We offer three types of investments to meet your needs:
-
Ready Cash Account: This is a readily accessible demand investment that offers a competitive rate of return with no early withdrawal penalties. This investment is available to individuals, churches, and businesses.
- IRA: An Individual Retirement Account (IRA) is a personal savings plan that provides income tax advantages to individuals saving for retirement purposes. IRAs with CFR can be invested in a Ready Cash Account or Time Certificate.
Effective 1/1/2012
|
Annual Yield (APY)
|
Minimum Initial Investment
|
| Ready Cash |
2.00% (▼$100,000)
2.25% (▲$100,000) |
$5,000 |
| 6-Month Certificate |
2.30% (▼$100,000)
2.50% (▲$100,000) |
$10,000
$100,000 |
| 1-Year Certificate |
2.80% (▼$100,000)
3.00% (▲$100,000) |
$10,000
$100,000 |
| 30-Month Certificate |
4.00% |
$10,000 |
| 3-Year Certificate |
3.30% (▼$100,000)
3.50% (▲$100,000) |
$10,000
$100,000 |
| 5-Year Certificate |
4.00% (▼$100,000)
4.20% (▲$100,000) |
$10,000
$100,000 |
7-Year Certificate
|
4.25%
|
$10,000 |
| Flexible Certificate |
Negotiable% |
$250,000 |
| Pooled Income Gift Fund |
7.00% |
$10,000 |
Follow these simple steps to invest with CFR.
Ready Cash Accounts (Individuals) and Certificates
- Review the Offering Circular.
- Complete the CFR Investment Application and W-9.
- Mail the completed forms with a check payable to CFR
Ready Cash Accounts (Churches and Businesses)
- Review the Offering Circular
- Complete the Corporate Investment Application
- Complete Corporate Resolution and W-9
- Mail the completed forms with check payable to CFR
Individual Retirement Accounts (IRAs)*
- Review the Offering Circular.
- Complete the CFR Investment Application and W-9
- Mail the CFR Investment Application, W-9, and your most recent statement to CFR
- CFR will help complete the additional IRA paperwork required for transfers, rollovers, and new accounts
*Please note, if you are opening a NEW IRA, please include your initial investment made payable to Reliance Trust Company
*IRA accounts are excluded from telephone transfers
|
