Individual Retirement Accounts
Used both for retirement savings and income tax management, our IRA accounts give you the financial tools you need. You may open either a traditional tax-deferred IRA or ROTH IRA, depending upon your needs – or both! Interest is accrued at very competitive rates compared to other bank investment accounts. Discuss your retirement account needs with our account representatives today.
Health Savings Accounts
Do you have a high deductible health care plan? If so you may qualify for a Health Savings Account. HSA is the latest combination of savings accounts and tax management tools. If you qualify, you can make tax deductible contributions which can then be used to pay your medical expenses. This account has convenient check writing, earns interest and sends you a monthly statement. Consult your tax adviser regarding deductibility of contributions.
To learn more please stop in to see us or view our Health Savings Account Presentation.
Refer to IRS publications 502 and 969 for Health Savings Account eligible expenses.