Little
River Bank offers a savings plan to fit your needs. Choose
a simple Regular Savings account or a more structured Certificate
of Deposit or Individual Retirement Account.
Regular Savings accounts
give you all the flexibility you need while you build the
savings habit. There is no minimum or maximum transaction
amount, so you can save as little or as much as you want –
$1 a week or $100 dollars a day. Interest is deposited to
your account quarterly so you can see your savings grow.
Your
savings are federally insured to $250,000. Our Regular
Savings
accounts are an ideal vehicle for your funds because your
money is immediately available. You can also access
your savings account using a ATM card for 24-hour convenience.
Certificates
of Deposit – Also
called a time deposit, a CD is a certificate issued
by a bank or thrift that indicates a specified sum
of money has been deposited at the issuing depository
institution. A CD bears a maturity date and a specified
interest rate and can be issued in any denomination. Certificates
of Deposit are available at Little River Bank for competitive
rates. There’s a required mimimum deposit of $1,000.00
and CD maturity dates range from 30 days to 30 months.
Call
475-2306 for
current rates.
Individual
Retirement Account – IRA –
We offer both traditional IRAs and Roth IRAs. You may
also want to consider investing in an Education IRA,
converting a traditional IRA to a Roth IRA, or simplifying
your IRA investments by consolidating your IRA. If
your work situation has changed recently, you’ll want
to investigate the advantages of a rollover or transfer
IRA. We’ll show you why it pays to start investing
now. If you already have an IRA, we can help you evaluate
your IRA’s performance to be sure it’s working as hard
as it should be.
We
also offer money market accounts. Little River Bank is
committed to helping you achieve financial health. The
first step is to learn the savings habit. Let us assist you
by answering your savings questions today: 870-475-2306.
Member
FDIC – All deposits insured
up to $250,000
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