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 | $100 | Quarterly | 0.05% | 0.05% |
Fixed 12 mo. | $100 | $100 | Quarterly | 0.55% | 0.55% |
Fixed 18 mo. | $100 | $100 | Quarterly | 0.85% | 0.85% |
Fixed 24 mo. | $100 | $100 | Quarterly | 1.00% | 1.00% |
Fixed 30 mo. | $100 | $100 | Quarterly | 1.05% | 1.05% |
Fixed 36 mo. | $100 | $100 | Quarterly | 1.05% | 1.05% |
Fixed 48 mo. | $100 | $100 | Quarterly | 1.15% | 1.15% |
Fixed 60 mo. | $100 | $100 | Quarterly | 1.19% | 1.20% |