Certificates and Retirement
Select a term that works for you and start saving for a set period of time.
- Competitive interest rates based on opening deposit and term
- Interest is compounded daily & credited monthly
- Terms from 6 to 84 months
- Penalty for early withdrawal
- 48 and 84 month can be opened in branches only.
Effective Date: Monday, October 2, 2023
Account Type | Annual Percentage Yield (APY) | Minimum Balance To Earn APY/Open |
|---|---|---|
| 6 Month | 5.00 | $1,000.00 |
| 12 Month | 0.60 | $1,000.00 |
| 12 Month | 0.75 | $10,000.00 |
| 12 Month | 0.90 | $25,000.00 |
| 13 Month * | 4.75 | $500.00 |
| 18 Month | 0.75 | $1,000.00 |
| 18 Month | 0.85 | $10,000.00 |
| 18 Month | 1.00 | $25,000.00 |
| 24 Month | 3.75 | $1,000.00 |
| 24 Month | 4.00 | $25,000.00 |
| 36 Month^^ | 2.00 | $5,000.00 |
| 48 Month | 3.75 | $1,000.00 |
| 48 Month | 4.00 | $25,000.00 |
| 60 Month | 2.00 | $1,000.00 |
| 60 Month | 2.50 | $25,000.00 |
| 84 Month | 2.50 | $10,000.00 |
| Wealth Builder IRA^*° | 0.25 | $50.00 |
| Wealth Builder IRA^*° | 0.50 | $5,000.00 |
| Wealth Builder IRA^*° | 1.00 | $25,000.00 |
^ Denotes variable rate account. The interest rate may change after the account is opened.
^^ denotes bump up CD-one rate adjustment per term
* certain limitations apply
# minimum balance to earn interest is the same as the required minimum opening balance unless noted in Special Features
° Interest is paid on the full balance in the account based on the applicable tier.
Accounts subject to fees & charges. Fees may reduce earnings.
Early withdrawals on CDs may result in substantial penalties.
For other terms and account information please call 410-768-7800.
For 24/7 telephone access to accounts and products call Bankline 888-225-4417.
The Wealth Builder IRA^*°
Select a tier that works for you and start saving for your retirement adventures.
- Must have a checking or savings account with Arundel Federal Savings Bank to open a Wealth Builder IRA
- $50 minimum opening deposit
- Variable interest rate
- Interest is compounded daily & credited monthly
- Interest Tiers: $50 - $4,999.99, $5,000 - $24,999.99, $25,000+
- Transaction limitations apply - see the account disclosure for a full list of permitted and limited transactions
- One Wealth Builder IRA per IRA plan type - Traditional or Roth
New Customers:
If you are new to Arundel Federal Savings Bank, please open a new checking or savings account first. Our Goal Maker Savings only requires $5 to open and offers a premium promotional interest rate!
- Open a new checking account or savings account
- Open and print The Wealth Builder IRA package - Select Traditional or Roth IRA
- Follow 1-2-3 Wealth Builder IRA instructions to complete and mail package
Existing Arundel Federal Savings Bank checking or savings account holders:
- Open and print The Wealth Builder IRA package - Select Traditional or Roth IRA
- Follow 1-2-3 Wealth Builder IRA instructions to complete and mail package
Effective Date: Monday, October 2, 2023
Account Type | Annual Percentage Yield (APY) | Minimum Balance To Earn APY/Open |
|---|---|---|
| Wealth Builder IRA^*° | 0.25 | $50.00 |
| Wealth Builder IRA^*° | 0.50 | $5,000.00 |
| Wealth Builder IRA^*° | 1.00 | $25,000.00 |
^ Denotes variable rate account. The interest rate may change after the account is opened.
^^ denotes bump up CD-one rate adjustment per term
* certain limitations apply
# minimum balance to earn interest is the same as the required minimum opening balance unless noted in Special Features
° Interest is paid on the full balance in the account based on the applicable tier.
Accounts subject to fees & charges. Fees may reduce earnings.
Early withdrawals on CDs may result in substantial penalties.
For other terms and account information please call 410-768-7800.
For 24/7 telephone access to accounts and products call Bankline 888-225-4417.
