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
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*
*Consult your tax advisor about deductibility of contributions and other tax benefits.