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Business Savings Solutions

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A variety of Savings Options are available to meet your short-term and long-term goals.

Certificates of Deposit

  • Minimum deposit is required
  • Rates can be fixed or variable
  • Early withdrawal penalty applies
  • Interest can be compounded, deposited into Clearfield Bank & Trust account or distributed via check.

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Statement Savings Account

  • Interest bearing
  • No service charge, if minimum balance is met
  • Quarterly statement
  • Unlimited deposits
  • Maximum 6 third party transactions per month

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Individual Retirement Accounts (IRA’s)

  • Helps you plan for retirement
  • Save a little or a lot depending on your needs
  • Maximum contribution defined by the IRS
  • Discuss possible tax benefits with your tax advisor
  • Fixed or Variable rates

 

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