Individual Retirement Account

Individual Retirement Account (IRA)

Custodial account established for individuals for retirement purposes, available in the form of a statement savings or a 12 to 60 month certificate of deposit.

  • Minimum deposit of $500 for CD and $50 for statement savings
  • CD carries a fixed interest rate for term; variable rate on statement savings
  • Interest compounded quarterly on CD and monthly on statement savings
  • May have tax benefits (consult your tax advisor)

“A penalty will be imposed for early withdrawal.”

  1. Transaction fee by ATM owner, other than River Community Bank, N.A. may also apply.
  2. Normal approval required.
  3. Transfer/Withdrawals from your account are limited to four per month or statement cycle.

 

 

This is a third party Web site. This link is provided solely as a convenience to you and not as an endorsement of the contents of this website by River Community Bank, N.A. River Community Bank, N.A. is not responsible for the content of linked third-party sites and does not make any representations regarding the content or accuracy of materials on such third party Web sites. If you decide to access linked third-party Web sites, you do so at your own risk. Proceed.

This is a third party Web site. This link is provided solely as a convenience to you and not as an endorsement of the contents of this website by River Community Bank, N.A. River Community Bank, N.A. is not responsible for the content of linked third-party sites and does not make any representations regarding the content or accuracy of materials on such third party Web sites. If you decide to access linked third-party Web sites, you do so at your own risk. Proceed.