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Note: Early withdrawal penalties will be assessed if the principal is withdrawn before the maturity date.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