Individual Retirement Account (IRA)
Suitable for individuals not already enrolled in a qualified retirement plan.

Account Features
  • Contributions grow tax-free until withdrawn (after age 59 1/2).
  • When withdrawn, taxes are paid on both principal
     and interest, but generally at a lower rate than during
     working years.
  • You may choose from a 24-month fixed rate or an
     18-month variable rate account.
  • Variable rate accounts also allow for periodic deposits.
  • Your IRA may be accessed from your Online
     Banking account.
  • Free 24-Hour Telephone Banking access.
  • FDIC Insured up to $250,000.

Deposit And Balance Requirements
  • Minimum Opening Deposit: Varies by product.

Interest Rates
  • Click here for current interest rates.

Monthly Service Fees
  • No service fees to purchase.

Related Services
  • Online Banking¹
  • PowerPay Online Bill Payment¹
  • 24-Hour Telephone Banking
  • Automated Teller Machines (ATM's)
  • Personal Savings Account
  • Electronic Wire Transfers
  • Safe Deposit Boxes

Important Information    1.  Sign-up and activation required for Online Banking and PowerPay. •  Federal regulations apply to all IRA's; some restrictions apply. There may be a substantial penalty for early withdrawal.  Individual retirement needs vary greatly.  Consultation with a tax advisor to select the IRA that is right for you is highly recommended. •  Account subject to a $25 charge if the account closes within ninety (90) days of opening.  •  IRA deposits are insured up to $250,000 by the FDIC.