What is an Individual Retirement Account (IRA)?

An IRA is a tax-advantaged* account designed to help you meet your retirement goals. A bank IRA offers a guaranteed return on your investment.

• Traditional and Roth IRA plans available.
• Fixed rates are available at the same rate and maturity term as our CD products.
• Variable rates are available.
• No minimum balance or deposit requirements.
• Annual contribution limits subject to IRS guidelines.
• Automatically renewed at maturity.

Note: Rate offerings are subject to change at any time. Early withdrawal may reduce earnings.

 

Health Savings Account

What is a Health Savings Account (HSA)?

Health Savings Accounts offer a tax-advantaged* method to pay for medical expenses and are available to those enrolled in qualified high-deductible health insurance plans.

Auburn State Bank offers competitive rates and fees on HSAs.

• $25 up-front administration fee.
• No minimum balance and no monthly fees.
• Bank will complete IRS required reporting.

Note: Rate offerings are subject to change at any time.