Traditional IRA

Investment options included a 1-, 2-, 3-, and 4-year fixed rate or a 2- or 4-year rate variable rate. All account types require a $500 minimum balance to open and obtain the Annual Percentage Yield (APY). Interest is paid monthly and is adjusted on the 1st of each month for variable rate products. Interest rate protection is further enhanced with a special Flex Option, enabling the account holder to switch from a fixed to a variable rate, or vice versa, during the term of deposit without extending the maturity date.

Both the interest rate and APY are updated daily and reflect today's date. An early withdrawal penalty may invade principal.

  Minimum Balance Interest Rate APY*
2 Year Variable $500 0.25% 0.25%
4 Year Variable $500 0.45% 0.45%
1 Year Fixed $500 0.25% 0.25%
2 Year Fixed $500 0.40% 0.40%
3 Year Fixed $500 0.55% 0.55%
4 Year Fixed $500 0.60% 0.60%


Current Deposit Rates

See the rates for our interest-bearing accounts.