• 3 months
• 6 months
• 12 months
• 24 months
• 36 months
• 48 months
• 60 months

Minimum opening deposit $2,000 for the IRA CD.

Additional deposits of $500 or more may be made on 1 year IRA CDs. Deposits not permitted on all other CD terms.

Interest payment
Interest is paid at maturity for CDs with terms of one year or less. Otherwise, interest is paid annually.

You may choose to have your interest payment transferred to another Johnson Bank account.

Certificate renewal
CDs are automatically renewed at maturity unless otherwise noted on the certificate. Account owners have 10 calendar days after maturity to withdraw funds without penalty. Interest is not paid during this grace period unless the CD funds are deposited into another Johnson Bank CD.

Grace Period
The account owner has ten (10) calendar days after maturity to withdraw the funds without penalty. Interest is not paid during the grace period unless the funds from this Certificate of Deposit are deposited into another Johnson Bank Certificate of Deposit.

Early withdrawal penalty
3-month CD - 90 days simple interest
All other CD Terms - 180 days simple interest

IRA Savings Account
The IRA Savings Account is a great retirement savings vehicle if you want the option to start with a small balance and save regularly.

IRA Savings Account Terms at a Glance
Minimum opening deposit	$100
Minimum daily balance	$100
Monthly maintenance fees	$3.00 (If minimum balance is not maintained. )
Interest	Compounded monthly
Withdrawals	No charge/unlimited number of withdrawals Note: Customers must follow IRA regulations while maintaining this account. Withdrawals may be subject to IRS penalties.
Statement	Semi-annual statement
Online Services	Free online account access

Financial Information Center Articles:
Retirement Planning Choices
Traditional IRA
Roth IRA

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