
Eligibility:
- Account holder must have earned income (i.e. compensation, wages, salary, tips, alimony, profit from business, or profit from farming)
- Account holder must file a tax return
- Contributions can be made up to and including April 15th for the previous year
- IRA's may be directly transferred from another institution into Centera Bank
Interest Rate:
- Rate and APY may fluctuate weekly. Interest accrues from first day IRA is received. IRA funds are invested in Certificates of Deposit
Limitations:
- Must open an IRA with at least $100.00. We have an Open IRA that you can add to each month