Individual Retirement Accounts

Traditional & Roth

Interest
Accrued daily and paid quarterly.

Maintenance
Withdrawal before age 59½ may result in a federal tax penalty. See your IRA Custodial Agreement. Bank-imposed penalties for early withdrawal of IRA deposits are as follows. Except for IRAs revoked within 7 days of opening, funds on deposit 90 days or less will result in a $100 penalty, and CD funds cashed before maturity will result in standard CD penalties.

  • No setup fee
  • No maintenance fee
  • Insured by FDIC up to $250,000

IRA Features

  • 90 Days to 5 Year IRA Add-On Certificate of Deposit
  • $100 minimum balance required