IRA'S

 

12 Month IRA

12 Month IRA with a minimum deposit of $200.00

Rate Information: This Account is an interest bearing account. The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest will be in effect for the term of the account. Interest will not be compounded on the account. Interest will be credited to the account.

Balance Information: We use the daily balance method to calculate the interest on this account. This method applies a daily period rate on the principle in the account each day. You must maintain a minimum balance of $200.00 in the account each day to obtain the disclosed annual percentage rate.

Limitations: You must deposit $200.00 to open this account. Additional deposits can be made at the time of maturity only. You may not make withdrawals from your account until the maturity date.

Time Account Information: Your account will mature in 12 Months. If you withdraw any of the principle before the maturity date, we may impose a penalty of LOSS OF 31 DAYS INTEREST UPON EARLY WITHDRAWAL. You may obtain the account with or without an automatic renewal feature. You must tell us which type of account you want before the account is opened. If you select your account to automatically renew, your account will automatically renew at maturity. You will have 10 CALENDAR DAYS after the maturity date to withdraw funds without penalty. If you do not withdraw the funds, each renewal term will be for an identical period of time as the original term. If you do not select the automatic renewal option, the account will not renew at maturity. If you do not renew the account, your funds will be placed in a non-interest account.

18 Month IRA

18 Month IRA with a minimum deposit of $200.00

Rate Information: This Account is an interest bearing account. The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest will be in effect for the term of the account. Interest will not be compounded on the account. Interest will be credited to the account.

Balance Information: We use the daily balance method to calculate the interest on this account. This method applies a daily period rate on the principle in the account each day. You must maintain a minimum balance of $200.00 in the account each day to obtain the disclosed annual percentage rate.

Limitations: You must deposit $200.00 to open this account. Additional deposits can be made at the time of maturity only. You may not make withdrawals from your account until the maturity date.

Time Account Information: Your account will mature in 12 Months. If you withdraw any of the principle before the maturity date, we may impose a penalty of LOSS OF 90 DAYS INTEREST UPON EARLY WITHDRAWAL. You may obtain the account with or without an automatic renewal feature. You must tell us which type of account you want before the account is opened. If you select your account to automatically renew, your account will automatically renew at maturity. You will have 10 CALENDAR DAYS after the maturity date to withdraw funds without penalty. If you do not withdraw the funds, each renewal term will be for an identical period of time as the original term. If you do not select the automatic renewal option, the account will not renew at maturity. If you do not renew the account, your funds will be placed in a non-interest account.

24 Month IRA

24 Month IRA with a minimum deposit of $200.00

Rate Information: This Account is an interest bearing account. The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest will be in effect for the term of the account. Interest will not be compounded on the account. Interest will be credited to the account.

Balance Information: We use the daily balance method to calculate the interest on this account. This method applies a daily period rate on the principle in the account each day. You must maintain a minimum balance of $200.00 in the account each day to obtain the disclosed annual percentage rate.

Limitations: You must deposit $200.00 to open this account. Additional deposits can be made at the time of maturity only. You may not make withdrawals from your account until the maturity date.

Time Account Information: Your account will mature in 24 Months. If you withdraw any of the principle before the maturity date, we may impose a penalty of LOSS OF 90 DAYS INTEREST UPON EARLY WITHDRAWAL. You may obtain the account with or without an automatic renewal feature. You must tell us which type of account you want before the account is opened. If you select your account to automatically renew, your account will automatically renew at maturity. You will have 10 CALENDAR DAYS after the maturity date to withdraw funds without penalty. If you do not withdraw the funds, each renewal term will be for an identical period of time as the original term. If you do not select the automatic renewal option, the account will not renew at maturity. If you do not renew the account, your funds will be placed in a non-interest account.

36 Month IRA

36 Month IRA with a minimum deposit of $200.00

Rate Information: This Account is an interest bearing account. The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest will be in effect for the term of the account. Interest will not be compounded on the account. Interest will be credited to the account.

