Certificate of Deposit | IRA Accounts

The Certificate of Deposit or IRA CD that’s right for you, your family and your life today — products that offer long-term convenience, and security.

Even more important, we’ll work closely with you to make sure that even as your needs change, you’ll have established a banking relationship you can count on for years to come.

Several accounts to choose from that fit your need.

Compare Accounts Below

CERTIFICATE OF DEPOSIT (CD)W
Combine flexibility and security, with a guaranteed interest rate and a fixed term. Plus, you can choose to have the interest added back into the CD principal or have it deposited into an M&F Bank checking or savings account. The more you invest, the better the interest rate.


• $1,000 minimum to open
• Rate of return is fixed for the entire term
• Short- and long-term investment options available
• Investment principal is protected
• Automatic renewal
• Substantial penalty for early withdrawal
• CD Terms from 3 months to 5 years
• Please contact your Branch Representative today
• Please contact your local branch for current rates on all available CD terms.

Current CD Specials

Terms $1,000 to $250,000 Interest Rate
* 17 Month CD Special 1.24%

IRAW
Save securely for retirement while deferring taxes until you access your money, which you can begin doing at age 59½. If you and your spouse do not have qualified retirement plans, some or all of your IRA contribution may be tax-deductible. (Please consult your tax advisor.)


• $1,000 minimum to open
• Variety of fixed-rate investment options available
• No start-up or annual fees
• Detailed quarterly statements
• Substantial penalty for early withdrawal

Current IRA Special

Terms $1,000 to $250,000 Interest Rate
*17 Month IRA SPECIAL 1.24%

*With 17 Month IRA Certificate of Deposit Special

CERTIFICATE OF DEPOSIT (CD)W
Combine flexibility and security, with a guaranteed interest rate and a fixed term. Plus, you can choose to have the interest added back into the CD principal or have it deposited into an M&F Bank checking or savings account. The more you invest, the better the interest rate.


• $1,000 minimum to open
• Rate of return is fixed for the entire term
• Short- and long-term investment options available
• Investment principal is protected
• Automatic renewal
• Substantial penalty for early withdrawal
• CD Terms from 3 months to 5 years
• Please contact your Branch Representative today
• Please contact your local branch for current rates on all available CD terms.

Current CD Specials

Terms $1,000 to $250,000 Interest Rate
* 17 Month CD Special 1.24%

IRAW
Save securely for retirement while deferring taxes until you access your money, which you can begin doing at age 59½. If you and your spouse do not have qualified retirement plans, some or all of your IRA contribution may be tax-deductible. (Please consult your tax advisor.)


• $1,000 minimum to open
• Variety of fixed-rate investment options available
• No start-up or annual fees
• Detailed quarterly statements
• Substantial penalty for early withdrawal

Current IRA Special

Terms $1,000 to $250,000 Interest Rate
*17 Month IRA SPECIAL 1.24%

*With 17 Month IRA Certificate of Deposit Special

1Special Insurance Program Notes:  The descriptions herein are summaries only.  They do not include all terms, conditions, and exclusions of the policies described.  Please refer to the actual policies for complete details of coverage and exclusions.  Insurance is offered through the company named on the certificate of insurance.  

2IDProtect® service is a personal identity theft protection service available to personal checking account owners, their joint account owners and their eligible family members.

The service is available to non-publicly traded businesses and their business owner(s) listed on the account and their eligible family members (service not available to employees or authorized signers who are not owners). Service is not available to a “signer” on the account who is not an account owner. Service is not available to clubs, organizations and/or churches and their members, schools and their employees/students. For revocable grantor trusts, the service is available only when a grantor is serving as a trustee and covers the grantor trustee(s) and their eligible family members. For all other fiduciary accounts, the service covers the beneficiary, who must be the primary member, and their eligible family members (Fiduciary is not covered). A family includes Spouse, persons qualifying as a domestic partner, and children under 25 years of age and parent(s) of the account holder who are residents of the same household.

Insurance Products are not insured by the FDIC or any Federal Government Agency; not a deposit of or guaranteed by the bank or any bank affiliate.

*Please ask your M&F Bank representative about system requirements.

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