IRAs

An Individual Retirement Account is an effective tool to save for the future. We have both Traditional and Roth IRAs to help you with your retirement needs. No minimum balance required. Rates for these accounts are simple interest and subject to adjustment every 6 months. If you have a qualified retirement plan that you need to convert into an IRA, contact us about our IRA accounts.

Traditional

  • No minimum opening deposit
  • Contributions may be tax deductible
  • Pay no taxes until money is withdrawn
  • Must have earned income

Roth

  • No minimum opening deposit
  • Distributions may not be taxable
  • Must have earned income