CDs & IRAs

Bank of Ann Arbor offers a number of sound personal investment products including CDs and IRAs to help meet your long-range financial goals.

Certificate of Deposit (CD)

CDs offer the benefits of savings accounts, with the added peace of mind of fixed rates for a specific period.

Standard CD

  • Minimum deposit of $1,000 to open
  • Monthly and yearly terms available
  • Interest is compounded quarterly
  • Interest can be paid monthly on balances over $10,000

View Rates

Jumbo CD

  • Minimum deposit of $100,000 to open
  • Daily terms available starting at 7 days and up to 365 days
  • Interest is paid at maturity

View Rates

Penalties

Substantial penalties are incurred on all CD options if any part of the original deposit is withdrawn before the date of maturity.

Individual Retirement Accounts (IRA)

We offer Traditional and Roth IRAs for your retirement investments. Non-FDIC insured investments are also available through our licensed Investment Officers. Learn More