Individual Retirement Account
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.”
- Transaction fee by ATM owner, other than River Community Bank, N.A. may also apply.
- Normal approval required.
- Transfer/Withdrawals from your account are limited to four per month or statement cycle.
We are confident in our systems ability to protect all transactions; however, this is not an invitation for people to attempt unauthorized access to the system. This is a private computing system that is restricted to authorized individuals. Actual or attempted unauthorized use of this computer system will result in criminal and/or civil prosecution. We reserve the right to view, monitor and record activity on the system without notice or permission. Any information obtained by monitoring, reviewing or recording is subject to review by law enforcement organizations in connection with the investigation or prosecutions of possible criminal activity on the system. If you are not an authorized user of this system, or do not consent to continuous monitoring, exit the system at this time by clicking the close box in upper the upper left. Otherwise, continue to Enroll in Online Banking
