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It’s never too early to start saving for retirement. By putting money into an IRA now, you’ll get a leg up on building the future you’ve always dreamed of.


  • Tax-advantaged* retirement savings
  • Competitive rates above standard savings rates
  • Traditional and Roth IRA options available
  • No setup fees
  • No monthly or annual maintenance fees
  • Annual contribution limits apply (see current contribution limits)
  • Additional "catch-up" contribution allowed for ages 50+
  • Open a certificate of deposit within your IRA account
  • $2,000 minimum deposit to open

Traditional and Roth IRAs each offer distinct tax advantages* to accelerate your savings on the road to retirement. Compare both IRAs below and consult a tax advisor to decide which coincides with your retirement plans.

Traditional IRA

  • No income limits to open
  • No minimum contribution in any year
  • Contributions are tax deductible on state and federal income tax*
  • Earnings are tax deferred until withdrawal (when usually in lower tax bracket)
  • Withdrawals can begin at age 59½
  • Early withdrawals subject to penalty**
  • Mandatory withdrawals at age 70½

Roth IRA

  • Income limits to be eligible to open Roth IRA
  • Contributions are NOT tax deductible
  • Earnings are 100% tax FREE at withdrawal*
  • Principal contributions can be withdrawn without penalty*
  • Withdrawals on interest can begin at age 59½
  • Early withdrawals on interest subject to penalty**
  • No mandatory distribution age
  • No age limit on making contributions as long as you have earned income

*Subject to some minimal conditions. Consult a tax advisor.

**Certain exceptions apply, such as healthcare, purchasing first home, etc.