CDs & IRAs

Whether you are saving for a college education for your kids, down payment on a new home, retirement, or just for a

rainy day, Fayette County National Bank has longer-term savings options that will be right for you - safe and secure

investments that are FDIC insured.

Certificates of Deposit

For customers who want a higher investment rate for a fixed term, Certificates of Deposit (CDs) are one of the
safest investments around today.  Terms range from 90 days to 4 years at a variety of competitive interest rates. 
A penalty may be imposed for withdrawal before maturity.

Please contact a New Accounts representative at your branch for current interest rates.

Individual Retirement Accounts

Regular investing using a FCNB IRA can help to ensure your retirement years are enjoyable.  It is never too early to
start planning for the future. The sooner you begin contributing, the faster your savings will grow due to possible
tax savings and our competitive interest rates. Our IRA accounts have a minimum deposit of $500.00 to open the account.
Minimum amounts for future deposits and withdrawals are also $500.00.
 

Traditional IRA

• Contributions may be tax deductible

• Required minimum distribution begins at 70½; however minimum distributions are not required in 2009

• No federal income tax on earnings until withdrawn

• Withdrawals before 59½ are usually subject to a 10% penalty

Roth IRA

• Contributions are not tax deductible

• No required minimum distribution at 70½

• Interest is tax exempt

                                          Member FDIC