Online Banking Login Security Statement

Individual Retirement Accounts

A traditional tax-deferred IRA can help you accumulate money for your retirement while giving you an immediate tax deduction. The Roth IRA is another option. The original investment is not deductible but all future earnings are tax free. You may choose from a variety of IRA investments.

  • IRA Certificates of Deposit

    Choices are listed in the Certificate of Deposit section.
  • Consumer IRA Savings Account

Rate Information-At our discretion, we may change the interest rate for this account. Contact Customer Service to obtain current rate information. The interest rate and annual percentage yield may change at any time.
Compounding frequency-Interest will be compounded quarterly.
Crediting frequency-Interest will be credited into this account quarterly.
Daily balance computation method-Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
Accrual of interest on noncash deposits-Interest will begin to accrue on the business day you deposit noncash items (for example, checks) into your account.
Minimum balance to open - The minimum balance required to open this account is $100.00.
Deposit limitations- You may make an unlimited number of deposits into your account.
Limitations on frequency of transfers – During any calendar month, you may not make more than six withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, or by check, draft, debit card or similar order to a third party. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to closure by the financial institution.

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