Individual Retirement Accounts
|
Account Type |
|
Interest Rate |
Minimum
to Open |
Minimum to
earn APY |
|
|
Money Market IRA |
--- |
--- |
$250 |
$1 |
|
|
2 Year Variable Rate CD** |
--- |
--- |
$500 |
$1 |
|
|
|
1 Year to 5 Year CDs {Same rates as standard CD products above $1,000} |
|
|
 |
* APY – Annual Percentage Yield
** The interest rate is based on the 182 day T-Bill Auction rate plus a margin of ¼% and may change the first day of each calendar quarter. The interest rate for the 182 day T-Bill is 3.46% as of 11/19/2007.
Penalty for early withdrawal. Each IRA depositor insured up to $250,000. Maximum deposit limit $500,000 per customer.
