Investing in Tomorrow
If you’re looking for a better return on your investment over a longer period of time, a CD or IRA could be the answer. These are low-risk investment options that offer higher interest rates while you save for future plans such as retirement or your children’s education.
View our interest rates here.
Certificates of Deposit (CDs)
Whether you’re saving for a special purpose or simply seeking a secure, FDIC-insured investment, our CDs can be tailored to your needs. We offer a wide range of terms and competitive rates.
Call or visit for more information.
Individual Retirement Accounts (IRAs)
We can help you set up an IRA at an attractive rate.
- Traditional IRA – generally, deposits and earnings are not taxed until they are distributed at retirement
- Roth IRA – contributions are not tax-deductible but withdrawals are made tax-free if conditions are met
- Simplified Employee Pension Plan (SEP) – a type of traditional IRA for small business owners and self-employed individuals
- Coverdell Education Savings Account – tax-advantaged savings for college and certain elementary and secondary school expenses
Drawing on the experience and resources of Wealth Management at Lumbee Guaranty Bank, you can get the help you need to achieve your investment objectives, from building and preserving wealth to sheltering your assets from taxes. We can tailor investment and retirement plans to fit your goals, lifestyle and risk tolerance.