Certificates of Deposit
With terms ranging from three months to five years, you can relax knowing your money is growing.
- Minimum deposit $500 unless indicated otherwise
- Interest compounds annually
- You may request to have interest paid out at no fee
- Early withdrawal penalty
- Three months interest on terms of one year or less
- Six months interest on terms greater than one year
Invest in a child’s future with our Educational Certificate of Deposit.
- Minimum deposit of only $25
- Setup automatic transfers from your checking or savings account
- Withdraw funds anytime after the child’s 17th birthday without penalty
- Make an unlimited number of deposits into the account until the child’s 24th birthday or until the first distribution date
Investing in an Individual Retirement Account with First Western Bank & Trust is a great way to help you save for the future. We offer Traditional IRAs and Roth IRAs. Contact us today to find out which plan suits your investment needs.