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Traditional IRA Accounts

Description:

  • This account allows you to save tax deferred for your retirement.

Requirements:

  • Minimum balance to open account is $25.00.
  • Minimum balance to receive the annual percentage yield disclosed is $0.01.

Benefits:

  • Save for your retirement tax deferred.
  • Earnings grow faster with tax deferred status.
  • You may be eligible for a tax deduction for your deposit. Consult your tax professional.
  • You can select your maturity. Choose from next day (IRA Savings) to a five year certificate of deposit.

Cost:

  • No annual fees on these accounts.
  • No service charges on these accounts.
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