IRA's
Individual Retirement Account (IRA)
• May be used for all types of IRA's including Roth, Traditional, Educational, and more
• $1,000.00 minimum deposit to open
• Terms: one year and two years
• Fixed competitive rates of interest
• Statements at maturity
• Automatic renewal for the same term at the prevailing interest rate
• Federal regulations require substantial penalty for early withdrawal. Terms over one year, penalty is six (6) months interest.