We offer a variety of investment accounts that will give you a steady return on your savings.
Certificates of Deposit
CDs are the easiest way to save if you don't need access to your money right away. They usually pay you a higher interest rate than a traditional savings or money market account. We have CDs with maturities that range from 6 to 60 months. With a Bank of Frankewing CD, you will have the comfort of knowing that your account is fully secured by the FDIC up to the maximum allowable limit.
Individual Retirement Accounts
We also offer Traditional and Roth IRAs at either a variable or fixed rate. IRAs are a great option if you are looking to save for retirement. Review the chart below to learn about the differences between Traditional and Roth IRAs.
Simplified Employee Pensions
The Bank of Frankewing also offers a Simplified Employee Pension (SEP), which is a great option for small business owners as well as those who are self-employed.