Individual Retirement Account (IRA)

When it comes to retirement, it's never too little and never too late.

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Traditional IRA

Contributions are tax-deferred. If you expect your tax rate during retirement to be lower than it is today or if you want to reduce taxable income now, this option may be a better fit for you.

Account Summary

Contribute $7,000 if you're under age 50 / $8,000 if you're age 50 or older¹
Contributions may be tax-deductible if you meet certain conditions¹
Withdraw funds without penalty beginning at age 59½. Withdraw before 59½ at 10 percent penalty (plus possible bank fees), with certain exceptions¹
Distributions must begin by April 1st of the year following the year you reach age 73²
Anyone who has earned income is eligible²
Traditional IRAs can generally be converted to Roth IRAs, although tax consequences may apply¹

Contact a Branch

View Deposit Agreement

Roth IRA

Contributions are made after you are taxed, so you won't pay taxes when making qualified distributions. If you expect to have a higher tax rate at retirement, this option may be a better fit for you.

Account Summary

Contribute $7,000 if you're under age 50 / $8,000 if you're age 50 or older¹
Contributions are not tax-deductible¹
Funds can be withdrawn without penalty once you reach the age of 59½, or before that subject to a 10 percent penalty unless exceptions apply¹
No requirement to take a minimum distribution at age 73²
Anyone with earned income is eligible
Roth IRAs cannot be converted to Traditional IRAs¹

Contact a Branch

View Deposit Agreement

Retirement Account Rates

Base IRA Rates
Relationship IRA Rates
Premier IRA Rates

Retirement Accounts - Base Rates

Annual Percentage Yield (APY) accurate as of {base-ira-rates-date}*

Account Type	Interest Rate	APY
91 Day	{base-ira-rates-rate_91-day}	{base-ira-rates-apy_91-day}
6 Month	{base-ira-rates-rate_6-month}	{base-ira-rates-apy_6-month}
9 Month	{base-ira-rates-rate_9-month}	{base-ira-rates-apy_9-month}
12 Month	{base-ira-rates-rate_12-month}	{base-ira-rates-apy_12-month}
15 Month	{base-ira-rates-rate_15-month}	{base-ira-rates-apy_15-month}
18 Month	{base-ira-rates-rate_18-month}	{base-ira-rates-apy_18-month}
18 Month Jump Up**	{base-ira-rates-rate_18-month-jump}	{base-ira-rates-apy_18-month-jump}
21 Month No Worry	{base-ira-rates-rate_21-month}	{base-ira-rates-apy_21-month}
24 Month	{base-ira-rates-rate_24-month}	{base-ira-rates-apy_24-month}
30 Month	{base-ira-rates-rate_30-month}	{base-ira-rates-apy_30-month}
36 Month	{base-ira-rates-rate_36-month}	{base-ira-rates-apy_36-month}
48 Month	{base-ira-rates-rate_48-month}	{base-ira-rates-apy_48-month}
60 Month	{base-ira-rates-rate_60-month}	{base-ira-rates-apy_60-month}

*Deposit rates may change daily. Fees may reduce earnings.
**The 18 Month Jump Up IRA is a variable rate account.
No checking relationship required.
Minimum Deposit to Open: $500

Retirement Accounts - Relationship Rates

Annual Percentage Yield (APY) accurate as of {relationship-ira-rates-date}*

Account Type	Interest Rate	APY
91 Day	{relationship-ira-rates-rate_91-day}	{relationship-ira-rates-apy_91-day}
6 Month	{relationship-ira-rates-rate_6-month}	{relationship-ira-rates-apy_6-month}
9 Month	{relationship-ira-rates-rate_9-month}	{relationship-ira-rates-apy_9-month}
12 Month	{relationship-ira-rates-rate_12-month}	{relationship-ira-rates-apy_12-month}
15 Month	{relationship-ira-rates-rate_15-month}	{relationship-ira-rates-apy_15-month}
18 Month	{relationship-ira-rates-rate_18-month}	{relationship-ira-rates-apy_18-month}
18 Month Jump Up**	{relationship-ira-rates-rate_18-month-jump}	{relationship-ira-rates-apy_18-month-jump}
21 Month No Worry	{relationship-ira-rates-rate_21-month}	{relationship-ira-rates-apy_21-month}
24 Month	{relationship-ira-rates-rate_24-month}	{relationship-ira-rates-apy_24-month}
30 Month	{relationship-ira-rates-rate_30-month}	{relationship-ira-rates-apy_30-month}
36 Month	{relationship-ira-rates-rate_36-month}	{relationship-ira-rates-apy_36-month}
48 Month	{relationship-ira-rates-rate_48-month}	{relationship-ira-rates-apy_48-month}
60 Month	{relationship-ira-rates-rate_60-month}	{relationship-ira-rates-apy_60-month}

*Deposit rates may change daily. Fees may reduce earnings.
**The 18 Month Jump Up IRA is a variable rate account.
Requires a Free Checking or Access Debit Account relationship.
Minimum Deposit to Open: $500

Retirement Accounts - Premier Rates

Annual Percentage Yield (APY) accurate as of {premier-ira-rates-date}*

Account Type	Interest Rate	APY
91 Day	{premier-ira-rates-rate_91-day}	{premier-ira-rates-apy_91-day}
6 Month	{premier-ira-rates-rate_6-month}	{premier-ira-rates-apy_6-month}
9 Month	{premier-ira-rates-rate_9-month}	{premier-ira-rates-apy_9-month}
12 Month	{premier-ira-rates-rate_12-month}	{premier-ira-rates-apy_12-month}
15 Month	{premier-ira-rates-rate_15-month}	{premier-ira-rates-apy_15-month}
18 Month	{premier-ira-rates-rate_18-month}	{premier-ira-rates-apy_18-month}
18 Month Jump Up**	{premier-ira-rates-rate_18-month-jump}	{premier-ira-rates-apy_18-month-jump}
21 Month No Worry	{premier-ira-rates-rate_21-month}	{premier-ira-rates-apy_21-month}
24 Month	{premier-ira-rates-rate_24-month}	{premier-ira-rates-apy_24-month}
30 Month	{premier-ira-rates-rate_30-month}	{premier-ira-rates-apy_30-month}
36 Month	{premier-ira-rates-rate_36-month}	{premier-ira-rates-apy_36-month}
48 Month	{premier-ira-rates-rate_48-month}	{premier-ira-rates-apy_48-month}
60 Month	{premier-ira-rates-rate_60-month}	{premier-ira-rates-apy_60-month}

*Deposit rates may change daily. Fees may reduce earnings.
**The 18 Month Jump Up IRA is a variable rate account.
Requires a Premier Checking or Employee Checking relationship.
Minimum Deposit to Open: $500

Contact a Branch

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Savings Account

Savings Account Saving for the short term? Learn about our savings account options and let your money grow while still having access to it.

Learn More

View Deposit Agreement (PDF)

¹ Certain qualifications and exceptions apply. Consult your tax advisor for more information.

² Effective for customers turning 72 after December 31. 2022.

Traditional IRA

Account Summary

Roth IRA

Account Summary

Retirement Account Rates

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