Skip to content


Do yourself a favor and start saving for your retirement today. We’ll help you choose the best plan to reach your goals.

Key Features

  • Competitive Dividends
  • No Setup or Maintenance Fees


Make the most of your retirement savings by contributing the maximum yearly limit to your IRAs. For the 2023 tax year, you can contribute an aggregate amount of $6,500 to Traditional or Roth IRAs. If you are over age 50, you can contribute an additional $1,000 “catchup” contribution. Please visit your local branch to make your IRA contribution in advance of the tax filing deadline. IRA contributions for 2023 can be made until the tax filing deadline on April 18, 2023. Please consult your tax advisor or financial advisor with questions about your specific tax circumstances.

*Contribution amounts for future tax years are subject to change.


  • No minimum deposit to open
  • $500 minimum deposit to open IRA CD
  • Competitive dividends above standard savings rates
  • Traditional and Roth IRA options
  • No setup fees
  • No monthly or annual maintenance fees
  • $6,500 contribution limit per year
  • Additional $1,000 "catch-up" contribution allowed for ages 50+
  • Funds can be used to purchase CDs within IRA

When do you want to enjoy your tax advantage? A traditional IRA provides potential tax relief today, while a Roth IRA has the potential for the most tax benefit at the time of retirement.

Traditional IRA

  • No income limits to open
  • No minimum dollar amount contribution requirement
  • No age limit on making contributions as long as you have earned income
  • Contributions are tax-deductible on state and federal income tax1
  • Earnings are tax-deferred until withdrawal
  • Withdrawals can begin at age 59½
  • Early withdrawals subject to penalty2
  • Mandatory withdrawals:
    • If you reached the age of 72 prior to or in 2023
    • If you reach age 73 in 2023 or later you must take your first RMD by April 1 of the year after your reach the age of 73
  • Contributions cannot exceed what has been earned in a current year
  • Required Minimum Distribution (RMD) has to be withdrawn annually by 12/31 to avoid a 25% penalty from the IRS

Roth IRA

  • Income limits to be eligible to open Roth IRA3
  • Contributions are NOT tax-deductible
  • Earnings are 100% tax-free at withdrawal1
  • Principal contributions can be withdrawn without penalty after five years1
  • Withdrawals on interest can begin at age 59½4
  • Early withdrawals on interest subject to penalty2
  • No mandatory distribution ages
  • No age limit on making contributions as long as you have earned income

1Subject to some minimal conditions. Consult a tax advisor.

2Certain exceptions apply, such as healthcare, purchasing a first home, etc.

3Consult a tax advisor.

4In sum, if distributions are taken from ROTH IRA earrings before meeting the five-year rule and before age 59½, be prepared to pay income taxes and a 10% penalty on your earnings. For regular account-owners, the five-year rule applies only to ROTH IRA earnings and to funds converted from a traditional IRA.

To open an account or become a member please visit one of our 16 branch locations.
All locations can be found here.

Find out what's happening here

News & Events