Certificates of Deposit (CDs)
Certificates of deposits (CD's) are savings certificates that pay
a higher rate of interest for funds left on deposit for a specific
length of time, with penalties for early withdrawal. CD's may be
purchased from 7 days to 4 years for any amount $2,500.00 or greater
with fixed-rates of interest. JNB offers single maturity or
auto-renewable certificates with a variety of interest payment options.
Individual Retirement Accounts (IRAs)
JNB offers an 18 month variable rate IRA for qualified
individuals who wish to take advantage of special tax benefits and save
for retirement. Some IRA contributions and all interest earnings are
tax-exempt until withdrawn. Call for details on how this attractive
long-term savings plan can benefit you and your spouse.
