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IRA  

Consult your tax advisor regarding eligibility for an IRA.

Features/Benefits:
- Traditional, Roth and Education IRAs are available.
- Available in one-month to five-year maturities.
- Automatically renewable at maturity.
- Interest is compounded quarterly.
- Choose between a fixed-rate IRA or one of these variable options:
 
- 1-Year Prime Rate IRA – a variable-rate IRA tied to the prime rate. Your rate changes as the prime rate changes.
- 18-Month Excel-R-Rate IRA, which allows raising the interest rate one time during the first 18-month term to the current 18-Month Excel-R-Rate.
- 36-Month Excel-R-Rate IRA, which allows raising the interest rate two times during the first 36-month term to the current 36-Month Excel-R-Rate.
- Call today for current rates.
- Deposit minimums are:
 
- 1-Month Fixed Rate IRA – $5,000.
- 3-Month to 60-Month Fixed Rate and Excel-R-Rate – $500.
- 1-Year Prime Rate IRA – $2,500.
- Additional deposits can be made to the 1-Year Prime Rate IRA.
- The minimum additional deposit is $500.
 
Costs:

Substantial penalty for early withdrawal.
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