Andover State bank offers Certificates of Deposit (CDs) for those individuals who are interested in earning a higher interest rate for a specific period of time. Interest rates and CD terms vary – see Rates for the current schedule.

Individual Retirement Accounts (IRAs) may be invested in any term certificate or investment program (see Investment Services for details). IRAs are a tax-saving tool available to help you maximize your retirement funds. Consult your tax advisor about deductibility of contributions and other tax benefits. See Rates for the current schedule.