AradBank Savings & Investment Options
At AradBank, we know that building wealth starts with smart saving and investing. That’s why we offer a range of savings and investment options to help you achieve your financial goals. Here are some of the options available to you:
Savings Accounts: Our savings accounts offer competitive interest rates and no monthly maintenance fees. Choose from a variety of account options to find the one that best suits your needs.
Certificates of Deposit (CDs): With our CDs, you can lock in a fixed interest rate for a set term length, ranging from six months to five years. This option offers a low-risk way to earn more on your savings.
Money Market Accounts: Our money market accounts offer a high interest rate and easy access to your funds. You can make up to six withdrawals per month and earn tiered interest rates based on your balance.
Individual Retirement Accounts (IRAs): Planning for retirement is important, and we offer a range of IRA options to help you save for your future. Choose from traditional or Roth IRAs, each with its own tax benefits.
Investment Accounts: For those looking to grow their wealth over time, we offer investment accounts with access to a range of investment products, including stocks, bonds, mutual funds, and more.
AradBank offers a range of savings accounts, including traditional savings accounts, high-yield savings accounts, and money market accounts. Each account has its own features and benefits, so you can choose the one that best suits your needs.
A certificate of deposit (CD) is a low-risk investment option that allows you to earn a fixed interest rate for a set term length, typically ranging from six months to five years. CDs are insured by the FDIC up to $250,000 per depositor.
A money market account is a high-interest savings account that typically offers a higher interest rate than a traditional savings account. Money market accounts often require a higher minimum balance, but also offer more flexibility when it comes to making withdrawals.
Traditional IRAs offer tax-deferred contributions, meaning you won’t pay taxes on your contributions until you withdraw the money during retirement. Roth IRAs offer tax-free withdrawals during retirement, as long as you meet certain requirements.
AradBank offers access to a range of investment products, including stocks, bonds, mutual funds, and exchange-traded funds (ETFs). Our experienced financial advisors can help you determine which products are best suited to your financial goals and risk tolerance.
Is there a minimum balance requirement for AradBank savings and investment accounts?
Minimum balance requirements vary depending on the type of account. Our savings accounts and money market accounts typically require a minimum balance of $500 or $1,000, while CDs may require a higher minimum balance. Our financial advisors can help you determine the best account for your needs.
Our experienced financial advisors can help you determine which savings and investment options are best suited to your financial goals and risk tolerance. Contact us today to learn more about how we can help you build wealth and achieve financial success.