Savings, CD & IRA

Statement Savings

  • Earns interest
  • No maintenance fee

Money Market 
Our Money Market account offers a convenient way to save and build for the future.

  • Earn higher dividends than regular savings
  • With tiered rates the more you save, the more you earn
  • You can open with just $1,000
  • Clear up to three checks each month with no fees
  • Dividends are earned on the average daily balance, and credited and compounded monthly

Certificate of Deposit
A CD is a wise choice for depositors who don’t need immediate access to savings. It is a convenient way to start investing in your future.

  • Competitive Rates
  • Set your own maturity date anywhere from 6 months to 5 years
  • Minimum investment of $1,000 investment*

*A penalty may be imposed for early withdrawal.

IRA
Saving for retirement may seem complicated and difficult, but when you’re a member, it doesn’t have to be. To achieve your retirement lifestyle goals, you should start saving now. And our IRA options make it simple — no matter what your income level and budget may be.

Regular IRA

  • May be tax deductible
  • IRA earnings are not taxed until money is withdrawn
  • $25 to open
  • Can be rolled over without charge
  • May withdraw interest monthly without penalty

CD IRA

  • May be tax deductible
  • IRA earnings are not taxed until money is withdrawn
  • Offered in 6 different terms: 1 year, 1 1/2 years, 2 years, 3 years, and 5 years
  • $1,000 minimum balance is needed to open
  • May withdraw interest monthly without penalty

We also offer Roth IRAs and Education IRAs.

Christmas Club Account
Our Christmas club account provides you with a simple savings program that help you save for holiday shopping or a vacation.

  • $1 is all you need to get started
  • Deposits can be made from of $1 to $190 a week
  • Funds are deposited directly into your Alden account of choice (checking or savings)

Do you have questions about what the best saving options are for you?

Our free financial service center can help!

Click here or give them a call today 413-534-4290.

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