IRA Statement Savings Account
Minimum Balance Required to Open Account | $25.00 |
Minimum Balance required to Obtain Disclosed Annual Percentage Yield | $100.00 (Daily) |
Compounding Frequency | Daily |
Rate Information | Variable |
Minimum Additions | $25.00 |
Withdrawals | at 59 1/2 otherwise 10% penalty |
Overdraft Protection Available | No |
Our Current Rates: | RATES OF INTEREST AS OF 10/2/2012 |
Interest Rate | APY* | |
---|---|---|
$100 - $2,499 | 0.20% | 0.20% |
$2,500 - $9,999 | 0.25% | 0.25% |
$10,000 - $24,999 | 0.30% | 0.30% |
$25,000 & Up | 0.35% | 0.35% |
Transaction Limitations - You are permitted or authorized to make no more than (six) 6 transfers and/or withdrawals per statement cycle by means of preauthorized or automatic transfer by telephone, including fax, or with the bank's, home or internet service. If you exceed transaction limitations, there will be a $35.00 fee charged per incident.
Annual Percentage Yield (APY) is effective as of October 2, 2012. Interest rates subject to change without notice. Fees could reduce earnings. All accounts are variable rate; the interest rate may change after the account is opened.
If you wish to open an account, please visit your nearest branch office.
Questions? Contact Us!