Individual Retirement Accounts
An Individual Retirement Account (IRA) at Peoples First is a great way to save for your retirement years. If you are ready to start saving for retirement, we have a plan just for you. With variable and fixed rate accounts available, any IRA Plan can be tailored to your personal income and retirement needs. Certain Federal Restrictions apply to Individual Retirement Accounts (IRAs). Please refer to the individual IRA pages for details.
Variable Savings and Fixed Rate Certificates of Deposit IRAs
Peoples First offers variable savings and fixed rate certificates of deposit for Traditional, Simplified Employee Pension (SEP), ROTH and Education IRA Plans. Interest is compounded daily and no annual service charge. And unlike most banks, we'll provide you with a quarterly account statement detailing all your transactions for the period.
Savings IRA
Interest Rates Effective As Of: 05/01/2008| Interest Rate | APY |
| 1.00% | 1.00% |
- No monthly service charges
- Interest Bearing
- Multiple Deposits available each year
- Available with all IRA Plans
- Eligible for IRA Plan
- $25 minimum to open
Certificate of Deposit IRA
Interest Rates Effective As Of: April 1, 2008| Standard Certificate Terms | Minimum Balance to Open | Interest Rate | APY |
| 6 Month Certificate | $1,000.00 | 2.72% | 2.75% |
| 1 Year Certificate | $1,000.00 | 2.96% | 3.00% |
| 18 Month Certificate | $1,000.00 | 2.96% | 3.00% |
| 2 Year Certificate | $1,000.00 | 2.96% | 3.00% |
| 3 Year Certificate | $1,000.00 | 2.96% | 3.00% |
| 4 Year Certificate | $1,000.00 | 3.20% | 3.25% |
| 5 Year Certificate | $1,000.00 | 3.20% | 3.25% |
- Please specify that you saw these rates on the internet or existing published rates will apply.
- These rates also apply to IRA's opened through CDs.
- Please consult a new accounts representative for more detailed information on account disclosures, rates, annual yields and fees
- Rates are set by management and are subject to change without notice.
