Explore PointBank’s range of CDs and IRAs if you’re looking for something beyond a traditional savings account. With a minimum deposit starting at just $500, you can easily get started. Plus, in some cases you can use your qualifying CD as collateral for a loan with PointBank, adding even more convenience to your banking experience.
Certificate of Deposit (CD)
PointBank’s CDs are a great option for customers looking to set aside funds for a specific term or their savings as collateral for a PointBank loan. With terms ranging from 30 days to 3 years, and you can choose to compound your interest or have it automatically transferred to your checking or savings account.
Fees may reduce earnings. See Banker for complete details.
- Minimum amount to open: $500
- Terms range from thirty days to three years
Triple Play CD
With a Triple Play CD from PointBank, you can break away from the limitations of traditional CDs. Within a 12-month term, you’re allowed to make one additional deposit, one withdrawal, and even increase your rate – all without penalties or fees.
- Minimum amount to open: $500
- Term: 12 months
Call us for our current CD specials!
Individual Retirement Accounts (Traditional and Roth)
At PointBank, we understand the importance of saving for retirement. Whether you’re just getting started or have been building your nest egg for years, we offer IRAs designed to fit your needs. Be sure to consult your tax advisor to determine which option is best for you.
- Minimum amount to open: $250
- Money is invested in the form of a Certificate of Deposit
- Terms are the same as CD terms
- You may transfer money directly from another institution or qualified plan
- You may rollover money from another institution or qualified plan