IRAs
All interest rates are effective as of February 3, 2012.
| Individual Retirement Accounts (IRAs) | Minimum Deposit to Open | Interest Rate | Annual Percentage Yield (APY) | Minimum Balance Required to Earn APY | Compound Method |
| SPECIALS | |||||
| *13 Month CD | $1,000.00 | 0.80% | 0.80% | $1,000.00 | Quarterly |
| *25 Month CD | $1,000.00 | 1.00% | 1.00% | $1,000.00 | Quarterly |
| IRA Money Market Instrument | $25.00 | 0.10% | 0.10% | $25.00 | Quarterly |
| **IRA Flex Account | $500.00 | 0.30% | 0.30% | $500.00 | Quarterly |
| 6-Month CD | $500.00 | 0.15% | 0.15% | $500.00 | Quarterly |
| 12-Month CD | $500.00 | 0.25% | 0.25% | $500.00 | Quarterly |
| 18-Month CD | $500.00 | 0.30% | 0.30% | $500.00 | Quarterly |
| 24-Month CD | $500.00 | 0.40% | 0.40% | $500.00 | Quarterly |
| 30-Month CD | $500.00 | 0.40% | 0.40% | $500.00 | Quarterly |
| 36-Month CD | $500.00 | 0.65% | 0.65% | $500.00 | Quarterly |
| 48-Month CD | $500.00 | 0.85% | 0.85% | $500.00 | Quarterly |
| 60-Month CD | $500.00 | 1.10% | 1.10% | $500.00 | Quarterly |
Annual percentage yields (APY) are accurate as of the effective date above. There is a penalty for early withdrawal. This offer may be modified or discontinued without notice. *13-Month Special: A new or existing checking account is required to open the certificate of deposit. Additional deposits of at least $1,000 may be made at anytime during the initial term. The maximum deposit is $250,000 per depositor. *25-Month Special: Additional deposits of at least $1,000 may be made at anytime during the initial term. The maximum deposit is $500,000 per depositor.
**The IRA Flex Account will mature 18 months after it is opened. Unlimited deposits may be made to the account. The minimum deposit amount is $25.00.
The IRA Money Market Instrument and The IRA Flex Account are variable rate accounts. At the Bank’s discretion, interest rates and annual percentage yields may change at any time without notice. Fees may reduce earnings on these accounts. For more information, please call 717.334.3161 or toll free 1.888.334.2262.
Click here for our calculators.
Equal Housing Lender. Member FDIC.