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: Sunday, June 4, 2023
| Minimum Balance to Earn APY | Interest Rate | APY | |
|---|---|---|---|
| 6 Month CD Special | $10,000 Additional .10% increase with $10,000 New Money to Passumpsic Bank = 4.10% APY** | 3.92% | 4.00% |
| 12 Month CD Special | $10,000 Additional .10% increase with $10,000 New Money to Passumpsic Bank = 4.10% APY** | 3.92% | 4.00% |
| 18 Month CD Special | $10,000 Additional .10% increase with $10,000 New Money to Passumpsic Bank = 4.10% APY** | 3.92% | 4.00% |
| 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 | $500 | 1.04% | 1.05% |
| IRA/SEP Savings-Variable Rate | $25 | .08% | .08% |
**Annual Percentage Yield is accurate as of March 1, 2023. Only Personal accounts are allowed. Business or non-personal accounts are NOT eligible. Individual Retirement Accounts included. E-statement only. A penalty may be imposed for early withdrawal.
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.
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.