INDIVIDUAL RETIREMENT ACCOUNT (IRA)
Build your retirement nest-egg with an Individual Retirement Account from Classic Bank.
We offer competitive rates and you may be able to enjoy possible tax advantages while your investment grows. Make investment easy and automatic with an IRA.
- Summary
- Competitive rates
- $1,000 minimum to open
- 12 to 18 month accounts, at fixed rate
- Automatically renewed unless you request otherwise
- Penalties imposed for early withdrawals
Interest can be reinvested into CDs, added to a demand deposit account with our bank or by check. CDs automatically renew unless requested otherwise.
