Individual Retirement Accounts (IRA’s)

IRA’s are an excellent way to plan for the future and you can get started today with a minimum deposit of $100! In many cases your funds are tax deductible, and dividends earned are tax deferred.*

You can open an IRA at any time. Deposits may be made to an existing IRA for the previous year until April 15th.

We offer Traditional, Educational, SEP, Roth Conversion and Roth Accumulation IRA accounts. We currently charge no fees on IRA’s. You may withdraw funds from your IRA at any time; however, early withdrawal penalties apply.

Dividends for all IRA types are calculated by the daily balance method, which applies a daily periodic rate to the balance in the account each day. Dividends are compounded daily and paid quarterly on the last day of the quarter.

Withdrawals made before quarter end will not receive dividends.

Stop in and ask one of our knowledgeable Member Service Representatives how to begin saving for your future today!

* Consult the IRS or your tax adviser for specific guidelines.