Traditional IRA

Individual Retirement Accounts (IRAs) are available at Pacific Crest Savings Bank. Traditional IRAs offer tax-deductible retirement savings under certain conditions and the interest earned is tax deferred until it is withdrawn. Early withdrawal may result in a penalty; your tax advisor should be contacted for further details.

Account Details

$2,000 minimum initial deposit
No monthly or annual account fees
Earn high interest rates
Interest is compounded daily and paid to the account monthly
Tax deductible retirement savings under certain conditions
Penalties for early withdrawal apply
Terms are available from 3 months to 5 years
Rates are fixed for the term of the IRA
IRAs will automatically renew unless you contact us for withdrawal
Free access to online banking
Pacific Crest Savings Bank does not provide, nor accept, cash
Contact a banking specialist for more information