CDs
Planning for your financial future is an important step. Jackson Savings Bank, SSB provides competitive interest rates on a range of CD and IRA options to help you save effectively. Reach out to us for current rates or visit us to open an account and start working towards your financial goals today.
Types of CDs
6 - 12 - 18 - 24 month
Our competitive interest rates allow you to earn money while saving at the same time. Jackson Savings Bank, SSB offers a variety of CD terms to meet your savings needs. Contact us for our current rates or visit us today to start saving. The minimum balance to open a CD account is $500.00.
IRA (18 month CD)
With a minimum opening balance of $500.00, our 18 month IRA – Certificate of Deposit account will help you save money for your future. Contact us for our current rates or visit one of our IRA specialists for further information.
FAQs
What types of home loans does Jackson Savings Bank offer?
Jackson Savings Bank offers a variety of home loan options, including competitive fixed and adjustable rate mortgages. We provide up to 90% financing for traditional homes, modular homes, and other types of manufactured housing. We also offer specialized financing for rural properties and VA loans for eligible veterans.
Can I get financing for a modular or manufactured home?
Yes, we finance modular homes and manufactured housing just like traditional site-built houses. We offer up to 90% financing for existing modular homes and 80% financing for construction loans. Additionally, we provide 25-year adjustable rate loans for manufactured homes with a fixed rate for the first 5 years.
What are USDA loans, and how can I apply for one?
USDA loans are designed for homes in rural areas as defined by the U.S. Department of Agriculture. These loans typically do not require a down payment and offer fixed interest rates. Contact us for more details on eligibility and application procedures.
What benefits do VA loans offer?
VA loans are available to eligible veterans and offer benefits such as no down payment, no mortgage insurance requirements, and generally lower credit score requirements. These loans are guaranteed by the U.S. Department of Veterans Affairs, providing additional security and favorable terms.
What should I know about adjustable rate mortgages?
Our adjustable rate mortgages feature competitive rates and provide up to 90% financing. These loans come with fixed rates for an initial period (e.g., 5 years) and adjust annually thereafter. They can offer lower initial rates compared to fixed-rate loans, potentially saving you money in the early years.
