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Certificates of Deposit & Individual Retirement Accounts

Certificates of Deposit
Mount Vernon Bank offers fixed rate Certificates of Deposit that are insured by the FDIC up to the maximum allowed by law. We will mail the interest in a check to you or deposit the interest in an account that you designate.  

  • Earns interest for selected time period
  • Simple or compounded interest
  • Automatically Renewable
  • Penalty for early withdrawal

Individual Retirement Accounts

  • Traditional IRA
  • Roth IRA
  • Simplified Employee Pension Plan (Sep IRA)
  • Simple IRA (salary deferral plan for employers with 100 or fewer employees)