Individual Retirement Account (IRA)
An Individual Retirement Account (IRA) helps you save for retirement and may be tax deductible.
You may withdraw beginning at age 59 ½ (a penalty is assessed for early withdrawal). Also, your IRA savings are tax-deferred until withdrawal.
| Money Market | First Choice | Kid's Club | Super Star | Certificates of Deposit | IRA | Holiday Savings | |
|---|---|---|---|---|---|---|---|
| Opening Balance | $100 | $100 | $25 | $25 | $1,000 | $100 | $25 |
| Balance To Avoid Service Charges | $2,500 | $100 | -0- | -0- | Possible Penalty For Early Withrawal | Possible Penalty For Early Withrawal | $10 fee for each emergency withdrawal prior to statement date |
| Free Withdrawals per Month | 6 | 3 | 3 | 3 | Withdrawals Subject To Penalty | Withdrawals Subject To Penalty | $10 fee for each emergency withdrawal prior to statement date. |
*For a full disclosure of all account fees and minimum balance requirements, please refer to the Truth in Savings disclosure available from our Banking Service Representatives.
*Mobile Banking is free with all accounts above.