Withdrawal of interest will reduce earnings. Withdrawal before maturity may be subject to penalty under law and may result in loss of principal to you. Specific terms and conditions of each IRA are disclosed under individual IRA contracts. Certificate terms and interest rates are quoted at time of opening. Interest credited quarterly.
Interest paid is based on ledger balances.
We may change the interest rate on your account at anytime which will effect the Annual Percentage Yield. A.P.Y is determined based on the current rate and minimum deposit required to open account. Withdrawal of interest will reduce earnings. Certificate rate fixed for term of contract. Certificate IRA account types are the same as regular certificates of deposit shown above.