Don't Plant Your Money Under a Mattress

Let it Grow with Our Options 

 

Traditional & Roth IRA CD's

 

Did you know that Midtown Bank offers both Traditional and Roth IRA Accounts? The IRA CD is the perfect retirement vehicle.

 

Our retirement accounts feature rates higher than those of a traditional Certificate of Deposit, offered in terms of 1-5 years. We have a staff with over 50 years of combined experience to make sure you make the most for your retirement.

 

What set's our IRA options apart from other banks?

 

  • Customers 59 1/2 years and older can upgrade their rate once a calendar year
  • If you are 59 years or older you can transfer, rollover, or withdraw from you IRA accounts without penalty
  • Earn competitive rates of interest
  • Certificates available for terms of 12 months to 5 years
  • Minimum opening deposit $500
  • Early withdrawal penalties may apply

 

 The Flexible CD

 

In the current economic market with rising rates forecasted, many clients are concerned about locking in a rate only to have the rates go up within a month and be out of luck. No need to worry any more! Now you can "hedge your bet" with our flexible CD. You have the opportunity to lock in a great rate today, and then once during your CD term, whenever you choose, you can bump your rate to the current rate offered by Midtown Bank.

 

  

 

  • Minimize market risk 
  • Certificates available for terms of 12 months
  • Minimum opening deposit $1,000
  • Early withdrawal penalties may apply
  • Bumping the rate of your Certificate of Deposit will extend the maturity date 12 months from the date of the rate increase
  • Make additional deposits into this account. Deposits must be a minimum of $500