To our customers affected by Hurricane Michael, Crescent wants to help and may have options available to assist you. Please Call us at 877-227-0141.

Individual Retirement Accounts (IRAs)

sailing into retirement

With Crescent Bank, you will make the most out of your retirement savings with an Individual Retirement Account (IRA) and receive substantial tax benefits.

Traditional and Roth IRAs

  • Minimum opening deposit: $1,000
  • Rate is fixed for term of investment
    • Automatic renewal at current market rates at maturity
  • Simple interest paid and compounded quarterly
  • No taxes on interest as money grows in account, subject to IRS rules 
  • Federal regulations require penalty for early withdrawal, which could reduce earning on the account 


TermMinimum DepositInterest RateAnnual Percentage Yield (APY)1
18 Month $1,000.00 2.72% 2.75%
24 Month $1,000.00 2.82% 2.85%
36 Month $1,000.00 2.92% 2.95%
48 Month $1,000.00 2.97% 3.00%
60 Month $1,000.00 3.31% 3.35%


1 Annual Percentage Yield effective 2/5/2019 and is subject to change at any time.


phone icon

Deposit Customer Service:
1 (877) 831-3334

Contact Us


Looking for an ATM, Branch or a Loan Production Office?

Find Nearest Location