Individual Retirement Accounts (IRA)IRA

An individual Retirement Account is a perfect way to plan for a financially secure retirement. You can elect to open an IRA that allows you to make either a lump sum annual contribution or to make periodic contributions throughout the year.

  • No minimum deposit to open a Certificate of Deposit IRA
  • Maturity terms available from 6 months to 5 years
  • Standard CD early withdrawal penalties may apply

Types of Individual Retirement Accounts:

  • Traditional
  • Roth
  • Coverdell Education Savings Account (CESA)
  • Simplified Employee Pension (SEP)