IRA Rates
Retirement isn't what it used to be. Plan accordingly.
IRA Rates effective as of February 23, 2012
To verify current rates, please contact a customer service representative at 802-728-9611 or stop by your local RNB branch.
| Term of IRA CD | Minimum Deposit To Open | Minimum Balance To Obtain The APY | Interest Rate | Annual Percentage Yield |
|---|---|---|---|---|
| 6 - 11 mo. IRA Variable Rate (Additional deposits allowed. Interest rate may vary after account opening.) |
$10,000 $250 |
$10,000 $250 |
0.50% 0.40% |
0.50% 0.40% |
| 6 - 11 mo. IRA Fixed Rate |
$500 | $500 | 0.50% | 0.50% |
| 12 - 17 mo. IRA Variable Rate (Additional deposits allowed. Interest rate may vary after account opening.) |
$10,000 $250 |
$10,000 $250.00 |
0.75% 0.65% |
0.75% 0.65% |
| 12 - 17 mo. IRA Fixed Rate |
$10,000 $1,000 |
$10,000 $1,000 |
0.75% 0.65% |
0.75% 0.65% |
| 18 - 23 mo. IRA Fixed Rate |
$10,000 $1,000 |
$10,000 $1,000 |
0.90% |
0.90% 0.80% |
| 24 - 35 mo. IRA Fixed Rate |
$10,000 $1,000 |
$10,000 $1,000 |
1.04% 0.95% |
1.05% 0.95% |
| 36 mo. IRA Fixed Rate |
$10,000 $1,000 |
$10,000 $1,000 |
1.34% 1.24% |
1.35% 1.25% |
| *If Daily Available balance is this or more: | ||||
| *IRA Money Market (Additional Deposits Allowed. Minimum deposit to open IRA Money Market is $250) |
$20,000 $2,500 up to $2,500 |
$20,000 $2,500 Up to $2,500 |
0.50% |
0.50% 0.30% 0.25% |
- Minimum deposit to open a Coverdell Education Savings Account is $50. All above rates and terms apply for a CESA
- The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce the earnings.
- The stated interest rate on the *IRA Money Market pays on the entire balance for the corresponding tier.
- The rates and yields are accurate as of the above date. To obtain current information, please call 802-728-9611.
