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Home > Deposit Products > IRA & Retirement Accounts

IRA / Retirement Accounts

IRA Information

The IRA Service Center has all of the information you need about the various types of IRA's, the rules you need to know and the forms that allow you to open an IRA on-line. Check out the IRA rates in effect now.

Want to meet with one of our representatives in person? No problem! Just schedule an appointment.

Other Retirement Options

Want to see the magic of compounding?

Contributions to your IRA can be made with eligible compensation (generally earned income) equal to or greater than the annual IRA contribution amount. There is a 10% IRS penalty for withdrawals under the age of 59 1/2, but no penalty for withdrawals made over the age of 59 1/2. IRA dollars can also be rolled over from certain retirement funds. Be sure to consult with us if you wish to roll other retirement funds into an account. Not everyone will benefit the same from an IRA: Be sure to consult your tax advisor on your specific case. Be sure that you understand how an IRA may impact your future plans for retirement and current tax situation.

Need some additional answers on retirement planning? Contact representatives Peter Schmidt or Jonathon Dekker at 989-249-8220, or 1-800-227-2328 extension 8220.

IRA Rates
Effective Date: Friday, March 5th, 2021
Account InformationInterest RateAPY
IRA Accounts* 0.399% 0.400%
Explanation of Rates & Service Charges
* $5.00 minimum balance requires to open account and earn stated APY.

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If you are having issues using this website, please call 1-800-227-2328 for assistance.