IRAs

Flexible and affordable.

IRA Savings Accounts

This program pays monthly dividends without monthly or annual maintenance fees, and no minimum balance is required. IRS restrictions may apply.

Roth and Educational IRA Savings Accounts are also available.

IRA Savings Account Rates

Effective January 1, 2025
IRA Share Account
Dividend rate0.50%
Annual percentage yield0.50%
Dividends compoundedMonthly
Dividends creditedMonthly
Dividend periodMonthly
Minimum opening depositNone
Average daily balance tiers level required for each rateNone
Minimum balance to receive dividendNone
Balance methodDaily balance

IRA Share Certificates

  • With a minimum deposit of $1,000 you may open an IRA Share Certificate Account and earn quarterly dividends
  • 1, 2, and 3 year terms are available. Early withdrawal penalties and IRS restrictions may apply
  • Roth and Educational IRA Share Certificate Accounts are also available
  • After your Share Certificate Account is opened, your rate is fixed for the term.
  • Dividends will be forfeited if accounts are closed before dividends are posted.

IRA Share Certificate Rates

Effective January 1, 2025
Term (%) FixedDividend rateAnnual percentage yield
6 monthNot applicableNot applicable
1 year1.95%1.97%
2 year2.10%2.12%
3 year2.59%2.62%

IRA Share Certificate Details

IRA Share Certificate Accounts*:Details 
Minimum opening balance$1,000.00 
Dividends compoundedQuarterly 
Dividends creditedQuarterly 
Dividend periodQuarterly 
Additional depositsNot allowed
WithdrawalsDividends only