IRA Accounts

It’s never too early to think about your future.

If you’re fortunate enough to be thinking about retirement, and if those plans include relaxation, hobbies and/or traveling, we offer both Roth IRAs and Traditional IRAs.

Current Rates

Effective Date: Saturday, July 20, 2024

Minimum Balance
to Earn APY
Interest RateAPY
6 Month CD Special$10,000

Additional .10% increase with $10,000 New Money to Passumpsic Bank = 5.20% APY*
4.97%5.10%
12 Month CD Special$10,000

Additional .10% increase with $10,000 New Money to Passumpsic Bank = 4.60% APY*
4.40%4.50%
18 Month CD Special$10,000

Additional .10% increase with $10,000 New Money to Passumpsic Bank = 4.35% APY*
4.17%4.25%
3-Month CD$500.15%.15%
Youth 6-Month CD$75.40%.40%
6-Month CD$500.40%.40%
12-Month CD$500.60%.60%
2-Yr CD$500.70%.70%
3-Yr CD$500.80%.80%
4-Yr CD$500.90%.90%
5-Yr CD$5001.04%1.05%
IRA/SEP Savings-Variable Rate$25.08%.08%
Disclaimer

*Annual Percentage Yield (APY) is accurate as of May 10, 2024. Commercial, Business and Personal accounts qualify. Individual Retirement Accounts included. E-statement only. The account will not earn interest below the minimum qualifying balance.

Certificates of Deposit are available as Individual Retirement Account. Deposits of $250 or more may be added during the term to all new and renewed IRA/SEP CDs. For IRAs, the minimum amount you can deposit is designated in your IRA disclosure.

A penalty may be imposed for early withdrawal of certificates of deposit, including IRAs/SEPs invested in certificates of deposit.

Annual Percentage Yield (APY) is accurate as of effective date listed above.

Certificates of Deposit are available as Individual Retirement Account. Deposits of $250 or more may be added during the term to all new and renewed IRA/SEP CDs. For IRAs, the minimum amount you can deposit is designated in your IRA disclosure.

A penalty may be imposed for early withdrawal of certificates of deposit, including IRAs/SEPs invested in certificates of deposit.

The rate may change on variable rate deposit products after the account is opened.

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Options for IRAs: