Individual Retirement Accounts (IRAs)

No one knows what the future holds, but with an IRA from FNBC, you can sleep soundly at night knowing when it's time to retire, you'll be financially prepared. We offer several options to fit your situation. Let our advisors help you pick the one that's right for you.

Individual Retirement Accounts (IRAs)
IRA
  • Set aside funds for retirement
  • Interest bearing account
  • Invest in CDs with a variety of terms
  • Fixed rate based on term of CD
  • Contributions may be tax deductible*
  • Convenient distribution choices upon reaching age 59½
  • Penalties may be imposed for early withdrawal
  • $1,000 minimum deposit to open
  • IRS penalty may be imposed for early withdrawal
  • FDIC insured

IRAs can be a complicated financial alternative. Take a look at our IRA Q&A for answers to frequently asked questions about IRAs and how they can benefit you.


*Consult your tax advisor.

IRA Variable Open End
  • Earn variable interest rate
  • Convenient distribution choices starting at age 59½
  • IRS penalty may be imposed for early withdrawal
  • No minimum opening deposit

IRAs can be a complicated financial alternative. Take a look at our IRA Q&A for answers to frequently asked questions about IRAs and how they can benefit you.

Roth IRAs

Invest after-tax dollars and let the investment grow tax deferred, until you're ready to use it. After 5 years, qualifying withdrawals are tax free.

  • Contributions are NOT tax deductible
  • Principal amount is not subject to taxes
  • Withdraw principal without penalty at any time
  • Balance grows tax-deferred
  • No mandatory distribution age
  • IRS penalty may be imposed for early withdrawal
  • Tax-free withdrawals after 5 years for qualifying events
  • FDIC insured

IRAs can be a complicated financial alternative. Take a look at our IRA Q&A for answers to frequently asked questions about IRAs and how they can benefit you.