Valerie, David, and Dr. Christian Long

IRAs

No matter your age, it is important to start saving for your retirement. An Individual Retirement Account (IRA) is a great way to accumulate tax-advantaged deposits and earnings for your retirement. We offer Traditional or Roth IRAs, as well as Simplified Employee Pension Plans (SEP), and Savings Incentive Match Plan for Employees (SIMPLE).

 
  IRA Money Market Account (1)(2) 18-Month Variable Rate IRA CD (1)(2) 36-Month IRA CD (1)
Minimum to Open

$100

$100

$500

Contributions

May be made any time, provided they meet IRS eligibility requirements.

May be made any time, provided they meet IRS eligibility requirements.

No contributions permitted.

Distributions

No bank penalty assessed on distributions.

Distributions prior to maturity may result in bank penalty of 90 days' interest on the amount distributed. 

Distributions prior to maturity may result in bank penalty of 180 days' interest on the amount distributed. 

Penalties

IRS penalty may apply on nonqualified distributions.

IRS penalty may apply on nonqualified distributions.

IRS penalty may apply on nonqualified distributions.

Annual Percentage Yield (APY)

$0 - $19,999.99
$20,000+

0.30%
0.35%

0.75%

1.20%

Interest

Rate can vary and is compounded and credited monthly.

Rate can vary and is compounded and credited monthly.

Fixed interest rate is paid until maturity and the rate of return is guaranteed for the term of the Certificate.  Interest is compounded and credited semi-annually.


To view all deposit rates, click here.


Other IRA CDs
Other IRA CDs are available at the terms and early withdrawal penalties of regular CDs.


IRA Mutual Funds and Annuities
These IRA investments are available through Kish Financial Solutions.  Contact a Registered Representative for more information.


For more information about IRAs, visit the IRS’s website.

 

(1) Rates effective as of 08/03/17. Fees could reduce earnings on the account; early withdrawal penalties may be imposed for early withdrawal.
(2) Rates may change after the account is open.

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