Traditional IRAs

A Traditional IRA offers unique benefits to help you reach your retirement goals. With a Traditional IRA, you can benefit from possible tax-deductible* contributions and earnings that grow tax-deferred.

  • If you or your spouse are not active participants in an employer sponsored pension or profit sharing plan, your IRA contributions are 100% tax deductible.
  • If you or your spouse are active participants, your IRA contributions may still be fully or partially tax deductible depending on your income level.

*Please consult your tax advisor for retirement tax benefits.

Contribution Limits for the 2016 & 2017 Tax Year

Deadline for 2016 contributions is April 18, 2017
  • $5,500 for individuals, $11,000 for married couples
  • Catch up contributions for IRA owners 50 years or older is an additional $1,000 

Retirement Certificates of Deposit

Rates as of June 22, 2017

Certificate Term Minimum to open and earn APY Interest Rate* Annual Percentage Yield
6 Month Fixed $500 0.30% 0.30%
9 Month Fixed $500 0.40% 0.40%
12 Month Fixed $500 0.45% 0.45%
13 Month Fixed Special*** $500 1.25% 1.26%
15 Month Fixed $500 0.65% 0.65%
18 Month Fixed $500 0.50% 0.50%
19 Month Fixed**** $500 1.60% 1.61%
24 Month Fixed $500 0.65% 0.65%
25 Month Bump-Up** $500 1.40% 1.41%
36 Month Fixed $500 1.00% 1.00%
48 Month Fixed $500 1.24% 1.25%
60 Month Fixed $500 2.13% 2.15%

* Rates are subject to change without notice; fees and withdrawals could reduce earnings on accounts. Fees are subject to change. A penalty may be imposed for early withdrawal from a certificate of deposit (CD) account.
**25 Month Bump Up CD: customer initiated one-time bump-up to the then current 24 Month CD for the rest of the term. Upon maturity, CD will automatically roll into the then 24 Month CD interest rate and term.
***13 Month CD will automatically roll into the then 12 Month CD rate and term upon maturity.
****19 Month CD will automatically roll into the then 18 Month CD rate and term upon maturity.

Learn More

Call 1-800-657-3272 or visit your nearest branch to review the account best suited for your needs.