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Choose Traditional or Roth

We offer a traditional IRA Option as well as a Roth option for both Savings and Certificates of Deposit (CD).

IRA Savings

Ideal for those who want a fee free account with no minimums or requirements.

Interest compounded daily

FDIC Insured

$250 initial deposit

IRA Certificate of Deposit (CD)

Ideal for those who want a fee free account with no minimums or requirements.

Interest compounded daily

FDIC Insured

$1,000 initial deposit

Our Rates

Don't settle for meager interest rates. Our evolved banking model allows us to offer better rates and reduced fees for customers.

MINIMUM DEPOSIT APY1,2 RATE
$250 0.20% 0.20%
Term APY3,4 Rate
12 Month 0.20% 0.20%
18 Month 0.20% 0.20%
36 Month 0.20% 0.20%

Compare a Traditional IRA Account to a Roth IRA Account

TRADITIONAL IRA

A traditional IRA may make sense if you:


  • Are eligible for a Traditional IRA deduction
  • Are not eligible to contribute to a Roth IRA
  • Anticipate a HIGHER tax rate while saving
  • Anticipate a LOWER tax rate during retirement
  • Are not concerned about tax implications
  • Plan to withdraw at least the required minimum distribution amounts during retirement
ROTH IRA

A Roth IRA may make sense if you:


  • Are not eligible for a Traditional IRA deduction
  • Are not eligible to contribute to traditional IRA due to age limit
  • Anticipate a LOWER tax rate while saving
  • Anticipate a HIGHER tax rate during retirement
  • Are concerned with tax implications to beneficiaries

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