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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


1.30%
1.30%


1.31%
1.31%


Fixed


6 mo Certificate
of Deposit


$1,000.00


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


1.40%
1.40%


1.40%
1.41%


Fixed


12 mo Certificate
of Deposit


$500.00


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


1.80%
1.80%


1.80%
1.81%


Fixed


24 mo Certificate
of Deposit


$500.00


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


2.10%
2.10%


2.10%
2.12%


Fixed


36 mo Certificate
of Deposit


$500.00


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


2.45%
2.45%


2.45%
2.48%


Fixed


60 mo Certificate
of Deposit


$500.00


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


2.85%
2.85%


2.85%
2.89%


Fixed


Classic IRA
(not available for new accts)


$500.00


Quarterly


2.00%


2.02%


Variable


18 mo Variable
Rate IRA


$500.00


Quarterly


2.25%


2.27%


Variable

A penalty may be imposed for early withdrawal.
Annual percentage yield is accurate as of 8/13/2018.
Fees could reduce the earnings on the accounts.

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