IRA Share Certificates
IRA and Coverdell Education Savings Share Certificates
Minimum Balance $1,000 or $500*
Share Certificates are available as Traditional IRA, Roth IRA, or Coverdell Education Savings Accounts (ESA’s) and offer competitive rates and friendly terms. Choose from terms of 1, 2, 3, 4, or 5 years. Dividends are calculated daily and are compounded quarterly and at maturity.
The penalties for early certificate withdrawal for certificates with terms less than 12 months is a 90-day dividend penalty, certificates 12 months and over have a 180-day dividend penalty. This penalty is in addition to any penalties and withholding requirements that may apply, in accordance with IRA/ESA regulations and IRS law.
IRA and Coverdell ESA Savings & Certificates- FAQs
*Minimum certificate balance of $500 for Coverdell ESA’s.
Related Pages: [Account Services] [Open Account] [Rates] [Savings FAQ] [Savings Calculator]