Older couple looking at a laptop computer

IRAs


Traditional IRA
  • No penalty for distribution if you are age 59 1/2 or better
  • Required minimum distribution for anyone age 73 or better
  • Contributions to your Traditional IRA may be tax-deductible**
  • Minimum Opening Deposit is $500.00
Traditional IRA Terms Available
Roth IRA
  • Deposits must be left in for minimum of 5 years to avoid a penalty.
  • Taxes** are paid on deposits.
  • No minimum distributions are required.
  • Minimum Opening Deposit is $500.00
Roth IRA Terms Available
Coverdell Educational Savings Account
  • Educational IRAs can be opened by a custodian for anyone under the age of 18
  • Must only be used for Educational purposes
Coverdell Savings Terms Available



























3A penalty may be applied for early withdrawal. 

*APYs are accurate as of 4/1/24. Rates may change before and after an account is opened.

Fees could reduce earnings on an account. Early withdrawals may be subject to additional fees and taxes**.

You may call, Toll Free 866-680-BANK/2265, to obtain the most current rate information.

**Consult your tax advisor.

***APYs are accurate as of 4/1/24. Fees could reduce earnings on an account. Early withdrawals may be subject to additional fees and taxes**. You may call, Toll Free (866) 680-BANK/2265, to obtain the most current rate information.