Locally Owned & Controlled
Community Bank, Serving the Community Since 1926


Individual Retirement Accounts (IRA)
 

Smart retirement planning begins early!  That's because living the American Dream after retirement takes more than modest means.  And, the chances are good that many who are working today won't have enough in government or pension support to carry them through later.

First National Bank in Mahnomen wants to help you plan for those golden years -- easily, conveniently, and regularly.  We've discovered that those who begin retirement funding early and contribute on a regular basis are in the best position to enjoy many years of worry-free retirement.  

Our retirement plans offer you a way to set aside a portion of your earnings especially for the future.  And, they offer a great opportunity to multiply your assets over the years.  We can help you chose the method that best suits your needs as well as your investment style.

An IRA is a tax sheltered savings program for your future security.

Fixed Rate IRA

A minimum required deposit of $500.00 can be made at any time during the calendar year.  Each deposit can mature from 12 to 60 months, and the rate at the time of deposit is guaranteed for the period.  This plan is for people who prefer to make a single deposit.

Each depositor's IRA is insured up to $250,000 in addition to $100,000 insurance on other accounts.

No fees or additional charges.

However you choose to save, remember to begin planning as early as possible.

 

First National Bank in Mahnomen, PO Box 378, 103 North Main St., Mahnomen MN 56557
Phone: 218-935-5251    Toll-free: 1-877-935-5251    24-Hour TeleBanc: 1-800-933-5814
Fax: 218-935-2794

First National Bank is an Equal Housing Lender.  
Member FDIC.