CD & IRAs

Good returns come to those who wait. Explore the OFBC options to help you manage your longer-term investment and retirement options

Certificate of Deposit (CD)

We offer several types of CDs to fit a wide range of needs. Choose the type that best fits your financial situation — each includes fixed terms with rates that beat standard savings, and no setup or maintenance fees are required.

Short-Term CD

Earn a fixed interest rate on $1,000 or more
90 days, 6, 9, or 12-month terms available
$1,000 minimum deposit to open⁽³⁾

Medium or Long-Term CD

Earn a fixed rate of interest on $1,000 or more
18, 24, 30, 36, 48, or 60-month terms available
$1,000 minimum deposit to open⁽³⁾

Jumbo CD

Earn a fixed interest rate on $100,000 or more
Range of terms available; contact us for details
$100,000 minimum deposit to open⁽³⁾

View Current Rates

⁽³⁾ Minimum balance. The minimum balance required to obtain the advertised annual percentage yield. For tiered-rate accounts, the minimum balance required for each tier shall be stated in close proximity and with equal prominence to the applicable annual percentage yield.

Individual Retirement Account (IRA)

Get a head start on retirement with one of our tax-advantaged IRAs — and add a new item to your bucket list with every contribution.

Traditional and Roth IRA options
No setup fees
No monthly or annual maintenance fees
Funds can be used to purchase CDs within IRA
Minimum Term of 12 months
$250 minimum deposit to open variable IRA
$500 minimum deposit to open IRA CD

View Current Rates