Andover Bank offers four types
of personal checking accounts.
Our Savings Accounts are a convenient
way to save, and we still offer Christmas Clubs that pay interest!
Certificates of deposit are
a great way to put your money to work with flexible terms and low
minimum deposits.
Andover Bank offers Traditional
and Roth Individual Retirement Accounts (IRA's) as well as the Coverdell
Education Savings account. IRA plans follow all Federal and IRS
regulations.
Health Savings Accounts provide customers the
opportunity to save, tax free, for qualified medical expenses for individuals
that have a High Deductible Health Plan (HDHP). Distributions are tax free as
long as used for qualified medical expenses including health insurance deductibles,
co-payments, certain over-the-counter medications and out-of-pocket expenses.
Money not disbursed in the current year will stay in account and can be used for
future medical expenses.
Our knowledgeable account representatives
will help you choose the account that is right for you. Contact
us today by phone at 440-293-7605 or e-mail us at personal.accounts@andoverbankohio.com.