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||0.030%||0.030%|
|$5,000.00 - $24,999.99||$100.00||0.070%||0.070%|
|$25,000.00 and above||$100.00||0.120%||0.120%|
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.