Secure Your Future
Dearborn Federal Savings Bank offers an attractive selection of Traditional IRA certificate of deposit accounts that will help you acheive financial security during your retirement years. There are a variety of investment terms that will provide an excellent way for you to plan and reach your retirement goals.
- $250 minimum opening deposit for 1 to 10 year investment terms; $100 minimum opening deposit for both fixed and variable rate 18 month investment terms
- Guaranteed fixed rates of interest (excluding variable rate account)
- Eligible to receive roll-over contributions from other qualified plans, such as employer sponsored 401K plans
- Automatic renewal for the same term at maturity
- Withdrawals from the account prior to the maturity date are subject to an early withdrawal penalty and possible IRS penalties
Terms Available
18
Month Variable Rate IRA
18
Month Fixed Rate IRA
1
Year IRA
2
Year IRA
3
Year IRA
5
Year IRA
7
Year IRA
10
Year IRA
The Interest Rate and Annual Percentage Yield may change after account opening. Fees could reduce earnings on the account. All accounts are insured by the FDIC to the maximum amounts allowed by law based on account ownership.