Save Your Money With Your Local Community Bank

Look no further than PointBank’s suite of CDs and IRAs if you need something a little more advanced than a traditional savings account. The minimum deposit required to open these accounts can be as low as $500 and, in some cases, we offer the added convenience of using your qualifying CD as collateral for your next loan with PointBank.

Certificate of Deposit (CD)

Our PointBank CDs are for those customers who want to sock some money away for a specific term or have collateral to use toward a PointBank loan. Terms range from 30 days to 3 years, and you can either compound your interest or automatically transfer it to your checking or savings account.

• Minimum amount to open: $500
• Terms range from thirty days to three years

Fees may reduce earnings. See Banker for complete details.

Triple Play CD

With a Triple Play CD from PointBank, you can buck the style of non-flexible traditional term CDs by adding to, withdrawing from and increasing the rate once – all within a 12 month term without a single penalty or fee.

• Minimum amount to open: $500
• Term: 12 months

Individual Retirement Accounts (Traditional and Roth)

PointBank understands your desire to save for retirement, and whether you just started or you’ve been saving up for years, PointBank has the IRA to fit your needs. Please consult your tax advisor on which option is right for you.

• Minimum amount to open: $250
• Money is invested in the form of a Certificate of Deposit
• Terms are the same as CD terms
• You may transfer money directly from another institution or qualified plan
• You may rollover money from another institution or qualified plan