IRAs

You can choose between the tax benefits offered by the Roth or Traditional IRA.

  • To open—visit your local Northwest office
  • 18-month variable rate CD
    • Open with $25
    • Deposits can be processed any time, in any increment
    • Withdrawals can be processed during the 7 day grace period
    • At the Bank's discretion, the interest rate may change on the last day of each calendar quarter
    • Interest will be compounded and credited quarterly
  • IRA Money Market Deposit Accounts
    • Open with $25
    • No deposit or withdrawal restrictions
    • At the Bank's discretion, the interest rate may change at any time
    • Tiered interest depending on balance
      • Tier 1 $.01 - $2,499.00
      • Tier 2 $2,500.00 - $9,999.99
      • Tier 3 $10,000.00 - $74,999.99
      • Tier 4 $75,000.00 and over
    • Interest will compound and credit monthly