A Certificate of Deposit (CD) is one of the most secure investment instruments available; a guaranteed rate for a fixed term. Our CDs have maturity periods ranging from 3 months to 4 years. With competitive rates and a variety of terms, you have the ability to choose the certificate that makes the most sense for you.  We are always happy to answer any questions you may have.  Please inquire with a Retail Specialist for details and terms.

Islanders Bank has the following Personal CD and IRA offerings:


  • The Consumers Deal – 6 month or 12 month term with minimum opening deposit of $500
  • Traditional Certificates of Deposit – 3 month to 4 year term with minimum opening deposit of $2,500
  • Coverdell Education Savings Accounts (CESA)

  • Traditional Certificates of Deposit (CD) – 3 month to 4 year term with minimum opening deposit of $2,500
Individual Retirement Accounts (IRA)
Islanders Bank offers Traditional, Roth, and SEP Individual Retirement Accounts (IRA) with a variety of terms.  Prior to opening your IRA account, consult your financial planner to determine which IRA is best suited for your retirement needs.

Penalty may be imposed for early withdrawal. Fees could reduce the earnings on the above
listed accounts. Consult an Islanders Bank Retail Specialist for current rates and details.