Individual Retirement Accounts (IRA’s)
IRA Savings (Traditional & Roth)
Your annual contribution may be deductible, giving you a tax break while you are working.
- Open your account with as little as $25.00
- You can add to your account at anytime by making contributions in person, mail, payroll deduction, automatic payment transfer ACH periodic deposits. Subject to IRS limitations.
- Can be rolled into a traditional IRA Certificate once balance reaches $1,000.
- No monthly or yearly maintenance fees.
- Early withdrawal fees may apply
Coverdell Educational Savings Account
- Open your account with as little as $25
- You can add to your account at anytime by making contributions in person, mail, payroll deduction, automatic payment transfer, ACH periodic deposits. Subject to IRS limitations.
- Contributions can only be made for individuals under the age of 18.
- May be used penalty-free for qualified educational expenses. Subject to IRS limitations.
- No monthly or yearly maintenance fees
- Can be rolled into a Coverdell Educational Certificate once balance reaches $1,000
Traditional & Roth Term Certificates
- To open an IRA Term Certificate, all you need is a minimum of $1,000.
- Great investment alternative
- You can rollover from a Share IRA once you get to $1,000, transfer from another institution, or rollover from a qualified retirement plan.
- No monthly or yearly maintenance fees
- Dividends are compounded monthly and credited monthly
- Early withdrawal fees may apply
Coverdell Educational Term Certificate
- To open a Coverdell Educational Term Certificate all you need is a minimum of $1,000
- You can rollover from a Coverdell Educational Savings Account once you get to $1,000 or transfer from another institution
- No monthly or yearly maintenance fees
- Contributions can only be made for individuals under the age of 18. Subject to IRS limitations.
- Early withdrawal fees may apply
Apply Online Open An Account