| Fixed Rate CD | 30-Month Variable Rate CD | Statement Savings | Money Market | |
|---|---|---|---|---|
| Used For | Traditional and Roth IRA funding | Traditional and Roth IRA funding | Traditional and Roth IRA funding | Traditional and Roth IRA funding |
| Minimum opening balance | $500 | $1 | $1 | $50 |
| Terms | 4 months through 10 years | 30 months | Unlimited | Unlimited |
| Interest Rate Structure | Fixed rate | Variable rate | Interest rate is subject to change periodically | Tiered interest rate dependent on account balance |
| Interest Compounding | Interest is compounded continuously and credited monthly. | Interest is compounded continuously and credited monthly. | Interest is compounded daily and credited monthly. | Interest is compounded daily and credited monthly. |
| Additional contributions allowed | No | Yes, at any time | Yes, at any time | Yes, at any time |