First Foundation Bankâ€™s Personal CD account is a solid savings account option, requiring a minimum deposit of $2,500, and there is no monthly maintenance fee associated with this account. Be sure to check your local First Foundation branch for rates and term lengths.
Along with the Personal CD account, First Foundation Bank offers a Personal IRA CD account option, allowing you to stash away cash for your retirement years. The IRA CD account has the same minimum opening deposit as the Personal CD account, and also does not have a monthly maintenance fee. As is the case for most CDs, though, you could be penalized for withdrawing your funds early.