Certificates of Deposits (CDs)
We offer a wide range of terms on Certificates of Deposit allowing you to choose a guaranteed interest rate and terms to suit your investment needs. Special features of Carolina Bank CDs are:
- Minimum deposit of only $1,000
- Automatic renewal
- The choice is yours for Monthly, Quarterly, Semi-annually, Annually or at Maturity interest payments
Individual Retirement Account (IRA)
A tax-deferred IRA or Individual Retirement Account can help you accumulate money for your retirement while giving an immediate tax deduction for most people. At Carolina Bank, you can open a variable rate IRA with a minimum deposit $1,000 and earn Money Market rates, or open a fixed rate IRA with an initial deposit of $1,000.