Individual Retirement Accounts (IRAs)
Plan for retirement with several types of IRAs.
Individual Retirement Accounts (IRAs) were created to encourage individuals to save and supplement their retirement savings. To help choose the account that’s right for you, contact a representative at The First today.
FDIC insurance is $250,000 per individual. Details on deposit coverage »
Statement Savings | Money Market Savings | Kids First Savings | Holiday | Special Purpose | IRA | |
|---|---|---|---|---|---|---|
| Earns Interest | ||||||
| **ATM Card | ||||||
| Minimum Balance to Open | $1.00 | $1.00 | $1.00 | $5.00 | $5.00 | $25.00 |
| Minimum Balance to Earn Interest | $100.00 | $2,500.00 | $50.00 | $5.00 | $5.00 | $25.00 |
| Free Online Banking | ||||||
| Interest Paid | Monthly | Monthly | Credited Monthly | Yearly | At end of Term | Monthly |
| Fees | **$1.00 per month per card | |||||
| Service Charge if Below Minimum | $3.00 if minimum balance is not maintained. | $5.00 if minimum balance is not maintained. Allowed 6 Transfers per month. | ||||
| Open Online | Open Online | Learn More | Open Online | Open Online | Learn More |