An Individual Retirement Account (IRA) can be an effective financial tool to save for retirement. We offer Traditional and Roth IRAs with a minimum opening balance of $1000. The terms range from one year to five years.

(Roth &Traditional)

TermDividendAPYMin. Balance
12 months0.01%0.01%$1,000
24 months0.02%0.02%$1,000
36 months0.03%0.03%$1,000
48 months0.04%0.04%$1,000
60 months0.05%0.05%$1,000

Effective 5/17/2021.
$30 account closing fee.  90 day penalty for early withdrawal if less than 12 months.  If greater than 12 months, 180 day penalty.  Rates are subject to change and restrictions apply.
APY is Annual Percentage Yield.