Individual Retirement Accounts
If you want to save long term for retirement and want the added benefit of tax-deferred or tax-free savings, 5Star Bank and AFBA 5Star Funds both offer Traditional IRA and Roth IRA accounts.
An IRA is a quality investment choice for long-term planning, providing you with options for periodic contributions of money that best fit your goals.
With long-term planning and consistent contributions to the fund, your IRA can grow over time to provide financial security for you and your family upon retirement.
Savings Accounts
A secure, accessible location to earn interest on your money is a key component of any financial program.
Our zero-minimum balance 5Star Bank savings account allows you to start earning interest for as little as $100. And, to ensure the security of your savings account, our deposits are insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000.
Money Market Accounts
A money market account is a good option for saving if you want to receive a higher interest rate than a checking account, with limited check writing privileges, but still want to receive all the benefits of a savings account.
5Star Bank's money market accounts offer competitive rates and access to your money when you need it.
Certificates of Deposit
If you prefer saving your money long term with a guaranteed return, 5Star Bank Certificates of Deposit offer increasingly better interest rates based on the best term for you. Your CD interest is guaranteed for the term of the CD regardless of changing market conditions so you know your money will grow without constant supervision.
View your CD online, track earnings, and request quarterly statements. Interest is compounded daily and credited monthly. At CD maturity, the principal or interest can be rolled over into a new CD or transferred to another 5Star Bank product for convenience and flexibility. The choice is up to you.