Individual Retirement Accounts
Effective Date: Saturday, July 4, 2015
|Interest Rate||APY*||Minimum to Open|
|1 Year||0.80%||0.80%||$500||How to Open|
|1 Year Variable**||0.80%||0.80%||$500||How to Open|
|18 Months||0.90%||0.90%||$500||How to Open|
|2 Years||0.95%||0.95%||$500||How to Open|
|3 Years||1.05%||1.05%||$500||How to Open|
|4 Years||1.30%||1.31%||$500||How to Open|
|5 Years||1.55%||1.56%||$500||How to Open|
*APY = Annual Percentage Yield.
** Variable IRA interest rate may change monthly after the account is opened.
Note: These rates may change at any time without prior notice.
For IRAs, the interest rate is fixed for the term. A penalty is imposed for early withdrawal. Fees could reduce earnings on the account.
These IRAs automatically renew. Contact Investment Department for public funds, longer term or quote above $100,000.