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IRAs
IRAs
All work and no IRA makes for a dull retirement.
If market fluctuations are making you queasy,
maybe it’s time for an IRA account. Competitive rates,
fixed terms and the security of
FDIC
insurance will help
to put your retirement worries to bed.
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Terms
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We offer a choice of IRA (Individual Retirement Arrangement) Certificate of Deposit terms from 3 months to 3 years. Open an IRA or rollover an existing IRA or 401(k).
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Access to Funds
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Early withdrawal penalties apply. Also, talk to your tax advisor for tax implications of the early withdrawal of an IRA CD.
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Minimum to Open
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No minimum to open
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Fees
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A $25.00 annual fee will be assessed if the account balance falls below $10,000 at any time during the term of the account or during any 12-month period, whichever is shorter. A $25.00 fee may be assessed to transfer any account balance to a rollover account.
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Ready to get started?
For current rate information on Certificates of Deposit or to open your IRA CD
call us at (805) 963-7511, or just stop by one of our convenient
branch locations.
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Wealth Management Services offer other investment options.
Read more about
Montecito Bank & Trust’s Financial Strength.