IRAs

Get a guaranteed return and maximize your potential tax savings with an Independence Bank IRA CD. Invest in your future with as little as $1,000 and watch your savings grow.

  • Terms from one to five years available
  • Traditional or Roth IRA


Interest: Today’s Rate 

Monthly Maintenance Fee: None

Minimum to Open: $1,000

Grace Period: 10 Days

Account subject to penalty for withdrawals made prior to maturity date or age 59 1/2.

 

IRA accounts are subject to the following fees:

  • Enrollment fee:  $10 (at account opening)
  • Annual Trustee Fee (Per Plan):  $20 (annually)
  • Distribution Fee:  $20 (at time of withdrawal)
  • Termination/Transfer Out Fee:  $20 (at time of withdrawal)

 


* APY = Annual Percentage Yield.  Rate for Certificate of Deposit is fixed for the term of the account and is based upon the opening deposit amount and term of the CD.  A penalty may be imposed for early withdrawal.  See Branch for additional information and details.