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IRAs
Minimum Opening Deposit |
$500 |
Interest Computation Method |
Daily Balance |
Interest Compounded & Credited |
Monthly |
Period of Time for Fixed Rate |
Term of the Deposit |
| Statement Period |
Annually |
Features:
* 10-Day Grace Period
* Automatically Renewable
* Flexible Terms
* Secure Investment
* No Market Fluctuations
* FDIC Insured
Interest accrues from date of deposit. On fixed rate deposits, you will be notified as to rate change prior to each renewal. The only variable rate deposit is the 18 Months Variable, in which the interest rate and Annual Percentage Yield may change at any time at our discretion. Additional deposits on IRAs are permitted only on 18 Months Variable.
If you close your account before interest is credited, you will receive the accrued interest. Early withdrawal penalties will apply. For more detailed information on account disclosures, rates, terms, and fees, please consult a Customer Service Representative.
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