Personal Banking


Investing doesn’t have to be risky. A CD with Bank2 provides you a guaranteed return and FDIC insurance. We offer a wide range of terms to make CDs available to everyone. Turn your savings into a safe, secure source of income today!


  • Risk-free, guaranteed returns
  • Interest paid monthly
  • Fixed rate for length of term
  • Terms from 3 months to 5 years
  • Penalty for early withdrawal
  • $500 minimum deposit to open
  • FDIC insured
  • Access multi-million-dollar FDIC insurance with CDARS


Security, earnings, and tax savings all rolled into one. IRAs with Bank2 are a great way to prepare for the future. The tax benefits allow for significant annual savings to compound over a lifetime, providing a substantial nest egg for retirement.

We don’t charge any maintenance fees to make IRAs available to everyone. Plan for your future by investing today.


  • Tax-advantaged retirement savings
  • No setup or maintenance fees
  • Traditional and Roth IRA options available
  • Use Bank2 CDs to invest within IRA
  • $5,000 contribution limit per year
  • Additional $1,000 "catch-up" contribution allowed for ages 50+
  • Funds can be used to purchase CD, stocks, bonds, etc. within IRA
  • $500 minimum deposit to open
  • FDIC insured


Traditional and Roth IRAs both offer distinct tax advantages. A traditional IRA offers some tax savings both now and upon withdrawal. A Roth IRA does not offer immediate tax benefit, but may provide greater savings upon withdrawal.

Traditional IRA

  • Anyone under age 70½ that has earned income may open an account
  • Contributions are tax deductible on state and federal income tax*
  • Earnings are tax deferred until withdrawal (when usually in lower tax bracket)
  • Withdrawals can begin at age 59½
  • Early withdrawals subject to penalty**
  • Mandatory withdrawals at age 70½

Roth IRA

  • Contributions are NOT tax deductible
  • Earnings are 100% tax free at withdrawal if distribution qualifiers are met
  • Principal contributions can be withdrawn without penalty*
  • Withdrawals on interest can begin at age 59½
  • Early withdrawals on interest subject to penalty**
  • No mandatory distribution age

*Subject to some minimal conditions. Consult with a tax advisor.
**Certain exceptions apply, such as healthcare, purchasing first home, etc.







Large depositors can now enjoy access to security and convenience while enjoying CD-level returns. Bank2 can provide you access to multi-million-dollar FDIC insurance through one easy-to-manage relationship with us. Gain peace of mind with the Certificate of Deposit Account Registry Service® today.


  • Access to multi-million-dollar FDIC insurance
  • One bank relationship for all CDs placed through CDARS®
  • Guaranteed rate of return
  • Flexible maturity periods available
  • Simplified funds management and tax reporting
  • Single monthly statement with detailed reporting


Everything is handled through Bank2. Your large deposit is broken into smaller amounts and placed with other banks that are members of the CDARS Network. Then, those banks issue CDs in amounts under the standard FDIC insurance maximum, so that your investment is eligible for FDIC protection. By working directly with just one bank - our bank - you can receive insurance through many.

You no longer have to manage multiple bank relationships, organize disbursements from various sources, or manually consolidate statements. Through a single banking relationship, you will reduce your administrative burden significantly, especially during tax and financial reporting seasons. CDARS creates simplicity...and a solid source of earnings.

Limits apply. Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement with us. The agreement contains important information and conditions regarding the placement of funds by us. CDARS and Certificate of Deposit Account Registry Service are registered service marks of Promontory Interfinancial Network, LLC.




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