If you’re looking for a low-risk, interest-bearing way to save for the future, a CD or IRA might be the answer. Either of these options are great if you are thinking about a long-term investment. Reach out to one of our locations if you have further questions or want to get started today.

Rivers Edge Bank Locations 

Certificates of Deposits

A Certificate of Deposit can receive a slightly higher interest rate than a regular savings account. Investing in a CD comes with a lot of benefits. You have the power to decide how much you want to invest and for how long. You’ll receive a fixed interest rate, so you’ll know exactly how much you’ll be earning over your term. It’s a secure way to invest your money with very little risk.

It's important to note your money won’t be easily accessible while held in a CD. Rivers Edge bank requires a minimum deposit of $500 and a commitment to keep the money in for a set term as early withdrawals are subject to a penalty. Because rates vary based on term and are subject to change daily, contact your local Rivers Edge Bank for current rates.

If this is something you’d like to learn more about, give one of our Customer Service Representatives a call. We’re here to help you decide if a CD is a right investment for you!

Certificate of Deposit Terms
 91 Day
 182 Day
 12 Month
 24 Month
 36 Month
 48 Month
 60 Month

Individual Retirement Accounts

Both Traditional and Roth IRAs are easy to open and contribute to. They are often considered a more conservative option than investing in the current markets. We suggest visiting with your financial advisor to see what’s the best route for your retirement funds. If an IRA is best for you, we are here to help! Contact your local Rivers Edge Bank to learn more about how our IRA savings rates vary based on a tiered system.

IRA Savings
 $1,000 Minimum Balance to Open
 Interest Paid Quarterly
 Interest Compounded Quarterly
Variable Interest Rate