings tax deferred |
• Tax-free qualified distributions for certain education expenses |
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Simple
IRA
(Savings incentive match plan for employees of small employers) |
• Employee deferrals, Employer deductible contributions |
• Earnings tax deferred |
• Distributions taxable |
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SEP
(Simplified employee pension plan) |
• Employer deductible contributions |
• Earnings tax deferred |
• Distributions taxable |
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