Individual Retirement Account

Prepare for the future.

SSB can increase your retirement saving potential with an IRA.

Individual Retirement Accounts (IRAs)

 

Our IRA line of products includes Traditional and Roth IRAs. These accounts are available in a variety of terms and interest rates.

 

Features:

  • There is no charge to set up your IRA.
  • No minimum balance required on IRA savings
  • Contributions may be tax deductible and growth could be tax-deferred.
  • This savings account is available to everyone under the age of 70½ who earns income.
  • Maximum IRA Savings deposit is $1,000.
  • Contact us to open an account today!

IRAs Rate

Description APY* Interest Rate
Quarterly Compounding
Substantial penalty for early withdrawal.
12 Month 0.50% 0.50%
30 Month 1.76% 1.75%
48 Month 2.52% 2.50%

Rates are current as of April 16, 2019.

*APY = Annual Percentage Yield

IRA Statement Savings Rate

Description APY* Interest Rate
Quarterly compounding
$50.00 minimum to open
0.03% 0.03%

These are variable rate products. The rate may change after account is opened. Applicable fees may reduce earnings.

Rates are current as of April 16, 2019.

*APY = Annual Percentage Yield

Self-Directed IRA Savings Rate

Description APY* Interest Rate
Quarterly compounding
$50.00 minimum to open
0.03% 0.03%

These are variable rate products. The rate may change after account is opened. Applicable fees may reduce earnings.

*APY = Annual Percentage Yield

Looking for a Business Savings Account?

Savings Account that gives your business the benefits it needs.

Business Savings Accounts