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Variable Passbook IRA

     
 

$100.00 Opening Deposit 

 

Maximum deposits per year are based on the current IRS guidelines

  Interest compounds semiannually
  Rate is subject to change monthly
  $35.00 penalty if the account is closed within six months of opening, plus IRS penalties
  Transfer to Successor Custodian $20.00
  $10.00 annual maintenance is waived if:
    1) depositing a minimum of $100.00 per year or
    2) carrying a total balance of at least $25,000 in all IRA's held with us
FDIC insured
35 Month IRA C.O.D.

 

  $1,000 Opening Deposit
  Maximum opening deposits are based on current IRS guidelines
   Interest compounds semiannually
  Rate is fixed for each 35 month term
  6 month interest penalty if a withdrawal is made before maturity, plus IRS penalties
  $10.00 annual maintenance fee can be avoided by carrying at least $25,000 in all IRA's held with us
FDIC insured
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