Certificates of Deposit (CDs)

Maturity takes time.

Andover State Bank offers certificates of deposit with flexible maturity terms and varying rates.

• Interest compounds daily and is credited monthly
• Interest payment options: reinvest, deposit into another account or paid directly to you
• CDs automatically renew at the current rate when they mature, once the term expires, there is a 10 calendar day grace period to add or change the term with no penalty
• Pair your CD with one of our Propel Checking Accounts for a one-time $2,500 withdrawal from your CD with no penalty

Jump CDs

Take advantage of the opportunity to increase your rate by opening a JUMP CD. If the published rate is increased on this CD, you may make a one time “jump” to the higher rate at any time during the term of the CD.

Individual Retirement Accounts (IRAs)

Retire worry-free.

Start saving for retirement today. IRAs are a tax-saving tool available to help you maximize your retirement funds.

• Traditional and Roth IRAs available
• No application, set or maintenance fees
• Tax free or tax deferred earnings^*
• Tax free or tax deferred earnings^*