Regular Savings
Money Market Accounts
Certificates of Deposit
Retirement Planning & IRAs
Bank Online
North Shore Bank of Commerce
PersonalBusinessInvestments & TrustMortgages

Home
Find It
Tools & Calculators
Branches & ATMs
Customer Service
May 13, 2008

Contact a Personal Banker

Retirement Planning & IRAs
 
Today's Deposit Rates


Are you saving enough for Retirement? Use our retirement planning calculators to help answer that question and then chose the IRA type that best meets your retirement savings needs.

A Traditional IRA may provide you with up to a $2000 annual tax deductible contribution. A Roth IRA gives you deferred growth on your non-deductible contribution but your qualified withdrawals may be tax free. Educational IRA's allow you to contribute up to $500 per year per child for higher education needs with tax free earnings and qualified withdrawals free from federal income tax.

  • Fixed Rate IRA's give you benefits of a fixed interest rate over a fixed period of time.
  • Variable Rate IRA's give you the flexibility of scheduling your contributions over time. The perfect fit for payroll deductions. Rate may change weekly.

Rates Effective Through May 15, 2008

TODAY'S IRA RATES

IRA Fixed Rate CD

Term
Minimum Balance
Rate
APY*
18 Months $500 2.48% 2.50%

IRA Variable Rate Savings

Term
Minimum Balance
Rate
APY*
0 Years $100 0.70% 0.70%

Other IRA options

You can open an IRA or rollover IRA funds using any of our current Certificate of Deposit options. See Today's Deposit Rates for other CD offers.

  • Time certificates compound quarterly
  • Federal regulations require substantial penalties for early withdrawal, including substantial tax penalties on tax deferred instruments

*Annual Percentage Yield (APY)

Back to the top

Member FDIC

 

About Us | Privacy | Security     Copyright 2000 North Shore Bank of Commerce