investment

Plan for your future, today!

Want financial peace of mind?

Our investment options allow you the ability to save now or have a place to rollover your outside retirement accounts to have all your assets under one roof for convenience and simplification to a busy life.

PERSONAL & BUSINESS OPTIONS

  • Certificate of Deposit

    CD’s provide financial security through fixed rates and multiple term options. Maturities range from 30 days to 5 years and beyond.

    Certificate of Deposit

  • CDARS & ICS

    Insure up to $50 million dollars in a CDARS/ICS account. This is ideal for Business customers who are utilizing our Treasury Management suite of products.

    CDARS & ICS

RETIREMENT OPTIONS

Roth IRA

Offer tax-free growth potential.
  • Grows tax free and investment earnings are distributed tax-free in retirement, if a five-year waiting period has been met and you are at least age 59 ½, or as a result of your death, disability, or using the first time homebuyer exception.
  • No tax deduction regardless of income because contributions are made with after tax money.
  • You can contribute at any age as long as you, or if filing jointly your spouse, have earned income and are within or under MAGI (modified adjusted gross income) limits.

Traditional IRA

Offer tax-deferred growth potential.
  • No taxes on any investment earnings until you withdraw or “distribute” the money from your account presumably in retirement.
  • Ability to reduce your taxable income. Deferring taxes allows for a potentially greater accumulation of wealth.
  • Due to the Setting Every Community Up for Retirement Enhancement Act (SECURE Act), beginning in tax year 2020, there is no maximum age restrictions for making a Traditional IRA contribution as long as you, or your spouse if filing jointly, have earned income.

SEP IRA

Allows employers to contribute to traditional IRAs (SEP-IRAs) set up for employees.
  • A business of any size, even self-employed, can establish a SEP.
  • Higher contribution limits for business owners, and can be utilized for both employers and eligible employees. Employees can contribute up to 25%.
  • SEPs are offered to different sizes of business including sole proprietorships, and have the potential to reduce your taxable income.

Ready to invest?

Our relationship bankers would love to talk with you anytime - call (936) 639-5566 to get started. View the document checklist below to make sure you're ready.


INVESTMENT CHECKLIST

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