Tuesday, September 07, 2010

Savings, CD's, & IRA's

Savings
Pinnacle Bank's basic, interest-bearing Statement Savings account is a good place to keep emergency funds. This account is highly liquid, meaning you always have access to your cash. A minimum of $200* is required to open a Statement Savings account. A fee of $2.00* will be assessed each month if the average daily balance falls below $200. Interest is compounded monthly and credited to your account each month. We use the daily balance method to calculate the interest on your account. Five free withdrawals are allowed every statement cycle, any withdrawals after will be charged $1.00 each.

CD's
Choice of terms, minimum deposits, interest rates and payment methods*.

Traditional & Roth IRA's
Coverdale Education Savings Accounts
Tax-Smart retirement savings accounts. Fixed or variable interest rates*.

 

*Subject to early withdrawal penalties

FDIC what does this mean?

The recent news of turmoil in the banking industry has been overblown. Fears of a financial meltdown have been brought about by a few troubled banks, some of which are due to the mortgage crisis in some states and questionable lending practices. Pinnacle Bank wants to provide some resources and a brief explanation on what FDIC insurance is and who is protected. Pinnacle Bank is FDIC insured to protect our customers financial security. This information is being put forth to...

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FDIC TAGP

Pinnacle Bank is participating ...

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