Prudent Retirement Planning
Money Market IRAs
ICB’s individual retirement account (IRA) money market is a flexible way to save for retirement. The IRA money market is a tiered, interest-bearing account you can open with as little as $100. Interest is compounded daily and credited monthly to your account. There are no minimum balance or monthly service charges. Make deposits anytime from anywhere. In addition to visiting a branch, you can make deposits to your account quickly and easily through payroll deduction, online banking and mobile banking.
Investors IRA Money Market 2
| Balance | Minimum Opening Deposit | Interest Rate | APY* |
|---|---|---|---|
| $0.00 - $4,999.99 | $100.00 | 0.050% | 0.050% |
| $5,000.00 - $24,999.99 | $100.00 | 0.100% | 0.100% |
| $25,000.00 and above | $100.00 | 0.200% | 0.200% |
Certificate of Deposit IRAs
When you change jobs or consolidate accounts at one bank, there’s often a need to roll over funds from other, larger IRAs. That’s where our IRA certificate of deposit comes in. This plan offers a fixed interest rate; however, additional deposits are not allowed until maturity. The minimum balance to open is $5,000.
For more information about our IRAs, talk to a personal banker at a location nearest you.