Savings accounts, CDs, and IRAs
Whether it’s your emergency cushion, rainy day fund, or future retirement, you want savings vehicles that balance interest, risk, and access. We’ve got plenty of options — savings accounts, CDs, and IRAs — and they all come with the friendly, personal service you only get from Paragon Bank.
| Type of Savings | Minimum Daily Balance Required | Monthly Service Charge | Interest Payment | Withdrawals |
|---|---|---|---|---|
| Paragon Savings | $100 | Service charge if balance is below $100 | Monthly | 6 free per month |
| Debut Savings (Available until age 18) |
None | None | Monthly | 6 free per month |
| Affinity Money Market Savings | $1000 (or combined relationship of $5,000) | None with balance over $1,000 or combined balance of $5,000. | Monthly | 6 free pre-authorized transfers per month, 3 may be by check |
| Sterling Savings Age 50 and over |
$100 | Service charge if balance is below $100 | Monthly | 6 free per month |
| Certificates of Deposit (CDs) | Ask about our flexible terms and competitive rates. | |||
| IRAs | Ask us how to maximize your IRA investment for returns and tax savings. | |||