Individual Retirement Account

Prepare for the future.

SSB can increase your retirement saving potential with an IRA.

Individual Retirement Accounts (IRAs)

 

Our IRA line of products includes Traditional and Roth IRAs. These accounts are available in a variety of terms and interest rates.

 

Features:

  • There is no charge to set up your IRA.
  • Contributions may be tax deductible and growth could be tax-deferred.
  • Maximum IRA Savings deposit is $1,000.
  • Contact us to open an account today!

IRAs Rate

Description APY* Interest Rate
Quarterly Compounding
Substantial penalty for early withdrawal
Minimum of $1,000 to open
12 Month 0.25% 0.25%
30 Month 0.50% 0.50%
48 Month 0.60% 0.60%

Rates are current as of March 11, 2024.

*APY = Annual Percentage Yield

IRA Statement Savings Rate

Description APY* Interest Rate
Quarterly compounding
$50.00 minimum to open
0.02% 0.02%

These are variable rate products. The rate may change after account is opened. Applicable fees may reduce earnings.

Rates are current as of March 11, 2024.

*APY = Annual Percentage Yield

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