An individual retirement account (IRA) can offer tax-deferred growth and even tax savings when used under qualifying circumstances.

You can invest your IRA in a FDIC-insured Premier Money Market IRA account or a Certificate of Deposit. Choose from Traditional, Roth, and SEP IRA plans. Plus, we offer Coverdell Education Savings accounts to help cover the costs of higher education.

Premier Money Market IRA Daily Rates

Minimum Balance Annual
Percentage Yield
$25 to $9,999 .40% 
$10,000 - $24,999 .60% 
$25,000 - $49,999 .70% 
$50,000 - $99,999 .80% 
$100,000 - $249,999 1.00% 
$250,000 and up 1.51% 

Annual Percentage Yield (APY) is accurate as of Sep 19, 2018. The rate may change after the account is opened. Fees charged to the account could reduce the earnings on the account. If the account is closed before accrued interest is credited, you will receive the accrued interest.

FDIC-insured up to the maximum allowed by law.

What You Need to Know

You must deposit $1,000 to open this account. 

A total of six (6) withdrawals are allowed per month or statement cycle. Debit cards, ATM cards, or checks are not available because IRS regulations require withdrawals to be properly coded for IRS reporting requirements. 

A minimum balance fee of $10.00 will be imposed every month or statement period if the balance in the account falls below $1,000 on any day of the month or statement period. 

You will have view or inquiry only access to both online and mobile banking.  An account statement will be provided monthly.  You are limited per the IRS regulation regarding contributions based on age, income, and other factors.  Early or premature withdrawals from an IRA may be subject to a 10% early withdrawal tax from the IRS.

The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).  Interest will be compounded monthly and will be credited to the account monthly. 

If you use mobile banking to access your account, message and data rates charged by your mobile carrier may apply.


Certificate of Deposit IRA Daily Rates

Term Minimum
Opening Balance
Percentage Yield
30 Day $500 .45% 
91 Day $500 .50% 
182 Day $500 .60% 
9 Month $500 .70% 
12 Month $500 2.12% 
13 Month $500 1.81% 
15 Month $500 2.07% 
18 Month $500 2.12% 
19 Month $500 2.22% 
24 Month $500 2.68% 
30 Month $500 2.73% 
36 Month $500 2.83% 
48 Month $500 2.93% 
60 Month $500 3.03% 

1 A penalty may be imposed for early withdrawal. The Annual Percentage Yield (APY) shown is accurate as of Sep 19, 2018. CD rates are subject to change at any time and are not guaranteed until CD is opened. Fees charged to the account could reduce earnings on the account.

2 Penalty amounts apply to all new CDs/IRAs opened or renewed after September 2015.

FDIC-insured up to the maximum allowed by law

What You Need to Know

A fixed rate of interest is earned on the entire balance.

A minimum opening balance of $500 is required to obtain the disclosed annual percentage yield.1

There are penalties for withdrawing funds before the set term. The amount depends on the length of the account term.2

  • 7 - 91 Days: 60 days loss of interest
  • 92 - 182 Days: 182 days loss of interest
  • 183 - <60 Months: 1 year loss of interest
  • 60 Months: 2 years loss of interest

This account can be used to invest your IRA or ESA.

For Certificates issued for Individual Retirement Accounts (IRA) or Education Savings Account (ESA), the interest is compounded and credited quarterly for investment terms 12-months or longer, shorter term pays at maturity. Interest may be withdrawn by IRA holders 59 1/2 or older by transfer to an internal account or ACH to another bank, monthly, quarterly, semi-annual or annually. Interest may be withdrawn by check semi-annually, annually or at maturity, whichever comes first.

Retirement Distributions from any Individual Retirement Account may begin upon permanent disability or death without incurring an early withdrawal penalty. Additional documentation is required.