
Individual Retirement Accounts (IRAs)
Planning Your Retirement
An Individual Retirement Account (IRA) is a proactive approach to saving and retirement planning. Whether your interests are in college planning or retirement investing, Centier Bank offers a variety of IRAs to suit your needs. Visit your nearest Centier branch location to open a new IRA, or contact Centier's Client Service Call Center for assistance.
Fixed Rate IRA
- 1, 2, 3, 4, or 5 year Time Deposit with interest rate established weekly and guaranteed
for the term of the certificate.
- Interest on deposits will compound semi-annually.
- Minimum deposit is $500.
- Additions made in $100 minimums.
- Annual statement.
IRA Savings
- Make periodic contributions into an IRA (within the IRS guidelines) at any time.
- Transfer or rollover existing retirement funds.
- Take periodic distributions at any time.
- Combine other Centier IRA accounts into one account as they mature.
- Retirement funds are not locked into a specific timeframe.
- Liquidity of a savings account with tired rates (IRS guidelines and penalties apply).
- Earnings that can be tax deferred.
- Earn competitive interest on higher account balances with
tiered rates!
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