Balance Information: We use the daily balance method to calculate the interest on this account. This method applies a daily period rate on the principle in the account each day. You must maintain a minimum balance of $200.00 in the account each day to obtain the disclosed annual percentage rate.

Limitations: You must deposit $200.00 to open this account. Additional deposits can be made at the time of maturity only. You may not make withdrawals from your account until the maturity date.

Time Account Information: Your account will mature in 12 Months. If you withdraw any of the principle before the maturity date, we may impose a penalty of LOSS OF 90 DAYS INTEREST UPON EARLY WITHDRAWAL. You may obtain the account with or without an automatic renewal feature. You must tell us which type of account you want before the account is opened. If you select your account to automatically renew, your account will automatically renew at maturity. You will have 10 CALENDAR DAYS after the maturity date to withdraw funds without penalty. If you do not withdraw the funds, each renewal term will be for an identical period of time as the original term. If you do not select the automatic renewal option, the account will not renew at maturity. If you do not renew the account, your funds will be placed in a non-interest account.

48 Month IRA

48 Month IRA with a minimum deposit of $200.00

Rate Information: This Account is an interest bearing account. The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest will be in effect for the term of the account. Interest will not be compounded on the account. Interest will be credited to the account.

Balance Information: We use the daily balance method to calculate the interest on this account. This method applies a daily period rate on the principle in the account each day. You must maintain a minimum balance of $200.00 in the account each day to obtain the disclosed annual percentage rate.

Limitations: You must deposit $200.00 to open this account. Additional deposits can be made at the time of maturity only. You may not make withdrawals from your account until the maturity date.

Time Account Information: Your account will mature in 12 Months. If you withdraw any of the principle before the maturity date, we may impose a penalty of LOSS OF 90 DAYS INTEREST UPON EARLY WITHDRAWAL. You may obtain the account with or without an automatic renewal feature. You must tell us which type of account you want before the account is opened. If you select your account to automatically renew, your account will automatically renew at maturity. You will have 10 CALENDAR DAYS after the maturity date to withdraw funds without penalty. If you do not withdraw the funds, each renewal term will be for an identical period of time as the original term. If you do not select the automatic renewal option, the account will not renew at maturity. If you do not renew the account, your funds will be placed in a non-interest account.

60 Month IRA

60 Month IRA with a minimum deposit of $200.00

Rate Information: This Account is an interest bearing account. The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest will be in effect for the term of the account. Interest will not be compounded on the account. Interest will be credited to the account.

Balance Information: We use the daily balance method to calculate the interest on this account. This method applies a daily period rate on the principle in the account each day. You must maintain a minimum balance of $200.00 in the account each day to obtain the disclosed annual percentage rate.

Limitations: You must deposit $200.00 to open this account. Additional deposits can be made at the time of maturity only. You may not make withdrawals from your account until the maturity date.

Time Account Information: Your account will mature in 12 Months. If you withdraw any of the principle before the maturity date, we may impose a penalty of LOSS OF 90 DAYS INTEREST UPON EARLY WITHDRAWAL. You may obtain the account with or without an automatic renewal feature. You must tell us which type of account you want before the account is opened. If you select your account to automatically renew, your account will automatically renew at maturity. You will have 10 CALENDAR DAYS after the maturity date to withdraw funds without penalty. If you do not withdraw the funds, each renewal term will be for an identical period of time as the original term. If you do not select the automatic renewal option, the account will not renew at maturity. If you do not renew the account, your funds will be placed in a non-interest account.

IRA Savings

Rate Information: This Account is an interest bearing account. The interest rate and annual percentage yield are included in the rate chart. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on this account at any time. Interest begins to accrue the business day you deposit any non-cash item (for example, checks). Interest will be compounded quarterly and will be credited to the account quarterly.

Balance Information: We use the daily balance method to calculate the interest on this account. This method applies a daily period rate on the principle in the account each day. You must maintain a minimum balance of $500.00 in the account each day to obtain the disclosed annual percentage rate.

Limitations: You must deposit $500.00 to open this account. You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at ATM are unlimited