Savings

From children’s savings accounts and money market accounts to health savings accounts or basic interest bearing savings accounts, it's easier to save with Century Bank and Trust. At Century Bank and Trust we offer a variety of savings products, including traditional savings accounts, and time deposits such as Certificates of Deposit (CDs) and Individual Retirement Accounts (IRAs) to meet your financial needs. CDs are offered to local customers and terms range from six months to 36 months beginning at $500. If you are interested in purchasing a CD, please contact us below for our current rates. 

Savings Accounts

Individual Retirement Accounts (IRAs)

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Savings Accounts

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* For mobile and text banking, standard data rates from your wireless provider may apply.

** Important Notice: Savings accounts are limited transaction accounts and are subject to Regulation D. Excessive withdrawals over the limit may result in fees, account closure, change of account type, termination of transfer capability or other remedial action. See your account disclosure for full details.

***APYs are accurate as of 4/1/2017. Rates may change before and after an account is opened.

Fees could reduce earnings on an account.

You may call, Toll Free (866) 680-BANK/2265, to obtain the most current rate information.

Consult your tax advisor.


Individual Retirement Account 3 (IRAs)


Traditional IRA

  • No penalty for distribution if you are age 59 1/2 or better
  • Required minimum distribution for anyone age 70 1/2 or better
  • Contributions to your Traditional IRA may be tax-deductible**
  • Minimum Opening Deposit is $500.00
  • 6, 12, 24 and 36 month term Traditional IRAs are also available, please contact any Century Bank and Trust office for the most current rates and terms:
18 Month APY***: 

0.20%***
$0.01 or more

Variable APY*:

0.47%*
$0.01 or more


Roth IRA

  • Deposits must be left in for minimum of 5 years to avoid a penalty.
  • Taxes** are paid on deposits.
  • No minimum distributions are required after the age of 70 1/2.
  • Minimum Opening Deposit is $500.00
  • 6, 12, 24 and 36 month term Roth IRAs are also available, please contact any Century Bank and Trust office for the most current rates and terms:

18 Month APY***: 

0.20%*** 
$0.01 or more

Variable APY*:

0.47%*
$0.01 or more


Coverdell Educational Savings Account

  • Educational IRAs can be opened by a custodian for anyone under the age of 18
  • Must only be used for Educational purposes
  • 6, 12, 24 and 36 month term Coverdell Education Savings Accounts are also available, please contact any Century Bank and Trust office for the most current rates and terms: 

18 Month APY***: 

0.20%*** 
$0.01 or more

Variable APY*:

0.47%*
$0.01 or more


Simplified Employee Pension (SEP) IRA

  • Employer sets up individual accounts for each of the participating employees
  • The company funds the plan entirely and is able to make pre-tax** contributions up to 25% of annual compensation for all participating employees
  • 6, 12, 24 and 36 month term SEP IRAs are also available, please contact any Century Bank and Trust office for the most current rates and terms: 

18 Month APY***: 

0.20%*** 
$0.01 or more

Variable APY*:

0.47%*
$0.01 or more


3A penalty may be applied for early withdrawal. 

* APYs are accurate as of 4/1/2017. Rates may change before and after an account is opened.

Fees could reduce earnings on an account. Early withdrawals may be subject to additional fees and taxes**.

You may call, Toll Free (866) 680-BANK/2265, to obtain the most current rate information.

**Consult your tax advisor.

*** APYs are accurate as of 10/27/2016. Fees could reduce earnings on an account. Early withdrawals may be subject to additional fees and taxes**. You may call, Toll Free (866) 680-BANK/2265, to obtain the most current rate information.