Individual Retirement
Accounts (IRAs)
Secure Your Future
It is never too early in your career to start savings for your retirement with a tax advantaged IRA. We offer both Money Market and CD funded IRAs with high rates and the peace of mind that comes with knowing your retirement funds are FDIC insured – up to $250,000. Plus, do you have a retirement plan you want to roll into something more secure? We would be happy to establish a retirement plan for you and give you the peace of mind you deserve!
We also have a full
line of educational IRAs that can help you save for college.
Contact Customer Care
at 1-800-339-6573 for information on opening an IRA, or visit one of
our banking offices.
IRA Money Market (2)
Account
Minimum Deposit
Interest Rate
APY*
IRA Money Market - $10,000 and Over
3.69%
3.75%
IRA Money Market - $5,000 to $9,999.99
3.69%
3.75%
IRA Money Market - $1,000 to $4,999.99
3.69%
3.75%
IRA Money Market - Under $1,000
$25
3.69%
3.75%
IRA Fixed Rate
Certificates (1)
Term
Minimum Deposit
Interest Rate
APY*
1 Year
$500
1.49%
1.50%
2 Years
$500
1.74%
1.75%
3 Years
$500
1.98%
2.00%
5 Years
$500
2.47%
2.50%
* Annual Percentage Yield (APY). The total of your retirement accounts are insured up to $250,000.
(1) Substantial penalty for
withdrawals prior to maturity. Fees may reduce earnings. A Kennebunk Savings Personal checking account, like free Buzz Checking, is required for preferred rates.
(2) Variable Rate Account; interest rate and annual percentage yield
may change at any time. Fees may reduce earnings. Consult your tax advisor on tax advantages. Maximum $1,000,000 per person. Retail accounts only in York and Cumberland County Maine, and Rockingham and Strafford County NH.
Please see our current Service
Pricing Schedule and Deposit
Account Agreement for additional terms and fees that may apply.
Interest is compounded monthly, 365/365, and credited monthly on all
accounts listed above. Please note, rates are subject to change.
Please call 1-800-339-6573 for the most current rates.
