Individual Retirement Accounts (IRAs)

We offer several IRA (Individual Retirement Accounts) options at competitive rates.
(Consult your tax advisor to determine which option is available and most beneficial for you.)

Traditional IRA

You choose the one that best fits your financial situation.

• Club IRA - An IRA in which tax may be deferred.  The Club IRA requires a minimum of $5.00 to establish.
• Traditional IRA Share Certificate - Available with the same terms as Share Certificates with a minimum of $1000.00. Share Certificate IRAs are offered for terms from 6 months to 5 years.
  • Automatically renewed at maturity.
  • Dividends are paid monthly.
    

Roth IRA
A non-tax deductible IRA that features tax-free withdrawals after a 5 year holding period in certain circumstances.

• Requires a $500.00 deposit to establish this type of IRA.
• Roth IRA Share  Club and Share Certificate are available
• Dividends earned monthly.

Educational IRA
A non-tax deductible IRA that features tax-free withdrawals for children's college expenses.

• Requires a $500.00 deposit to establish this type of IRA.
• Dividends earned monthly.