Personal IRA

From Traditional to Roth and Coverdell IRAs, VNB can help you sort through the options for retirement and education planning. We make it easy to start early, and you can start small, too, with as little as $100.

Account	Learn More	Opening Deposit	Terms	Tiered Interest Rate	Renewal
Fixed Term Tiered	More	$500.00	1 to 5 Years	Yes	Automatic
FIXED TERM TIERED IRA Traditional, Roth, and Coverdell (Education) IRAs are available Minimum opening deposit of $500 CD terms of 1 to 5 years 10 day grace period after maturity for withdrawals Penalty for withdrawal prior to maturity, forfeiture of interest regardless if earned, as follows: 6 months' forfeiture for CD with terms greater than 1 year Automatically renews Tiered interest rate structure: $500 - $49,000 $50,000 - $99,999 $100,000 and greater Interest paid quarterly Calendar quarter statements Subject to IRA rules and regulations
Tiered 18 Month	More	$5,000.00	18 Months	Yes	Automatic
TIERED 18 MONTH IRA Traditional, Roth, and Coverdell (Education) IRAs are available Minimum opening deposit of $5,000 10 day grace period after maturity for withdrawals Penalty for withdrawal prior to maturity, forfeiture of interest regardless if earned Automatically renews Tiered interest rate structure: $5,000 - $9,999 $10,000 and greater Interest paid quarterly Calendar quarter statements Subject to IRA rules and regulations
Phoenix	More	$5,000.00	90 Days	Yes	Automatic
PHOENIX IRA Traditional, Roth, and Coverdell (Education) IRAs are available Minimum opening deposit of $5,000 Deposits are permitted at any time Matures every 90 days 10 day grace period after maturity for withdrawals Penalty for withdrawal prior to maturity, 90 days forfeiture of interest regardless if earned Automatically renews Tiered interest rate structured by age of account 1-12 months 1 year CD rate 13-24 months 2 year CD rate 25-36 months 3 year CD rate 37-48 months 4 year CD rate 49 months or longer 5 year CD rate Interest paid quarterly Calendar quarter statements Subject to IRA rules and regulations
Money Market	More	$100.00	Not applicable	Yes	Not applicable
MONEY MARKET IRA Traditional, Roth and Coverdell (Education) IRAs are available Minimum opening deposit of $100 Deposits are permitted at any time Tiered interest rate structure: $1 - $4,999 $5,000 - $9,999 $10,000 - $24,999 $25,000 - $99,999 $100,000 and greater Interest paid monthly Monthly statements Subject to IRA rules and regulations