Individual Retirement Accounts (IRAs)
Take the guess work out of investing and place your IRA into our 18-month Certificate of Deposit and earn a guaranteed fixed rate! We have three different IRAs for you to choose from!
- Coverdell Education Savings Account (Education IRA)
- Traditional IRA
- Roth IRA
18-month certificate of deposit with a variable rate effective on the first day of each calendar quarter equal to the 26-week U.S. Government Security Treasury Bill Discount Auction Rate plus or minus a margin established from time to time by the Bank. Early withdrawal penalties may apply, as described below.
| Account |
Min to Open |
Min to earn APY |
Interest Rate |
APY |
| Traditional, ROTH and Education IRAs |
$250.00 |
$250.00 |
1.72% |
1.73% |
You may also be interested in our Certificates of Deposit (CDs).
"APY" stands for "Annual Percentage Yield"
Penalties for early withdrawal will be an amount equal to the greater of: (1) the current Institution rate minus the certificate rate times the remaining number of days to maturity times the amount withdrawn, or (2) a number of days interest on the amount withdrawn, as applicable (all interest earned on accounts with an original maturity of 91 days or less; 90 days interest on accounts with an original maturity from 92 days through one year; or 182 days interest on accounts with an original maturity of more than one year).