Individual Retirement Accounts (IRAs) The Cecilian Bank

With the number of COVID-19 cases on the rise, The Cecilian Bank wants to do its part to slow down the spread of the virus. Therefore, The Cecilian Bank is temporarily providing all lobby services by appointment only and directing all banking transactions to drive-thru service only until further notice. The following services will be made available in banking centers with a scheduled appointment: New Account Openings, Loan Requests, Safe Deposit Box Visits, Certificate of Deposit (CD) Renewals, and Instant Issue Debit Cards. All other transactions will take place in our drive-thru during regular business hours.

Individual Retirement Accounts (IRAs)

Type of Account/Term

Minimum Opening Balance

Minimum Daily Balance to Obtain APY 1

Compounding Frequency

Interest Rate

APY
^{1, 2}

Fixed 3 mo.

$100

Quarterly

0.05%

Fixed 12 mo.

$100

Quarterly

0.75%

Fixed 18 mo.

$100

Quarterly

0.95%

Fixed 24 mo.

$100

Quarterly

1.00%

Fixed 30 mo.

$100

Quarterly

1.05%

Fixed 36 mo.

$100

Quarterly

1.10%

Fixed 48 mo.

$100

Quarterly

1.19%

1.20%

Fixed 60 mo.

$100

Quarterly

1.24%

1.25%