Personal IRA

Personal

Banking

Achieve a Stress-Free Retirement.

State Bank of Newburg knows it’s never too early or late to plan for retirement. Our 18 mo Variable Rate IRA can help you achieve your goals of a stress-free retirement. We offer both a Traditional and Roth IRA.

ProductMinimum
Opening Balance
Interest Will Be CreditedInterest RateAnnual
Percentage
Yield (APY)
Fixed Rate or Variable Rate

3 mo Certificate
of Deposit


$1,000.00


At Maturity - under $10,000
Monthly - $10,000 or above


0.40%
0.40%


0.40%
0.40%


Fixed


6 mo Certificate
of Deposit


$1,000.00


At Maturity - under $10,000
Monthly - $10,000 or above


1.15%
1.15%


1.15%
1.16%


Fixed


12 mo Certificate
of Deposit


$500.00


At Maturity - under $10,000
Monthly - $10,000 or above


1.40%
1.40%


1.40%
1.41%


Fixed


24 mo Certificate
of Deposit


$500.00


Annually - under $10,000
Monthly - $10,000 or above


1.65%
1.65%


1.65%
1.66%


Fixed


36 mo Certificate
of Deposit


$500.00


Annually - under $10,000
Monthly - $10,000 or above


1.80%
1.80%


1.80%
1.81%


Fixed


60 mo Certificate
of Deposit


$500.00


Annually - under $10,000
Monthly - $10,000 or above


1.90%
1.90%


1.90%
1.92%


Fixed


Classic IRA
18 mo Certificate
of Deposit


$500.00


Quarterly


2.20%


2.22%


Variable

A penalty may be imposed for early withdrawal.
Annual percentage yield is accurate as of 11/6/2019.
Fees could reduce the earnings on the accounts.

Full disclosures of all products provided at time of account opening or upon request.