CDs & IRAs

Smart savings backed by FDIC insurance and local trust, plus the stability, service, and security you expect from your local community bank.

Certificates of Deposit (CD)

Pick the term that fits your needs and earn a higher rate of interest.1 Legend Bank CDs offer you the security of a guaranteed fixed rate and FDIC insurance.

  • Terms ranging from 6 months to 5 years
  • Minimum opening balance from $1,000 to $2,500 depending on maturity date
  • Interest payment options available
  • Automatic renewal
  • Free Legend Online and Mobile Banking

1Penalties for early withdrawal may apply. See Terms and Conditions for full details.

Individual Retirement Accounts (IRA)

The perfect way to save money for your future retirement. We have different options that offer you flexible terms, maximize tax benefits, and protect your investment with FDIC insurance.2

  • Variable terms to fit your needs
  • Minimum opening balance from $500
  • Catch-up contributions for ages 50 and over

2Certain restriction apply. Withdrawals from the account before age 59 ½ may be assessed a penalty as determined by the Internal Revenue Service.

What is covered by FDIC deposit insurance?

FDIC insurance protects depositors if an FDIC-insured bank fails. Legend Bank is an FDIC-insured institution. If you have questions about coverage for your accounts, contact us.

Note: You will be linking to another website not owned or operated by Legend Bank. Legend Bank is not responsible for the availability or content of this website and does not represent either the linked website or you, should you enter into a transaction. We encourage you to review their privacy and security policies which may differ from Legend Bank.

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Prepare for What’s Next with Our Financial Wellness Tools

Explore our Financial Wellness resources to learn how small steps in saving and planning today can lead to lasting confidence and security tomorrow—with tools, tips, and challenges designed to help you grow your financial future.